Utilizing my extensive knowledge of the Bridgewater Township area os Somerset County, this Market Report explores the current dynamics of our local real estate market. Through my monthly updates, I navigate the economic climate and trends that impact our community’s property landscape. This report goes [...]
Back in 2008, there was an oversupply of homes for sale. Today, there’s an undersupply. The three main sources of inventory show this isn’t like the last time. Existing homes, new homes, and foreclosures are all way below the levels we saw during the [...]
During the pandemic, home prices soared due to high demand coupled with low inventory and mortgage rates. But that rapid appreciation couldn’t last forever. Now, data confirms prices are still rising, just more moderately. This healthier pace is actually a good thing. It means home [...]
Equity is the difference between what your house is worth and what you still owe on your mortgage. The typical homeowner gained $28,000 over the past year and has a grand total of $305,000 in equity. And there are a lot of great ways you [...]
There’s an interesting trend happening in the housing market. People are increasingly moving to more affordable areas, and remote or hybrid work is helping them do it. Consider Moving to a More Affordable Area Today’s high mortgage rates combined with continually rising home prices mean it’s tough for a lot of people [...]
Want to know the biggest mistakes homebuyers are making today? They include everything from putting off pre-approval for too long, holding out for the perfect home, buying more than they can afford, and skipping out on hiring a pro. Let’s connect to make sure [...]
Choosing the right agent is a big deal. One key thing to look for? A local real estate expert. You want to find someone who knows the area like the back of their hand, including where you're most likely to find the home you're [...]
Are you wondering if the upcoming election will have an impact on the housing market? Here’s what history tells us you need to know if you’re considering a move. Data shows home sales slow in November but quickly bounce back and rise the following [...]
Homeownership continues to top the list as a big part of the American Dream. A recent Bankrate survey found that 78% of people rank it above other milestones like retirement and career success. Why? Security and wealth-building. A fixed-rate mortgage keeps expenses stable, and as [...]
Just applied for a mortgage? Heads up – there are a few things to avoid to keep your closing smooth: -Don't change bank accounts -Don't apply for new credit or close accounts -Don't make large purchases or transfers -Don't co-sign loans Pro [...]