More good news for real estate in 2015!

Nothing but good news for buying or selling a home in southern NJ.

1. Low, low interest rates!
2. Less snow than last year
3. Gas prices under $2.00 a gallon
4. Ample supply of well priced homes.
5. Good buyer traffic at Open Houses (indicating buyer confidence is up)
6. FHA just lowered MIP (Mortgage Insurance Premium)by a 1/2% effective 1/26/15
7. Fannie Mae & Freddie Mac backed mortgages have a 3% down payment for 1st time buyers
8. Homeownership is now cheaper than renting a home!

Looking ahead to a great 2014!

Freddie Mac economists predict that in 2014 single-family home sales and housing starts will reach their highest levels since 2007.