31 N. Main Street
Manahawkin, NJ 08050
Office 609-978-4046
There has been a lot of talk about the falling homeownership rate in the United States. In December 2004, the homeownership rate reached an all-time high of 69.4%, while the current rate is 62.9%. When comparing these two figures, there is some room for concern regarding the difference.
Percentage of Homeownership by Decade and by State Read More »
So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. More often than not, your agent may have made your offer contingent on a clean home inspection.
What to Expect When Home Inspecting Read More »
The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.
Buying is Now 37.7% Cheaper Than Renting in the US Read More »
The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report revealing that distressed property sales accounted for 4% of sales in September. This is down from 7% in 2015, and is the lowest figure since NAR began tracking distressed sales in October 2008.
Sales of Distressed Properties Hit New Low Read More »
Some Highlights:Distressed property sales fell to its lowest number since NAR began tracking it in 2008.As you can see, with less distressed properties, sales are up in all price ranges except the $0 – $100K price range.Interest rates are still at hist…
7 Graphs That Show the Real Estate Market is Back! [INFOGRAPHIC] Read More »
Recently there has been a lot of talk about home prices and if they are accelerating too quickly. In some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices to rise.
The ‘Great News’ About Rising Prices Read More »
In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search.
Starting to Look for a Home? Know What You WANT vs. What You NEED Read More »
According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.47%. Rates have remained at or below 3.5% each of the last 16 weeks, marking a historic low.
How Historically Low Interest Rates Increase Your Purchasing Power Read More »
The results of countless studies have shown that potential home buyers, and even current homeowners, have an inflated view of what is really required to qualify for a mortgage in today’s market.
Don’t Disqualify Yourself… Over Half of All Loans Approved Have a FICO Score Under 750 Read More »
Some Highlights:Historically, the choice between renting or buying a home has been a close decision.Looking at the percentage of income needed to rent a median priced home today (30%) vs. the percentage needed to buy a median priced home (15%), the cho…
Do You Know the Cost of Renting vs. Buying? [INFOGRAPHIC] Read More »
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.
Appraisers and Homeowners Don’t See Eye-To-Eye on Values Read More »
So you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process and they have asked you what level of access you want to provide to potential buyers.
The Role Access Plays in Getting Your House SOLD! Read More »
