James W. Hughes, the retired Dean and Distinguished Professor, of the Edward J. Bloustein School of Planning and Public Policy, Rutgers University, discusses what transpired in 2023 and what we should expect in 2024. In this episode, you will learn what Professor Hughes sees [...]
Some Highlights Headlines saying foreclosures are rising might make you feel uneasy. But the truth is, there’s no need to worry. If you look at the latest numbers, they’re still below pre-pandemic norms and way below what happened during the crash. If you're worried about a flood of foreclosures, the [...]
Have you ever heard the term “Silver Tsunami” and wondered what it's all about? If so, that might be because there’s been lot of talk about it online recently. Let's dive into what it is and why it won't drastically impact the housing market. What Does Silver [...]
If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home. A great way to balance those emotions and make sure you’re [...]
Some Highlights If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028. Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the [...]
If you want to buy a home, it's important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see [...]
Utilizing my extensive knowledge of Bridgewater Township in Somerset County, this Market Report covers the current dynamics of our local real estate market. Through my monthly market updates, I navigate you through the economic climate and trends influencing our community's property landscape. The report goes [...]
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024. In 2023, higher mortgage rates, confusion over home price headlines, and a lack of homes for sale created some challenges for buyers and sellers looking to make a [...]
This market report uses my local Bridgewater and Somerset County expertise to clearly explain what is happening in our local real estate market. My monthly market update will guide you through the economic conditions and trends that impact our local markets. The update also provides [...]
This market report uses my local Somerset County expertise to clearly explain what is happening in our local real estate market. My monthly market update will guide you through the economic conditions and trends that impact our local markets. The update also provides hyper-local statistics [...]