For Buyers Archives - Page 185 of 186 - See Jersey Shore Homes

Rent or Buy: Either Way You’re Paying A Mortgage

There are some renters that have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – either your mortgage or your landlord’s.

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2016 Home Sales Doing Just Fine!!

Some of the housing headlines are causing concern for some consumers who are in the process of either buying or selling a home. Pundits are concerned over the lack of new construction or the month-over-month sales numbers. Let’s set the record straight; 2015 was a good year for residential real estate in the United States and 2016 is starting out stronger.

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Past, Present & Future Home Values

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers / By Corinne Geiger

In CoreLogic’s latest Home Price Index, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month, and projected appreciation over the next twelve months.

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Sales Contracts Hit Highest Level in Months

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers / By Corinne Geiger

The National Association of Realtors (NAR) just announced that the February Pending Home Sales Index reached its highest reading since July 2015.

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Home Sales Up Year-Over-Year

For Buyers, For Sellers, Infographics / By Corinne Geiger

Some Highlights

This is the 48th consecutive month with year-over-year price gains.
Lawrence Yun, NAR’s Chief Economist says that, “The main issue continues to be a supply & affordability problem. Finding the right property at an affordable price is burdening many potential buyers.”
Inventory is still below historic normals at a 4.4 month supply.

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Further Proof This Isn’t a Housing Bubble

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers / By Corinne Geiger

Two weeks ago, we posted a blog which explained that current increases in home prices were the result of the well-known concept of supply & demand and should not lead to conversations of a new housing bubble. Today, we want to look at home prices as compared to current incomes.

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91.5% of Homes in the US Have Positive Equity

For Buyers, For Sellers, Move-Up Buyers / By Corinne Geiger

CoreLogic’s latest Equity Report revealed that one million borrowers regained equity in their homes in 2015. The outlook for 2016 remains positive as well, as an additional 850,000 properties would regain equity if home prices rose another 5% this year.

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The Importance of Using an Agent To Sell Your House

First Time Home Buyers, For Buyers, Move-Up Buyers / By Corinne Geiger

When a homeowner decides to sell their house, they obviously want the best possible price with the least amount of hassles. However, for the vast majority of sellers, the most important result is to actually get the home sold.

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The Mortgage Process: What You Need To Know [INFOGRAPHIC]

Down Payments, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers / By Corinne Geiger

Some Highlights:

Many buyers are purchasing a home with a down payment as little as 3%.
You may already qualify for a loan, even if you don’t have perfect credit.
Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.

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What If I Wait Until Next Year To Buy A Home?

First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Pricing / By Corinne Geiger

As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first-time or repeat buyer, you must not be concerned only about price but also about the ‘long term cost’ of the home.