Real Estate: Private Property Ownership Yea!

Today is Veteran's Day. Our Founding Fathers formed this country on the principle of the right of private property ownership (real estate) instead of the monarchal feudal system in Europe. So today let's give thanks to the Founding Fathers and ALL the veterans who have defended that right

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!

Home for sale in Haddon Twp NJ

$150,000
2 bedrooms plus an unfinished 3rd bedroom on 2nd floor, double lot, garage, fenced rear yard, hardwood floors, newer kitchen, maintenance free exterior, gas heat. What's not to love?

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.

Real Estate Update

What the "6 o'clock" news should be telling you.
There are more homes that have sold this year than last year!
Interest rates are at historic all time lows!
Home prices are now affordable!
The cost to rent exceeds the cost of buying a home!
And finally there has never been a better time to buy a home!
In the future, buyers will be saying "I could have bought a home at $-------- (fill in the price) and at -% (fill in the rate) interest rate" and the market will then be filled with "I could'a, I should'a, why didn't I? regrets"
NOW IS THE TIME TO BUY!