Mortgage Rates Fall Again

Freddy Mac reported that mortgage rates fell to the lowest level in three months. What is unusual is that December proved to be a very strong month for sales and increases in the median home price, especially in New Jersey. The average 30-year fixed-rate hit 3.6% for...

PROFITS – ROI Increases

One of the residual benefits of remaining in a home longer is the appreciation of the property. This is especially true in a strong market. Year-over-year, the average prices for homes nationwide have climbed significantly. The true benefit of the growth of homeowner...

Millennials Going Small

Getting into the market, specifically the real estate market, requires crossing a number of thresholds financial thresholds. For lenders, credit scores still play a big part of the process. Lenders differ, but most require a 620 score, with 580 representing the floor...

NJ Morris & Middlesex Sales

Middlesex County inventory fell to just 2.8 months supply while closed sales in Morris County surged by nearly 20%. Morris County Single Family Homes for December Key Metrics 2018 2019 Change New Listings  269  264   –1.6% Closed Sales 356  426  + 19.7% DOM*         ...