Affordability

Would You Let $80 a Month Hold You Back from Buying a South Jersey Home? Many buyers in across South Jersey are stuck in "wait and see" mode right now. They watch rates hover above 6% and think, "I'll buy once they hit the 5s." After all, who doesn't want a better rate? But here's the reality: that magical 5.99% number might not save you as much as you think. Affordability remains tough in our market. No...

  If you've served in the military (or your spouse has), you have access to a powerful homebuying tool. The ability to buy a home without needing a down payment. Unfortunately, 70% of Veterans don't know about this benefit, according to Veterans United. That's a huge missed opportunity for those who've earned this benefit. Many Veterans in Pitman, Medford, and throughout South Jersey could benefit...

Discover the true factors driving South Jersey home prices in Gloucester and Camden Counties. Hint: It's not investors. Get the facts on our local hou

If you paused your plans to move because of high rates or prices, it may finally be time to take a second look at your numbers. Affordability is improving in 39 of the top 50 markets, according to First American. And that’s the 5th straight month where buying a home has started to get a little bit easier. Let’s break this down into real dollars, so you can see...

There’s a trend taking hold in real estate right now: more buyers are choosing newly built homes. And it’s not just about getting the latest technology or modern floorplans. It’s because they may be able to get a better deal. Builders are offering serious incentives today, and people are jumping on them. In fact, new home sales just hit their highest level in over two...

You want mortgage rates to fall – and they've started to. But is it going to last? And how low will they go? Experts say there’s room for rates to come down even more over the next year. And one of the leading indicators to watch is the 10-year treasury yield. Here's why. The Link Between Mortgage Rates and the 10-Year Treasury Yield For over 50 years, the 30-year fixed mortgage...