Mortgage Rates Hit a 3-Year Low. Why This Matters for South Jersey Homebuyers. Are you one of the many South Jersey buyers waiting for mortgage rates to drop? Good news - it's happening now. Rates have crossed an important milestone. They recently dipped into the 5s for the first time in about 3 years. This marks a critical threshold for our local market. Rates currently sit in the low 6% range. Most...
Why Rising Foreclosure Headlines Aren't a Red Flag for South Jersey's Housing Market Have you seen headlines claiming foreclosure activity has climbed for 10 straight months? It's easy to get concerned about what this means for our local market. But looking at the complete picture reveals some simple truths about South Jersey real estate: Current foreclosure numbers align with normal market patterns High...
Are Big Investors Really Buying Up All the South Jersey Homes? Here's the Truth. It's almost impossible to scroll online these days without seeing some version of this claim: "Big investors are buying up all the homes." If you're a homebuyer who's lost out on a few offers in West Deptford or Audubon, this might sound believable. When homes cost more and competition gets fierce, it's easy to blame corporate...
The Credit Score Myth That's Stopping South Jersey Homebuyers Many would-be homebuyers in South Jersey aren't sitting on the sidelines because they don't want to buy. They're waiting because they think they can't qualify. Often, their credit score concerns hold them back. A recent Bankrate survey revealed that 42% of Americans believe you need excellent credit to qualify for a mortgage. This belief shows...
Expert Forecasts Point to Affordability Improving in 2026 for South Jersey Homebuyers Wondering what to expect from the South Jersey housing market in 2026? You're not alone. For the past few years, affordability has been the biggest hurdle for most buyers and sellers. Many families in Medford, Audubon, and across our region have been waiting for better market conditions. The good news? Things are finally...
Why Mortgage Pre-Approval Should Be Your First Step in South Jersey Home Buying Finding that perfect South Jersey home is exciting. Getting pre-approved for your mortgage first makes it possible. Local buyers in towns like Sewell and Marlton who start with pre-approval gain a real advantage. Whether you're planning to buy soon or just exploring options, pre-approval should top your list. Here's why it...
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