Buying Myths

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Why Lingering South Jersey Homes Might Be Your Best Opportunity

Check Twice Before Skipping That South Jersey Home That's Been Sitting on the MarketWhen you spot a home that's been sitting on the market for weeks in South Jersey, your first thought is probably skeptical. You might wonder:What's wrong with it?Why hasn't someone snatched it up?Is there a hidden problem I'm not seeing?This mindset made perfect sense a few years back. But in today's Gloucester County...

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Are Investors Really Buying Up All South Jersey Homes?

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...

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The Credit Score Myth Holding Back South Jersey Homebuyers

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...

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Why Small Rate Changes Shouldn’t Stop Your South Jersey Home Purchase

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...

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New Construction in South Jersey: Are We Overbuilding? | Market Facts

New Construction in South Jersey: Are We Overbuilding? Let's Check the Facts. If you've been driving around Mount Laurel or Mullica Hill lately, you might feel like new construction signs are popping up everywhere. You're not wrong. Builders have been busy throughout South Jersey. This has left many local buyers asking: Are we overbuilding like we did before the 2008 housing crash? Despite what you might...

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