My January 2023 Real Estate Market Reports are now available. In them, you will find that interest rates have come down nicely, and sellers are more reasonable. Also, there are not a lot of buyers out there this time of the year. Hunterdon County Edition: [...]
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, [...]
Our market is hyper-local and is based on its relationship to NYC. As a result, it is not typical. You can find my recent market reports here: https://jpeters.com/category/type/market-reports/ You can find my buyer's and seller's guides here: https://jpeters.com/buyers-seller-guide/ \ Call or text with any 908-304-4660 [...]
Some Highlights From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. If you’re thinking of buying or selling a home this year, let’s connect so you understand where the housing [...]
There’s no denying mortgage rates are higher now than they were last year. And if you’re thinking about buying a home, this may be top of mind for you. That’s because those higher rates impact how much it costs to borrow money for your home loan. As [...]
With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the [...]
Some Highlights While there are many financial perks to owning a home, there are also powerful non-financial benefits to consider if you’re thinking about making a move. Homeownership allows you to express yourself, gives you greater privacy and comfort, enhances your connection to your community and loved ones, [...]
Listen in as I am being interviewed by Fred Saide of MoneyMattersUSA You can listen to my other podcasts here: Don't forget to check out our latest market reports!
This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage [...]
Some Highlights VA Loans can help make homeownership possible for those who have served our country. These loans offer great benefits for eligible individuals and can help them buy a VA-approved house or condo, build a new home, or make improvements to their house. Homeownership is the American Dream. One [...]