Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term. Homeownership wins over time. Let’s connect so you can [...]
December was a challenging month for buyers, But January looks a lot more promising Don't forget to check out our latest market reports!
Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains: “. . . some of the more prominent [...]
Some Highlights If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters. While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still [...]
Learn what the late January 2023 real estate market conditions are across Hunterdon and Somerset Counties. You may be surprised. Let’s connect to explore your options today. You can also call or text me at 908-304-4660. Don't forget to check out our latest market [...]
It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts [...]
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, [...]
A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one. A great way to [...]
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 [...]