Can a Shipping Container Home Be Stylish? Check This One Out!
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 homes. Show all posts
Showing posts with label homes. Show all posts
Wednesday, January 23, 2019
Wednesday, November 11, 2015
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
Friday, January 2, 2015
Happy New Year 2015!
There are so many predictions about the housing real estate market for 2015. How many of last year's expert predictions were right?
2014 Prediction #1: Housing prices will rise to double digits!
Fact: In southern NJ prices basically only rose slightly not double digits
2014 Prediction #2: Foreclosures would slow down!
Fact: On 12/30/2014 the Courier Post, South Jersey's leading newspaper posted 14+ pages of Sheriff Sales of homes in Camden County, hardly a slow down!
2014 Prediction #3: Affordability would decline!
Fact: Gas prices are significantly lower. Interest rates declined, banks are easing credit requirements and on 12/10/14, three (3%) down payments became available on conventional Fannie Mae & Freddie Mac backed loans. All of which make homebuying more affordable and homeownership easier to obtain.
2014 Prediction #4: Interest rates would climb by the end of 2014!
Fact: Janet Yellin, Federal Reserve chairman announced that "the Fed" would hold interest rates down for a while thru the beginning of 2015. Mortgage interest rates actually went down in 2014!
Here are my 2015 Predictions:
Spring will be followed by Summer, Summer will be followed by Fall, Fall will be followed by Winter.
Sellers will still be selling homes
Buyers will still be buying homes
Life will go on.
2014 Prediction #1: Housing prices will rise to double digits!
Fact: In southern NJ prices basically only rose slightly not double digits
2014 Prediction #2: Foreclosures would slow down!
Fact: On 12/30/2014 the Courier Post, South Jersey's leading newspaper posted 14+ pages of Sheriff Sales of homes in Camden County, hardly a slow down!
2014 Prediction #3: Affordability would decline!
Fact: Gas prices are significantly lower. Interest rates declined, banks are easing credit requirements and on 12/10/14, three (3%) down payments became available on conventional Fannie Mae & Freddie Mac backed loans. All of which make homebuying more affordable and homeownership easier to obtain.
2014 Prediction #4: Interest rates would climb by the end of 2014!
Fact: Janet Yellin, Federal Reserve chairman announced that "the Fed" would hold interest rates down for a while thru the beginning of 2015. Mortgage interest rates actually went down in 2014!
Here are my 2015 Predictions:
Spring will be followed by Summer, Summer will be followed by Fall, Fall will be followed by Winter.
Sellers will still be selling homes
Buyers will still be buying homes
Life will go on.
Subscribe to:
Posts
(
Atom
)