The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding something to buy.” [...]
To sell your home this spring, it may need more preparation than it would have a year or two ago. Today’s housing market has a different feel. There are more homes for sale than there were at this time last year, but inventory is still historically low. [...]
Some Highlights The biggest challenge in the housing market is how few houses there are for sale compared to the number of people who want to buy. The number of homes for sale is up from last year but below pre-pandemic numbers, and that means we’re still in a [...]
Let me show you how to get started and make this happen for you. 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 reports!
Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close [...]
Understand what is happening with interest rates and how it affects if you should be buying or selling. Don't forget to check out our latest market reports!
Some Highlights Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase. And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little [...]
My goal in this market report is to bring clarity to understanding our Somerset County real estate market through my local expertise. My monthly market update walks you through the economic conditions and trends that influence our local markets as it offers hyper-local statistics that [...]
My goal in this market report is to bring clarity to understanding our Somerset County real estate market through my local expertise. My monthly market update walks you through the economic conditions and trends that influence our local markets as it offers hyper-local statistics that [...]
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 [...]