Page 217 – See Jersey Shore Homes

U.S. Housing Inventory Hits a New Low… List Your House TODAY!

July 24, 2017

Every summer, families across the country decide if this will be the year they sell their current house and move into their dream home. Mortgage rates have hovered around 4% for all of 2017, forcing buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! At the same time, inventory […]

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Singles Are Falling for Their Dream Home First [INFOGRAPHIC]

July 21, 2017

Some Highlights:

According to NAR’s Profile of Home Buyers & Sellers, the share of recent homebuyers who were single at the time of purchase held steady at 24% last year.
The percentage of first-time buyers who were single females rose to 17% (up from 16%), as the share of single men dropped from 11% to 8%.
The primary reason for buying a home amongst singles was the desire to own a home of their own (38% for women and 37% for men).

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84% of Americans Believe Buying a Home is a Good Financial Decision

July 20, 2017

According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, 84% of Americans now believe that purchasing a home is a good financial decision. This is the highest percentage since 2007 – before the housing crisis. Those surveyed pointed out five major reasons why they believe homeownership is a good financial decision: Homeownership […]

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3 Tips to Succeed in Today’s Real Estate Market

July 19, 2017

In today’s highly competitive real estate market, where inventory levels are not keeping up with the constant stream of buyer demand, there are steps you can take to ensure you are most prepared for success when buying a home. The 3 tips we are going to expand on today come from a recent blog by […]

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Thinking of Selling? You Should Act NOW!

July 18, 2017

If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to […]

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3 Questions to Ask Before You Buy Your Dream Home

July 17, 2017

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. Ask yourself the following 3 questions to […]

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Home Buying Myths Slayed [INFOGRAPHIC]

July 14, 2017

Some Highlights:

Interest rates are still below historic numbers.
88% of property managers raised their rent in the last 12 months!
The credit score requirements for mortgage approval continue to fall.

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The 5 Greatest Benefits of Homeownership

July 13, 2017

Recently, Freddie Mac reported on the benefits of homeownership. According to their report, here are the five benefits that “should be at the top of everyone’s list.” Homeownership can help you build equity over time. Your monthly payments will remain stable. You may have some tax benefits. You can take pride in ownership. Homeownership improves […]

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Homeowners: Your Home Must Be Sold TWICE

July 12, 2017

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for […]

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The High Impact of Low Interest Rates on Your Purchasing Power

July 11, 2017

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.96%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power. Purchasing power, simply put, […]

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5 Reasons Why You Should Not For Sale By Owner!

July 10, 2017

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers. Here are […]

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Median Days on the Market Drops to 27! [INFOGRAPHIC]

July 7, 2017

Some Highlights:

The National Association of REALTORS® surveyed their members for their monthly Confidence Index.
The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
Homes sold in less than a month in 24 out of 50 states, and Washington D.C.
Homes typically went under contract in 27 days in May!

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