Your home may be your castle, but you need to know when to pull up the drawbridge and seek new surroundings. Many people follow a familiar pattern when it comes to real estate – they scrimp and save to buy a starter home and then move on to larger and larger properties as they […]
From Core Logic Introduction The CoreLogic Home Price Insights report features an interactive view of our Home Price Index product with analysis through August 2021 with forecasts from August 2022. CoreLogic HPI™ is designed to provide an early indication of home price trends. The indexes are fully revised with each release and employ techniques to […]
As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms like cooling or slowing when talking about where the market is headed. But what do these terms mean? The housing market today is anything but normal, and it’s still […]
The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space 69% of respondents want a home office (48% wanted multiple offices) 46% of respondents want […]
Written by: Bryan Anthony with Houzz Adding features that make doing laundry and other tasks easier for your clients is a great way to enhance their satisfaction with a new or remodeled laundry room. We asked established designers and remodelers to share which laundry room features they love and how they use them to elevate […]
Let’s compare how the real estate market in Monmouth and Ocean counties performed in September compared to last year. In repeating with many previous months, we are still continuing to see an increase in home prices, low inventory and faster selling times. Check out the infographics I created based on the information supplied by the […]
There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than it was in 2005? What about 1995? What happens […]
There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand is still strong even while housing supply is slowly returning. […]
There’s no denying we’re in a sellers’ market. With low inventory and high buyer demand, homes today are selling above the asking price at a record rate. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR): Homes typically sell within 17 days (compared to 26 days one year ago). The average home sold has five offers to pick […]
If you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great opportunity to get more home for your money. The challenge is inventory. Like you, many buyers want to capitalize on these market conditions, and it’s leading to more buyer competition and bidding […]
Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates how homeowners increase their equity and their wealth simply by making […]
