- Low, low interest rates!
- Less snow than last year
- Gas prices under $2.00 a gallon
- Ample supply of well priced homes.
- Good buyer traffic at Open Houses (indicating buyer confidence is up)
- FHA just lowered MIP (Mortgage Insurance Premium)by a 1/2% effective 1/26/15
- Fannie Mae & Freddie Mac backed mortgages have a 3% down payment for 1st time buyers
- Homeownership is now cheaper than renting a home!
NJHOMES4U NJ homes for sale. My views as a Realtor Emeritus with 51 plus years of selling NJ homes C:609-220-9905
Selling or buying your home at the Right Price
Fair Market Value is always the Right Price
Showing posts with label South Jersey. Show all posts
Showing posts with label South Jersey. Show all posts
Wednesday, January 14, 2015
More good news for real estate in 2015!
Nothing but good news for buying or selling a home in southern NJ.
Wednesday, July 25, 2012
Why Homeownership is a GREAT thing!
#1: Appreciation
#2: Ability to mortgage for a long term yet still hold the title/deed and ability to payoff mortgage and build equity with each payment.
#3: Abilty to improve of fix-up and ADD value.
And you can do all of this while still having a place to live and enjoy!
Try doing that with any other investment!
#2: Ability to mortgage for a long term yet still hold the title/deed and ability to payoff mortgage and build equity with each payment.
#3: Abilty to improve of fix-up and ADD value.
And you can do all of this while still having a place to live and enjoy!
Try doing that with any other investment!
Wednesday, June 6, 2012
Today's Real Estate Market in South Jersey
A friend said to me"They meaning you Realtors say prices are going up but what is the real story because there are conflicting reports?"
Well here are the facts: The average price in south Jersey according to TREND MLS is higher than last year. But here is why: much of the really low priced inventory, homes below $100,000 have already sold and homes priced higher than $500,000 have started to sell and those 2 factors have raised the average sales price.
The number of home sales are are higher than last year but there still is a lot of inventory ( homes currently on the market) and a lot of Short Sales that still have to sell before we will see prices rise.
Well here are the facts: The average price in south Jersey according to TREND MLS is higher than last year. But here is why: much of the really low priced inventory, homes below $100,000 have already sold and homes priced higher than $500,000 have started to sell and those 2 factors have raised the average sales price.
The number of home sales are are higher than last year but there still is a lot of inventory ( homes currently on the market) and a lot of Short Sales that still have to sell before we will see prices rise.
Sunday, June 3, 2012
New Listing Short Sale
http://youtu.be/ECqQ_503LRQ 1206 Clement Circle Gloucester Twp Somerdale PO NJ 08083 MLS# 6063033
Great home with lots of room, 4 bedrooms 2 full baths, in-law suite located on a quiet no thru street.
TimberBirch subdivision. $185,000 Short Sale
Great home with lots of room, 4 bedrooms 2 full baths, in-law suite located on a quiet no thru street.
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