Guest Post by: Joaquin Miranda from Homelight The real estate market has gone from one extreme to the next. A few years ago, strong seller’s markets across the nation sent everyone into a buying frenzy. This buying frenzy was so intense that the Fed had to incorporate high interest rates to slow it down. From […]
As a homeowner, knowing the value of your home will help prepare you to buy, sell, or refinance your home. It can also provide a picture of your overall financial health. The factors that determine the value of your home are as diverse and individualized as the homes themselves. In addition, those same factors may […]
📈Let’s compare how the real estate market performed in May 2023 compared to May 2022 in Monmouth and Ocean counties. 📉Record low levels of inventory continue to make Monmouth and Ocean County’s a seller’s market. Despite the fact that interest rates are hovering close to 7% (close to 2% higher than this time last year), […]
By: REBAC Staff Electricity is so readily available that it’s easy to take for granted. That is until you lose power. Brief outages are minor inconveniences, but longer power interruptions can trigger pressing concerns like “How will we stay warm?” or “How can I prevent our frozen and refrigerated food from spoiling?” Even though the […]
Image: Pexels Mastering Technology for Rental Property Owners Guest Post by: Jim McKinley As a rental property owner, you want to make sure your business is profitable and running smoothly. To do this, you must stay up-to-date on the latest technologies that can help you increase profits and manage your property more efficiently. In this […]
📈Let’s compare how the real estate market performed in April 2023 compared to April 2022 in Monmouth and Ocean counties. 📉April saw a larger decline in the number of home sold from April 2022. In Monmouth County, single family home prices were up 13% (!) from last year’s figures, while condos went up just over […]
Via: The Lighter Side of Real Estate Unless you’re a real estate agent, you’ll probably only attend a home inspection a handful of times in your life, so you might be taken by surprise by a few things! While your inspector and agent will most likely explain any of these things to you, knowing about […]
📈Let’s compare how the real estate market performed in March 2023 compared to March 2022 in Monmouth and Ocean counties. 📉Less homes were sold and average days on market for homes were longer but stayed about the same for the condo category. Single family home sales prices (average) saw a slight decline in Monmouth County […]
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% […]