![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 […]
Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]
![Today's Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]](https://mikesellsnj.com/wp-content/uploads/2023/11/Todays-Housing-Market-Has-Only-Half-the-Usual-Inventory-KCM-Share-500x300.png)
Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC] Some Highlights There are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight. If […]
Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]
![Don't Expect a Wave of Foreclosures [INFOGRAPHIC]](https://mikesellsnj.com/wp-content/uploads/2023/11/Dont-Expect-A-Wave-Of-Foreclosures-KCM-Share-500x300.png)
Don’t Expect a Wave of Foreclosures [INFOGRAPHIC] Some Highlights With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely. Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments. Since most are paying […]
Home Prices Are Back on the Rise [INFOGRAPHIC]
![Home Prices Are Back on the Rise [INFOGRAPHIC]](https://mikesellsnj.com/wp-content/uploads/2023/11/Home-Prices-Are-Back-On-The-Rise-KCM-Share-500x300.png)
Home Prices Are Back on the Rise [INFOGRAPHIC] Some Highlights Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally. If you’ve put your plans to move on pause because you were worried about home prices crashing, this rebound is good news. Let’s connect so you know what’s happening with prices in our area.