Comments on: About the Blog http://www.branchblog.com Real estate trends, community events and other stuff happening in Branchburg. Wed, 24 Feb 2010 21:32:45 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: chughes http://www.branchblog.com/about/comment-page-1/#comment-3866 chughes Sun, 27 Sep 2009 04:08:48 +0000 #comment-3866 Hang in there, Pradeep. You have to remember that in Somerset Co right now, it takes six months just to file the lis pendens and another 12-18 months for the judgment and docketing for sheriff sale. Believe me when I tell you that the real pain hasn't even begun yet, as the white collar job loss in Bridgewater/Branchburg didn't start until a few months ago. I don't know what you're looking at, but Branchburg/Bridgewater RE is most certainly NOT holding on. We're looking at blanket 20-25% drops vs the 2005 peak, and I fully expect that prices will pull back to pre-9/11 levels before this mess is over. Hang in there, Pradeep. You have to remember that in Somerset Co right now, it takes six months just to file the lis pendens and another 12-18 months for the judgment and docketing for sheriff sale. Believe me when I tell you that the real pain hasn’t even begun yet, as the white collar job loss in Bridgewater/Branchburg didn’t start until a few months ago.

I don’t know what you’re looking at, but Branchburg/Bridgewater RE is most certainly NOT holding on. We’re looking at blanket 20-25% drops vs the 2005 peak, and I fully expect that prices will pull back to pre-9/11 levels before this mess is over.

]]> By: Pradeep http://www.branchblog.com/about/comment-page-1/#comment-3865 Pradeep Sat, 26 Sep 2009 20:20:43 +0000 #comment-3865 Chuck, I have been browsing your blog for some time now. You sound less like a realtor and more like a cynic ( compliment ). Unfortunately so far, you and I have both been so far proven wrong. I am waiting on the sidelines for a few years now and still the armageddon is not coming. It did almost in the job market, but bridewater branchburg real estate is still holding on..... I see lis pendins for few quarters and yet no foreclosing on them. I am holding on for few more months then will jump in (or rather pushed in by my wife )... Pradeep Chuck,
I have been browsing your blog for some time now. You sound less like a realtor and more like a cynic ( compliment ). Unfortunately so far, you and I have both been so far proven wrong. I am waiting on the sidelines for a few years now and still the armageddon is not coming. It did almost in the job market, but bridewater branchburg real estate is still holding on…..
I see lis pendins for few quarters and yet no foreclosing on them. I am holding on for few more months then will jump in (or rather pushed in by my wife )…

Pradeep

]]> By: curtman http://www.branchblog.com/about/comment-page-1/#comment-76 curtman Sun, 11 Mar 2007 14:15:00 +0000 #comment-76 Just saw your post on the IAFF blog... (still trying to understand that guy).. anyway you encapsulated everything I feel when reading that blog. Just saw your post on the IAFF blog… (still trying to understand that guy).. anyway you encapsulated everything I feel when reading that blog.

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