This isn’t the best time to launch a comprehensive website for investors – or is it? On the one hand, the rapid run-up in home prices, which appears to be shifting at least mildly to reverse, is being attributed to (blamed on?) investors. Inventory is way up, as is time on market. "Price reduced" signs are sprouting across the country and developers are reporting a marked uptick in buyers who are backing out on contracts to buy houses and condos.

But maybe this is good for the more intrepid investors. Maybe this is the time for value investing in homes, as homeowners, slowing coming to terms with a changed real estate environment, give up on holding out for prices that seemed easily obtainable one year ago.

In any case, there is a brand new, multi-faceted, multimedia website for real estate investors. Real Estate Investment TV, at www.realestatetv.com, has been launched by Sandy Shaud, a California-based real estate broker, investor, and educator. The site is slick, beautifully laid-out, and full of information – much of it in the form of video clips, or as its name indicates, television programs.

Interestingly, despite the fact that it is based on the West Coast, in its very early days Real Estate Investment TV appears focused on the New Jersey/Philadelphia area. The main feature on its home page is a report on Philadelphia real estate opportunities. Inside, New Jersey is featured again, with live reports from Atlantic City (boats bobbing charmingly in the background) and on Union, with the heading "Is Union the next Jersey City?"

The website’s main topic headings are "Just Beginning," a section full of tips for novices, "Trends and Data," which is chock-full of first rate research, "Street Reports," an interactive section in which website visitors can report on what’s going on their towns, and "Finance Center," a tutorial on loan types, mortgages, credit, and creative financing.

There is also real estate news – lots of it. Drawing on newspapers and trade publications, the website recently posted a well-organized list of dozens of articles, including "Look at the Benefits of Buying a Home in a Cooling Market," "It Hasn’t Burst, but the Bubble is Real," "Just Listed: A Digest of Real Estate," "The Sprawl Effect," "Condo Saturation: But the Prices Yet to Drop in R.I," and "NAR Reports Existing Home Sales Flattening, Prices Cooling."

For more informal reporting, Real Estate Investment TV offers videos of investors talking about their experiences.

The meat of the website is free, and could be useful not only for investors but also for anyone thinking of buying and selling a home. There is a subscription option, at $14.95 a month. The subscription includes educational conference calls, where to buy reports, a monthly newsletter, E-mail alerts, and archive access.

Obviously drawing on the increased bandwidth that is rapidly upgrading computer capabilities in homes across the country, Real Estate Investment TV is a strikingly beautiful website, and probably an example of how the Internet will be used for all kinds of educational and marketing enterprises in the near future.

Top Of PageNew Residential Real Estate Agencies

M3 Realty, 408 Plainsboro Road, Plainsboro 08536; 609-716-9600; fax, 609-716-9602. Lee-Lee Lim, broker manager. ww.m3realty.com

M3 Realty, a commercial and residential agency based in Edison, is opening an office in Plainsboro on Saturday, September 9, with a lion dance celebration between 2 and 3 p.m.

Real Estate Essentials, 812 State Road, Suite 223, Princeton; 609-683-8080; fax, 609-683-8083. Albert Wilking, licensed broker. www.reeonline.com

Real Estate Essentials, a residential real estate agency offering what owner, Jessie Bonnice, calls "a menu-driven" services, opened in July on State Road.

The agency’s customers can either choose one service, perhaps negotiating a price, or showing a home, or they can opt for a more traditional all-inclusive package, with or without an MLS listing.

