You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years. But there is hope on the horizon. Rates have actually started to come down. And, recently they hit the lowest point we’ve seen in 2024, according to Freddie Mac (see graph below): And if you’re thinking about buying a home, that may...

While the number of homes for sale varies by local area, nationally we’re up over 36% year-over-year, but still down almost 29% compared to what’s normal. Here’s what that means when you buy: more options for your search, more negotiation power for you, it’s more likely sellers will make select repairs, and more moderate price growth. If you want to talk more about what rising inventory means...

Have you ever heard the phrase: don’t believe everything you hear? That’s especially true if you’re thinking about buying or selling a home in today’s housing market. There’s a lot of misinformation out there. And right now, making sure you have someone you can go to for trustworthy information is extra important. If you partner with a real estate agent, they can clear up some...

In today's housing market, many sellers are making a critical mistake: overpricing their houses. This common error can lead to a home sitting on the market for a long time without any offers. And when that happens, the homeowner may have to drop their asking price to try to re-ignite buyer interest. Data from Realtor.com shows the number of homeowners realizing this mistake and...

The Burlington County real estate market in New Jersey delivered solid performance during July 2024, with notable gains across several key metrics. Areas like Mount Laurel, Evesham Township, and Moorestown Township contributed to a month that showed encouraging signs for both buyers and sellers throughout the region. View Full Burlington County Market Report (PDF) What July Meant for Buyers in...

The Cumberland County real estate market in New Jersey showed notable strength during July 2024, with significant gains in both sales activity and home values. Communities like Vineland, Millville, and Bridgeton contributed to a month that demonstrated the area's growing appeal among homebuyers seeking affordability and value in South Jersey. View Full Cumberland County Market Report (PDF) What July...