Monthly Archives: November 2015
Existing Home Sales & Prices are Up!
Existing home sales are up 3.9% over last year while home prices are up nationwide by 5.8%. The housing market recovery continues! National award-winners and seasoned Realtors with over many years of experience in Northern & Central New Jersey, Rahul & Smitha and their team have become New Jersey’s “Go To” agents and consistent leaders... Read More
Millennials: What FICO Score is Needed to Buy a Home?
In a recent article by the Wharton School of Business at the University of Pennsylvania, it was revealed that some Millennials are not looking to purchase a home simply because they don’t believe they can qualify for a mortgage. The article quoted Jessica Lautz, the National Association of Realtors’ Managing Director of Survey Research, as... Read More
Numbers Don’t Lie – Build Your Nest Egg with Real Estate
There are many reasons, both financial and non-financial, that homeownership remains an important part of the American Dream. One of the biggest reasons is the fact that it helps build family wealth. Recently, Freddie Mac wrote about the power of home equity. They explained: “In the simplest terms, equity is the difference between how much... Read More
2015 Profile of Home Buyers & Sellers
Who was buying and selling homes in 2015? Check out the infographic! National award-winners and seasoned Realtors with over many years of experience in Northern & Central New Jersey, Rahul & Smitha and their team have become New Jersey’s “Go To” agents and consistent leaders with a reputation for tenaciously protecting their clients’ interests. They specialize... Read More
Should I Pay a Mortgage Interest Rate over 4%?
Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Along with Freddie Mac, Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors are all calling for mortgage rates to continue to rise over the next four quarters. This has caused some purchasers to lament the fact... Read More
Oscar-Winning Home Staging Tips: Stage to Sell
Why Home Staging Sells Real estate agents and sellers know how important it is to show a home that is presented in its finest form. Statistics show that staged homes sell faster and for more money. Interestingly, it is estimated that only 10 percent of prospective buyers can visualize a home looking any different than... Read More
Where Are Mortgage Rates Headed? This Winter? Next Year?
The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year. Below is a chart created... Read More
House Hasn’t Sold Yet? Take Another Look at the Price
The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand remains strong going into the winter. Many real estate professionals are reporting that multiple offers are occurring regularly and listings are actually selling above listing price. What about your house?... Read More
6 Reasons You Should List Your Home Before the Holidays
Every year at this time, many homeowners decide to wait until after the holidays to put their home on the market for the first time. Others who already have their home on the market decide to take it off the market until after the holidays. Here are six great reasons not to wait: 1. Relocation... Read More
Community Video Tour of Liberty Greens Townhome Community in Morris Township, NJ
The Liberty Greens Townhome Community is that unusual combination of a Suburban Lifestyle with In-Town Convenience. Tucked away, yet conveniently located in Convent Station section of Historic Morris Township, Liberty Greens lies just 25 miles west of New York City and is only a 5-10 minute walk to the Midtown Direct train to NYC. The community amenities are perfectly maintained... Read More