Right now is a really great time to be buying a home in Northern New Jersey Man, do I hate saying that. As I’ve explained before, I hate the phrase “great time to buy,” for a couple of reasons. First, people have different needs, and a market that’s great for one person might be terrible for another person. Second, while markets tend to move together, we do see … [Read more...]
Homes in Northern New Jersey Are Cheaper Than They’ve Been in a Generation!
Right now is a really great time to be buying a home in Northern New Jersey Man, do I hate saying that. As I've explained before, I hate the phrase "great time to buy," for a couple of reasons. First, people have different needs, and a market that's great for one person might be terrible for another person. Second, while markets tend to move together, we do see … [Read more...]
Are Home Prices in the Manhattan Suburbs Due? — The Big City Exodus Theory
Are home prices in the New York City suburbs on the rise? We're not seeing it in the data just yet. Even with home sales up pretty robustly for the past five years, home prices in the Manhattan suburbs have been relatively flat since their financial crisis correction back in 2008-2010. At some point, you have to think that increasing demand with a flat supply is going to … [Read more...]
Homes in Northern New Jersey are More Affordable Right Now Than in a Generation
I have always hated it when real estate professionals say “it’s a great time to buy.” It always seems so self-serving, and I know it immediately causes suspicion. So I’m not going to SAY that it’s a great time to buy a home right now. I’m just going to show you. Specifically, I’m going to show you that the monthly payment you need to make to buy an averaged priced home … [Read more...]
Top Real-Estate Myths
Whether you’re a homeowner looking to sell your home, or a new buyer looking for that place to call home, odds are you have come in contact with your share of real-estate myths. In fact, you may have wished there was a “Myth Busters” type of show that dealt with real estate, to help you separate fact from fiction. While we’re waiting for a show like that to be created, we want … [Read more...]