SOURCE: KEEPING CURRENT MATTERS
Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR), says: “As we see the transition […]
By Alex Craig with the National Association of Realtors ertain property types—like inherited property—require more specialized knowledge. It’s essential to understand some of the nuances that comes with selling an inherited property in order to serve the client and the transaction well. Though there are many layers, some high-level knowledge is helpful. Perhaps this is […]
Written by Saltanat Berdikeeva | Edited by Hannah Hillson Key points 87% of U.S. homeowners have noticed an increase in household expenses over the summer. 89% of homeowners worry about being able to meet their monthly household expenses. 69% of homeowners have noticed higher electricity prices than they’re accustomed to during the summer. To cut costs, 78% […]
Written By: Taylor Freitas of Yahoo Finance With inflation high and the cost of living on the rise, more people are considering how to save money on housing expenses. For some, that means moving in with parents, family members or roommates. For others, it might mean buying a house with a significant other before marriage. In addition to […]
The first thing you need to know about a home inspection: You’ll feel all the feels. There’s the excitement — the inspection could be the longest time you’re in the house, after the showing. Right behind that comes … anxiety. What if the inspector finds something wrong? So wrong you can’t buy the house? Then there’s […]
By:By Kimberly Dawn Neumann from Realtor.com One of the reasons many homebuyers are drawn to buying a brand-new home is that they often get to choose many of the home’s features to suit their tastes. With a resale home, you pretty much get the place as is. But with new construction, you can call the shots […]
📈Let’s compare how the real estate market in Monmouth and Ocean counties performed in January compared to last year. 📉Prices of single family homes in both Monmouth and Ocean Counties are higher, while prices of condos in both counties were down slightly from last year. Inventory rose in Monmouth County (homes and condos). In Ocean […]
By: Melissa Dittmann Tracey via NAR Magazine/National Assocation of Realtors Could that fixer-upper be a health nightmare? It’s a question worth asking after Christina Hall, host of HGTV’s “Flip or Flop,” went public in December about being diagnosed with mercury and lead poisoning. She blames her symptoms—skin rashes, joint pain and swollen lymph nodes, among others—on […]
Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains: “. . . some of the more prominent pandemic trends have changed, so sellers might wish to adjust accordingly […]
Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans. Today, the rate […]
If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward. In the past year, both current […]
While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home loan. Don’t Deposit Large Sums of Cash Lenders need to source your money, and […]
