Savings in any form is a good thing. The forced savings you can earn from making a mortgage payment enables you to build wealth through home equity. That equity can come in handy in both good and more challenging times.
Are you on the fence about putting your house on the market?
Get ahead of the residential real estate market drivers in Somerset County and Bridgewater, New Jersey, with Coldwell Banker Residential Broker sales associate, Joe Peters. Joe's monthly market update walks people through the economic conditions and trends that influence our local markets. You will come away knowing "what" is happening, and more importantly, "why" it is happening. As a result, you will be better informed to make home buying and selling decisions in 2021.
Get ahead of the residential real estate market drivers in Hunterdon County, New Jersey, with Coldwell Banker Residential Broker sales associate, Joe Peters. Joe's monthly market update walks you through the economic conditions and trends that influence our local markets. You will come away knowing "what" is happening, and more importantly, "why" it is happening. As a result, you will be better informed to make home buying and selling decisions in 2021.
Get ahead of the residential real estate market drivers in Somerset County, New Jersey, with Coldwell Banker Residential Broker sales associate, Joe Peters. Joe's monthly market update walks people through the economic conditions and trends that influence our local markets. You will come away knowing "what" is happening, and more importantly, "why" it is happening. As a result, you will be better informed to make home buying and selling decisions in 2021.
If you are on the fence, this Infographic will be of help. With buyer demand rising and historically low inventory for sale, if you’re in a position to move, your house may really stand out from the crowd. Let’s connect today to get your listing process underway. [...]
Learn how many have gotten current on their payments, renegotiated their mortgage, and such. The numbers are surprisingly good. Learn the three major reasons why most experts believe there will not be a tsunami of foreclosures as we saw during the housing crash over a decade ago
The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. The real estate market is entering the year like a lion. There’s no indication it will lose that roar, assuming inventory continues to come to market.
According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. Low mortgage rates have driven buyer demand over the last twelve months. According to Freddie Mac, rates stood at 3.72% at the beginning of 2020. Today, we’re starting 2021 with rates one full percentage point lower than that. There’s still a very limited number of homes for sale for the great number of purchasers looking to buy them. As a result, the concept of “supply and demand” mandates that home values in the country will continue to appreciate.
If one of the questions you’re asking yourself is, “Should I sell my house this year?” consumer sentiment about selling today should boost your confidence in the right direction. Even with the current health crisis that continues to challenge our nation, Americans still feel good about selling a house. If you’re ready to make a move, you can feel good about the current sentiment in the market and the advantageous conditions for today’s sellers. Let’s connect today to determine the best next step when it comes to selling your house this year.