My goal in this market report is to bring certainty in understanding our Hunterdon 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 [...]
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 [...]
Some Highlights While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low. The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average home received 2.8 offers and 39% sold over the [...]
Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means signs say there won’t be a [...]
When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided [...]
Some Highlights The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home sales will be more in line with pre-pandemic years. Let’s connect so you can [...]
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 [...]
My goal in this market report is to bring certainty in understanding our Hunterdon 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 [...]
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 [...]
Some Highlights The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home. Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding wars may ease as buyer demand moderates, leading [...]