Comments on: Hoboken Condo Sales Results – The January Numbers http://hobokenrealestatenews.com/2010/02/08/hoboken-condo-sales-results-the-january-numbers/ What buyers and sellers need to know about Hoboken condos and real estate. Mon, 06 Feb 2012 19:46:18 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Tiger http://hobokenrealestatenews.com/2010/02/08/hoboken-condo-sales-results-the-january-numbers/comment-page-1/#comment-4998 Tiger Wed, 17 Feb 2010 15:22:57 +0000 http://hobokenrealestatenews.com/?p=2563#comment-4998 I can't believe I am saying this :-), but I actually agree with thoughts on the metro area vs burbs theory. Yes, we are saying slow but certain changes in governing body in Hoboken. If I ever have kids, I would seriously consider moving down to Houston (the inner city, not the burbs); would be great to live within a commutable distance from my brother. In fact, he lived in the burbs when he was a resident, sold that home and moved right into the inner loop when they had their second child. For them, having a 10 minute commute vs a one hour commute made it all worth it, it meant that both of them get to spend more time with their kids and actually raise them vs delegating that job entirely to the nanny. I can’t believe I am saying this :-) , but I actually agree with thoughts on the metro area vs burbs theory. Yes, we are saying slow but certain changes in governing body in Hoboken.

If I ever have kids, I would seriously consider moving down to Houston (the inner city, not the burbs); would be great to live within a commutable distance from my brother. In fact, he lived in the burbs when he was a resident, sold that home and moved right into the inner loop when they had their second child. For them, having a 10 minute commute vs a one hour commute made it all worth it, it meant that both of them get to spend more time with their kids and actually raise them vs delegating that job entirely to the nanny.

]]> By: shortsequalmarket http://hobokenrealestatenews.com/2010/02/08/hoboken-condo-sales-results-the-january-numbers/comment-page-1/#comment-4997 shortsequalmarket Wed, 17 Feb 2010 01:05:43 +0000 http://hobokenrealestatenews.com/?p=2563#comment-4997 Maybe some are staying away from the 'burbs but that study sounds cherry picked. If you look at the 2/2 units with parking in Hoboken you will find many of them have a nursery. That's right they are looking to leave before the kid goes to school. There are a lot of places like this in Hoboken. There is still people lining up to get into Milburn High, not so much Hoboken. Maybe some are staying away from the ‘burbs but that study sounds cherry picked. If you look at the 2/2 units with parking in Hoboken you will find many of them have a nursery. That’s right they are looking to leave before the kid goes to school. There are a lot of places like this in Hoboken.

There is still people lining up to get into Milburn High, not so much Hoboken.

]]> By: Lori http://hobokenrealestatenews.com/2010/02/08/hoboken-condo-sales-results-the-january-numbers/comment-page-1/#comment-4981 Lori Mon, 15 Feb 2010 22:22:52 +0000 http://hobokenrealestatenews.com/?p=2563#comment-4981 Why was there a bidding war (we don't call it that, by the way - we call if multiple offers). Well, many young families with several children are choosing to remain in Hoboken. They want 3 bedroom apartments (and not 900 square foot ones). This was a particularly nice unit, over 1700 sq ft., in a decent location, elevator building with deeded parking. The renovations were a bit personal but nicely done. It also had outdoor space. It was priced at about $445 a square foot. That is few and far between, or let's say limited supply. There is a lot of demand for big, decent units. So you get multiple bids. Why was there a bidding war (we don’t call it that, by the way – we call if multiple offers). Well, many young families with several children are choosing to remain in Hoboken. They want 3 bedroom apartments (and not 900 square foot ones). This was a particularly nice unit, over 1700 sq ft., in a decent location, elevator building with deeded parking. The renovations were a bit personal but nicely done. It also had outdoor space. It was priced at about $445 a square foot. That is few and far between, or let’s say limited supply. There is a lot of demand for big, decent units. So you get multiple bids.

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