![How Homeowner Net Worth Grows with Time [INFOGRAPHIC]](https://mikesellsnj.com/wp-content/uploads/2023/11/How-Homeowner-Net-Worth-Grows-with-Time-KCM-Share-500x300.png)
How Homeowner Net Worth Grows with Time [INFOGRAPHIC] Some Highlights _x005F_x0001_ If you’re thinking about buying a home this year, be sure to consider the long-term financial advantages of homeownership, like home equity. _x005F_x0001_ On average, people who bought homes 32 years ago have seen their home’s value nearly triple over that time. _x005F_x0001_ If you’re wondering if buying a home is […]
Explaining Today’s Low Housing Supply [INFOGRAPHIC]
![Explaining Today?s Low Housing Supply [INFOGRAPHIC]](https://mikesellsnj.com/wp-content/uploads/2023/11/Explaining-Todays-Low-Housing-Supply-KCM-Share-500x300.png)
Explaining Today’s Low Housing Supply [INFOGRAPHIC] Some Highlights Wondering why the supply of homes for sale is limited today? There are a few factors at play. Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low. But real estate agents know exactly where to look and what to do […]
How Remote Work Helps with Your House Hunt [INFOGRAPHIC]
![How Remote Work Helps with Your House Hunt [INFOGRAPHIC]](https://mikesellsnj.com/wp-content/uploads/2023/11/How-Remote-Work-Helps-with-Your-House-Hunt-KCM-Share-500x300.png)
How Remote Work Helps with Your House Hunt [INFOGRAPHIC] Some Highlights While remote work peaked during the pandemic, many people still work from home today. If you’re one of them, it could have an unexpected benefit when you’re looking to buy a home. If you can work from home, you might have more choices for where to live. Let’s connect to talk about […]
Plenty of Buyers Are Still Active Today [INFOGRAPHIC]
![Plenty of Buyers Are Still Active Today [INFOGRAPHIC]](https://mikesellsnj.com/wp-content/uploads/2023/11/Plenty-of-Buyers-Are-Still-Active-Today-KCM-Share-500x300.png)
Plenty of Buyers Are Still Active Today [INFOGRAPHIC] Some Highlights Holding off on selling your house because you believe there aren’t any buyers out there? Data shows buyers are still active, even with higher mortgage rates. This goes to show, people still want to buy homes, and those who can are moving now. Don’t delay your plan to sell for fear no one is buying. […]
Home Price Forecasts Revised for 2023 [INFOGRAPHIC]
![Home Price Forecasts Revised for 2023 [INFOGRAPHIC]](https://mikesellsnj.com/wp-content/uploads/2023/11/Home-Price-Forecasts-Revised-for-2023-KCM-Share-500x300.png)
Home Price Forecasts Revised for 2023 [INFOGRAPHIC] Some Highlights Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low. While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease. Let’s connect so you know what’s happening with home values in our local area. Sources […]
Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]
![Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]](https://mikesellsnj.com/wp-content/uploads/2023/11/20230901-Homeowners-Have-a-Lot-of-Equity-Right-Now-KCM-Share-500x300.png)
Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC] Some Highlights Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost. Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for […]