For Buyers Archives - Page 76 of 186 - See Jersey Shore Homes

What Do Experts Say About Today’s Mortgage Rates?

Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money. That’s why experts across the industry agree – today’s low rates […]

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Options for First-Time Homebuyers [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics / By Corinne Geiger

Some Highlights

With a housing market this competitive, sometimes you have to think outside the box.
Work with your trusted real estate advisors to do things like assess your budget, expand your search radius, look into other options, and determine your true needs.
If you’re having trouble finding your first home, let’s connect to explore your options. It’s out there!

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More Young People Are Buying Homes

Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Housing Market Updates, Millennials, Rent vs. Buy / By Corinne Geiger

There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked to homeownership. Those delays led to their […]

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Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand

For Buyers, For Sellers, Housing Market Updates, Pricing / By Corinne Geiger

One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity. However, demand isn’t the real issue. Instead, it’s the lack of supply (homes […]

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Are Houses Less Affordable Than They Were in Past Decades?

Buying Myths, For Buyers, Interest Rates, Pricing / By Corinne Geiger

There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than it was in 2005? What about 1995? What happens […]

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Looking for a Place To Call Home? Consider a Condominium.

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Pricing / By Corinne Geiger

It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option. In fact, trends indicate […]

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The Community and Economic Impacts of a Home Sale

For Buyers, For Sellers, Housing Market Updates, New Construction / By Corinne Geiger

If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. What you may not realize is that decision impacts people’s lives far beyond your own. Home purchases and sales are significant drivers of economic activity. They have a major impact on your community […]

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Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes

Buying Myths, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction / By Corinne Geiger

In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they’d prefer new construction to an existing home.” However, it seems buyers are now shifting their preferences back to existing homes. […]

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With Rents on the Rise – Is Now the Time To Buy?

First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy / By Corinne Geiger

According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply recovering to pre-pandemic levels, rents across the country are surging. Typically, rents fluctuate less than […]

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Key Questions To Ask Yourself Before Buying a Home

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

Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need to make your best decision. Before you decide whether you’re ready to buy […]