I know you're seeing a lot of negative news on the network channels because negative news sells, but this is not the case in Hunterdon and Somerset County. Until you get up into the million-dollar price points, we have a shortage of inventory, [...]
Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending standards in this [...]
Learn what is affecting real estate today in our local areas and how it will affect your decisions. Don't forget to check out our latest market reports!
Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember [...]
If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership. As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 290.2% since 1991. Homeownership wins in the long run. If you’re ready to [...]
Is this the right time to put my house on the market? Find the answers to this question and others that you might have in considering selling your house. Don't forget to check out our latest market reports!
Some Highlights If you’re planning to sell your house this year, you likely have questions about what the shift in the housing market means for your home sale. You might be wondering: Should I wait to sell? Are buyers still out there? And can I afford to buy my next home? Let’s connect so [...]
My goal in this market report is to bring certainty in understanding our Somerset County real estate market through my expertise. My monthly market update walks you through the economic conditions and trends that influence our local markets. It also offers hyper-local statistics that you [...]
Your house is probably your biggest investment. Take a look at the equity gans in it for a quick pick-me-up. Don't forget to check out our latest market reports!
The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt [...]