Real Estate Blog

Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays.

Here are seven great reasons not to wait:

  1. Relocation buyers are out there. Many companies are still hiring throughout the holidays and need their employees in their new positions as soon as possible.
  2. Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now.
  3. You can restrict the showings on your home to the times you want it shown. You will remain in control.
  4. Homes show better when decorated for the holidays.
  5. There is less competition for you as a
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Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters.

This has caused some purchasers to lament the fact that they may no longer be able to get a rate below 3.5%. However, we must realize that current rates are still at historic lows.

Here is a chart showing the average mortgage interest rate over the last several decades:

Bottom Line Though you may have missed getting the lowest mortgage rate ever offered, you can still get a better interest rate than your older brother or sister did ten years ago, a lower

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Breaking: Students at Nut Swamp will likely be transferred to New Monmouth and some students from South will be transferred to North.

On Monday, Middletown schools superintendent Dr. Bill George announced that the district will likely realign some of the school boundary maps in the district — meaning that students who live in certain areas will be sent to new schools, different than what they are currently zoned for. The changes will take place as early as next September, at the start of the 2018-2019 school year.

Here's who will be affected: Some students at Nut Swamp and Middletown Village will likely be transferred to New Monmouth, which is currently only at 75 percent capacity and can fit more students. Students from Thompson, which is

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Some Highlights:

  • Historically, the choice between renting or buying a home has been a tough decision.
  • Looking at the percentage of income needed to rent a median-priced home today (29.2%) vs. the percentage needed to buy a median-priced home (15.8%), the choice becomes obvious.
  • Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!

 

 

 

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Some Highlights:

Buyer demand continues to outpace the supply of homes for sale! Buyers are often competing with one another for the listings that are available!

Housing inventory is still under the 6-month supply that is needed for a normal housing market.

Perhaps the time has come for you and your family to move on and start living the life you desire.

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A recent article from a reputable news source was titled: Here's why some homeowners still can't sell. In the opening bullets of the article, the author claimed, “Negative equity is one of the main reasons why there are so few homes for sale.” The article then goes on to soften that stance but we want to bring better clarity to the equity situation.

A recent report from CoreLogic (which was quoted in the article) revealed that over 80% of all homes now have “significant equity,” which means the home has over 20% equity. That level of equity allows the homeowner to sell their home if they so desire. (There was no reference to significant equity in the article.)

If eight out of ten homeowners now have significant equity in their homes, it is hard

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Some Highlights:The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report.

First-time homebuyers made up 31% of all sales in August.

Homes are selling quickly with 51% of homes on the market for less than a month.

A limited supply continues to drive up prices for the 66th consecutive month.

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#JustClosed - Only on the market 1 week!

Congrats to my buyers for the sale of their new home at: 

118 Secretariat Court, Tinton Falls

Please contact Anthony if you are interested in finding a home to call your own, too!

908-565-0457 or Anthony@JerseyShore102.com

Backing to woods, this 2 bedroom, 2.5 bath townhouse is located in desirable Society Hill. The main level features a cherry kitchen with granite counters, tumbled marble backsplash, and stainless steel appliances. The powder room has been beautifully updated and there are hardwood floors throughout that level. Upstairs boasts two master bedrooms with designer marble baths, ample closets and newer carpeting. Society Hill features a community pool, tennis courts, club house and

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Here are five reasons listing your home for sale this fall makes sense.

1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now Housing inventory is still under the 6-month supply that is needed for a normal housing market.

This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market.

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