Top Of PageTransactions

Lawrence

14 Shadowstone Lane. Robb to Mathis. $895,000. Closing: March 7, 2006.

8 Shadowstone Lane. Barron to Bosch. $800,000. Closing: March 14, 2006.

3 Lost Trail. Goffred to Leahy. $745,000. Closing: June 20, 2006.

13 Pheasant Drive. Sheridan to Cox. $710,000. Closing: June 2, 2006.

5 Mark Cermele Court. Neri to Smith. $625,000. Closing: January 31, 2006.

37 Woodlane Road. Bass to Corporate Relocation Services. $550,000. Closing: March 27, 2006.

37 Woodlane Road. Corporate Relocation Services to Ling. $550,000. Closing: March 27, 2006.

27 Laurel Wood Drive. Casper to Sirva Relocation Credit LLC. $540,000. Closing: June 29, 2006.

27 Laurel Wood Drive. Sirva Relocation Credit LLC to Hauger. $540,000. Closing: June 29, 2006.

15 Carson Road. Ventura to Miller. $445,000. Closing: May 19, 2006.

4 Wiltshire Drive. Beazer Homes Corp. to Greenfield. $377,841. Closing: February 14, 2006.

92 Garden Avenue. Rybinski to Forfare. $373,000. Closing: March 22, 2006.

16 Wiltshire Drive. Beazer Homes Corp. to Cherry. $357,441. Closing: March 20, 2006.

3361 Lawrenceville-Princeton Road. Estate of Roberta J. Ruliison to Allington. $349,000. Closing: May 17, 2006.

2 Wiltshire Drive. Beazer Homes Corp to Cole. $341,060. Closing: February 21, 2006.

1307 Golden Place. Kelley to Seidel. $292,000. Closing: April 18, 2006.

12 Britton Court. Fernandes to Silver. $275,000. Closing: March 29, 2006.

9 Latta Court. Sun to Bavipati. $270,000. Closing: February 21, 2006.

102 Eagle Chase Drive. Casciani to Grubb. $262,000. Closing: June 28, 2006.

71 Drewes Court. Ranjan to Morris. $255,000. Closing: June 7, 2006.

43 Drewes Court. Bewtra to Oliver. $250,000. Closing: March 28, 2006.

616 Sea Place. Harle to Kohl. $248,000. Closing: June 29, 2006.

85 Drewes Court. Weselik to Krishana. $240,000. Closing: March 31, 2006.

Princeton Borough

287 B Nassau Street. Kling to Sikirica. $406,000. Closing: June 1, 2005.

Princeton Township

735 Prospect Avenue. Shaw to Naggar. $2,500,000. Closing: June 21, 2006.

148 Hunt Drive. Forest to Blecher. $1,750,000. Closing: June 26, 2006.

15 Derwent Drive. Chkouta to Corrado. $1,700,000. Closing: June 1, 2006.

446 Prospect. Barsky to Boix. $1,532,500. Closing: June 20, 2006.

49 Longview Drive. Munulty to Malhotra. $1,450,000. Closing: June 19, 2006.

565 Pretty Brook Road. Mathey to Giles. $1,372,500. Closing: July 17, 2006.

208 Winant Road. Klenert to Atkinson. $1,300,000. Closing: June 29, 2006.

50 Constitution Hill West. Johnson to Hendrickson. $1,210,000. Closing: June 14, 2006.

7 Edgerstoune Road. Lien to Ive. $1,200,000. Closing: June 7, 2006.

80 Randall Road. Drum to Devaney. $1,185,000. Closing: July 18, 2006.

641 Lawrenceville Road. Rodriquez-Iturbe to Robinson. $1,025,000. Closing: July 13, 2006.

26 Constitution Hill West. Ellis to Jamieson. $960,000. Closing: July 14, 2006.

10 Andrews Lane. Milstein to Vilensky. $950,000. Closing: June 19, 2006.

11 Frederick Court. M2K2 to Schadrack. $950,000. Closing: June 5, 2006.

87 McCosh Circle. Princeton University Trustees to Rodriguez-Iturbe. $933,380. Closing: June 23, 2006.

389 Terhune. Whittey to Panagiotopoulos. $917,000. Closing: June 13, 2006.

647 Herrontown Road. Yedlin to Manuilskly. $890,000. Closing: July 18, 2006.

4 Governors Lane. Langdon to Griffin. $860,000. Closing: June 21, 2006.

16 Pheasant Hill Road. Lifland to Palomar Associates. $841,250. Closing: June 12, 2006.

351 State Road. Stork to Liang. $770,000. Closing: June 5, 2006.

232 Hartley Avenue. Agawu to Trustees of Princeton University. $743,370. Closing: June 5, 2006.

544 Lake Drive. Rozas to Bell. $710,000. Closing: September 23, 2005.

544 Mercer Road. Leonard/Richardson to Vaughey. $705,000. Closing: June 28, 2006.

29 Cuyler Road. Doran to Lofberg. $697,500. Closing: September 29, 2005.

84 Wheatsheaf. Schwartzman to Rouse/Schlitz. $693,000. Closing: July 12, 2006.

11 Rollingmead. Fineman to Richards. $658,000. Closing: September 1, 2005.

24 Maidenhead Road. Sahota to Kay. $645,000. Closing: July 18, 2006.

55 Trewbridge Court. Weinberger to Shevelev. $637,500. Closing: September 26, 2005.

218 Bullock Drive. Wright to Shaw. $620,000. Closing: September 2, 2005.

177 Harrison Street South. Chen to P.U. Trustees. $589,000. Closing: September 7, 2005.

179 South Harrison Street. Chen to P.U. Trustees. $585,000. Closing: September 7, 2005.

58 Maidenhead Road. Parsha to Scott. $583,826. Closing: June 5, 2006.

102 Maclean Circle. Lo to P.U. Trustees. $578,000. Closing: September 30, 2005.

160 Neil Court. Watling to Ong. $555,000. Closing: September 1, 2005.

177 Terhune Road. Perry to Arbelaez. $550,000. Closing: July 19, 2006.

497 Herrontown Road. Roberton to Weeks. $550,000. Closing: June 29, 2006.

42 Cuyler Road. Yangdon to Clayton. $535,000. Closing: June 14, 2006.

2 Laurel Road. Gilman to Curran. $521,000. Closing: September 29, 2005.

291 Ewing Street. Tocco to Heck. $519,000. Closing: September 1, 2005.

413 Ewing Street. Latner to Glilmis. $504,000. Closing: June 27, 2006.

380 State Road. Hartley to Prakash. $439,000. Closing: June 8, 2006.

256 William Livingston Court. Ding to Chen. $422,000. Closing: September 28, 2005.

165 So. Harrison Street. Pilato to Wieland. $395,000. Closing: June 8, 2006.

525 Brickhouse Road. Rikstad to Gopal. $385,000. Closing: September 23, 2005.

230 Linden Lane. Rinere to Freeman. $382,000. Closing: June 19, 2006.

214 Birch Avenue, Unit A. Birch Avenue Condo LLC to Okoth. $315,000. Closing: July 13, 2006.

35 Governors Lane. Lorenzo to Clark. $110,000. Closing: September 23, 2005.

Out below

Seller’s Realty Group is planning a September opening in Carnegie Center.

Seller’s Realty Group, 212 Carnegie Center, Suite 206, Princeton 08540; 609-799-4600; fax, 609-613-5566. Edward Aretz, CEO. Home page: www.weonlysellhomes.com

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