Buying Myths

credit score south jersey homebuyers - infographic 1

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...

South Jersey home affordability interest rates - infographic 1

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...

new construction South Jersey overbuilding - infographic 1

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...

Is It Easier To Find a Home To Buy Now?

Is It Easier To Find a Home To Buy Now?

One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale. But that’s starting to change. The graph below uses the latest data from Realtor.com to show there are more homes on the market in 2024 than there have been in any of the past several years (2021-2023): Does That Mean Finding a Home Is Easier? The answer is...

Single Women Are Embracing Homeownership

Single Women Are Embracing Homeownership

In today's housing market, more and more single women are becoming homeowners. According to data from the National Association of Realtors (NAR), 19% of all homebuyers are single women, while only 10% are single men. If you're a single woman trying to buy your first home, this should be encouraging. It means other people are making their dreams a reality – so you can too. Why...

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