Today’s Buyers Are Serious about Purchasing a Home
Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: “…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply planning it, they are actively…
Thinking of Selling Your House? Now May be the Right Time
Inventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), total housing inventory is down 18.8%…
![Mortgage Rates Fall Below 3% [INFOGRAPHIC]](https://centralnewjerseyrealestate.com/wp-content/uploads/2020/07/20200717-Share-571x300-1.jpg)
Mortgage Rates Fall Below 3% [INFOGRAPHIC]
Some Highlights Mortgage rates hit another all-time low, falling below 3% this week. If you’re ready to buy a home, now is a great time to truly get more for your money at this historic moment. Let’s connect today to determine your best next steps toward homeownership.
Does Your Home Have What Buyers Are Looking For?
There’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of Economic Research at realtor.com: “Sellers continue returning to the market at a cautious pace and further improvement could be…
Mortgage Rates Hit Record Lows for Three Consecutive Weeks
Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph below): What does this mean for buyers? This is huge for homebuyers. Those currently…
![Moving Now Can Give Your House Its Day in the Sun [INFOGRAPHIC]](https://centralnewjerseyrealestate.com/wp-content/uploads/2023/05/Moving-Now-Can-Give-Your-House-Its-Day-In-The-Sun-KCM-Share-540x317.png)