From HomeAdvisor.com The housing market has surged in the past year or so, and it shows no signs of slowing down. Homes are disappearing off the market faster than they have in years, and they are selling for more than before. According to a recent Realtor.com study, October 2021’s median listing price was $380,000. That’s a […]
GUEST POST: By Adam Taylor With record numbers of people working from home these days, home offices have become quite the craze. Many people are permanently working from home, meaning that they need dedicated spaces to work. That being said, it isn’t always easy to outfit a small living space with a home office. In […]
Boost Your Decluttering Motivation Do you feel in control of the clutter in your home or does your clutter have control of you? The problem with clutter is that it will taunt you, calling out demands every time you walk past it. It reminds you there is one more task yet to take care of […]
From Realtor Magazine As the weather cools across the country, frozen pipes in homes or businesses are a growing risk. Pipes can freeze, swell, and crack, leaving owners with costly flood damage. Any pipe exposed to temperatures below 20°F for several hours runs the risk of freezing. The biggest areas at risk are unheated areas, such as […]
Guest post by: Caitlin Ritchie What is the Solar Investment Tax Credit? In 2022, the solar investment tax credit, or ITC, offers a federal tax credit of 26% when you install solar panels on your property. The ITC has many names. When doing your research, you may see mentions of the federal solar tax credit, […]
Guest Post by: Joaquin Miranda with Homelight It’s certainly not easy to find a great home for a good price these days, and many people are competing for the inventory that is available. However, when you are willing to be a savvy shopper, there are ways to get what you want for less as long […]
From Lifehacker.com By: Sarah Showfety Not-so-recently built homes are often described by realtors as having “good bones,” meaning a strong structure and high level of quality and craftsmanship at their core. Of course, you can’t see beneath the paint and drywall when house-hunting, so how can you tell if the home you’ve got your eye on […]
Posted by REBAC staff 1. What is closing? Also called settlement, closing is the legal transfer of property ownership. Occasionally, sellers may ask to close the sale but retain possession and pay rent to the buyer until vacating the property at a later date. 2. Who attends closing? In most states, closings are in person, […]
Below are the 2021 market penetration reports for Monmouth and Ocean Counties. RE/MAX remains a dominant brand in the real estate industry both nationally and locally well. ———————————————————————————————————————————————————————————— Monmouth County Ocean County
Taken from an article posted on NJ 101.5 – Average NJ property tax bill near $9,300 – Check your town here Property taxes in New Jersey climbed by nearly 2% again last year, restrained by the cap but still amounting to a $583 million tax hike. The statewide tab now exceeds $31 billion. The tax […]
Let’s compare how the real estate market in Monmouth and Ocean counties performed in December compared to last year. Check out the infographics I created based on the information supplied by the Monmouth Ocean Regional Realtors (MORR). The last month of 2021 proved to continue the trend we continue to see nearly early month the […]
Guest post by: Lilly Woods Buying a house usually represents an important investment for most people, especially first-time buyers. Purchasing a property can be exciting but this means that a lot of emotions will be involved in the process. Many home buyers end up making decisions that they can later regret. There are some common […]
Are you looking to sell your house as quickly as possible and for top dollar? If so, then you should focus on increasing the value of your home in order to make it easier to find a buyer and get a higher price. Here are 20 things you can do to increase the value of […]
By: REBAC Staff 1. Why is an appraisal required? Lenders need to avoid risky mortgage investments. In addition to evaluating your finances, your lender will also want to ensure your home has a market value that matches or exceeds your purchase price. Since your home serves as collateral for your loan, lenders want to minimize […]
By Alisa Wolfson Mortgage rates will rise Right now, we’re still facing mortgage rates near historic lows—some 30-year rates are still near 3% and some 15-year rates near 2%—but pros do predict a rise. Dr. Lawrence Yun, National Association of Realtors (NAR) chief economist, forecasts the 30-year fixed mortgage rate to increase to 3.5% by the end […]