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 [...]
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 [...]
If you’re thinking about selling your house, it’s important to know what the home inspection is and what inspectors look for. As supply grows and buyers regain negotiation power, you may find you want to do some select repairs with a good return on investment [...]
Curious about selling your home? Understanding how much equity you have is the first step to unlocking what you can afford when you move. And since home prices rose so much over the past few years, most people have much more equity than they may realize. Here’s a deeper look [...]
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 [...]
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 [...]
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 [...]