How long have you lived in your house? Because if it’s been a while, chances are you have a whole lot of equity built up. In the last 5 years, home values have gone up by almost 60%. And in 30 years, [...]
Thinking about moving in 2025 and wondering what to expect? In their early 2025 housing market forecasts, experts say mortgage rates will come down slightly. As that happens, more buyers will jump back into the market, so more [...]
You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years. But there is hope on the horizon. Rates have actually started to come down. And, recently they hit the lowest point we’ve seen in 2024, according to Freddie Mac (see [...]
Did you know? The supply of homes for sale has grown significantly this year. Here’s what that growth means: More options for your move More negotiation power for you More likely sellers will make some repairs More moderate price growth Please connect with [...]
Thinking about buying a home? It’s important to know how mortgage rates can affect your monthly payment. Because even a slight change in rates can have a big impact. Overall, rates have been trending down lately. So, this could be your chance to make your [...]
Coldwell Banker Realty This beautifully updated center hall colonial located on a mature cul-de-sac lot with private views of natural surroundings in Branchburg's prestigious and highly sought-after Chambers Brook area. The home features extensive moldings, interior decorations, and an updated kitchen with granite countertops and [...]
The housing market is in a transition. And that gives you three key opportunities going into the fall. There are more homes actively for sale. Builders are motivated to sell, so a newly built home may be more achievable than you think. And mortgage [...]
Good news for all the buyers out there. The supply of homes for sale has grown significantly this year. There are 36.6% more homes actively for sale compared to 2023. This means more options for you. But this doesn’t mean we have an oversupply. [...]
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 [...]