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3 Ways You’ll Win When You Buy a Home This Year

ByKetan
February 15, 2021
Buyer, First Time Home Buyers, Interest Rates

There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home of your own can give you a greater sense of security and

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Housing Inventory

What Record-Low Housing Inventory Means for You

ByKetan
January 28, 2021
Buyers & Sellers, Housing Market Updates, Interest Rates

The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for sale today. Last week,

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Buying Homes

4 Reasons People Are Buying Homes in 2021

ByKetan
January 12, 2021
Buyer, First Time Home Buyers, Interest Rates, Move-Up Buyers

According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what “home” means and what

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What Does 2021 Have in Store for Home Values?

ByKetan
January 11, 2021
Buyers & Sellers, Interest Rates, Move-Up Buyers, Pricing

According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained: “Home

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The Importance of Home Equity in Building Wealth

ByKetan
January 6, 2021
Buyer, Buying Myths, First Time Home Buyers, Interest Rates

Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue for building wealth over time. This ‘wealth’

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The Difference a Year Makes for Homeownership

ByKetan
December 22, 2020
Buyer, First Time Home Buyers, Housing Market Updates, Interest Rates, Rent vs. Buy

Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them. 1. Move-up or

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The Do’s and Don’ts after Applying for a Mortgage

ByKetan
December 21, 2020
Buyer, Buying Myths, First Time Home Buyers, Interest Rates, Move-Up Buyers

Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close. You’re undoubtedly excited about the opportunity to decorate your new place, but before you make any large purchases, move your money around,

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3 Reasons to Be Optimistic about Real Estate in 2021

ByKetan
December 16, 2020
Buyers & Sellers, Housing Market Updates, Interest Rates

This year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters, just to name a few. The challenges brought on by the

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The Holidays Aren’t Stopping Homebuyers This Year

ByKetan
December 15, 2020
Buyers & Sellers, Housing Market Updates, Interest Rates

Black Friday and Cyber Monday are behind us, yet finding the perfect holiday gifts for friends and family is certainly still top of mind for many right now. This year, there’s another type of buyer that’s very active this holiday season – the homebuyer. Each month, ShowingTime releases their Showing

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With Home Values Surging, Is it Still Affordable to Buy Right Now?

ByKetan
December 2, 2020
Buyers & Sellers, Housing Market Updates, Interest Rates, Pricing

Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained: “Although the headwind of severe supply constraints in most markets has

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142 E. Front St 2-A,
Plainfield, NJ 07060.
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