by Anthony | Nov 18, 2022 | Uncategorized
In general, it has been believed to be prudent to budget 30% of of gross monthly income for rent. But considering the ferocious inflation, the shortage of available inventory, especially for first-time buyers, and the escalation in the cost for rentals, that number...
by Anthony | Nov 17, 2022 | Uncategorized
Inflation Has Cost the Average Family Over $6K According to EJ Antoni, an economist and research fellow for regional economics in the Center for Data Analysis, the average American family is losing real income due to inflation over the last two years. “American are...
by Anthony | Nov 16, 2022 | Uncategorized
Reasons for Selling Family Issues 13.4% Need a Larger House 12.2% Other 11.8% Weather-related 11.8% Retirement 10.8% Changing Neighborhoods 9.4% Lifestyle 8.4% Downsizing 7.7% Job 7.6% Short Sale 3.0% Investment 2.3% Bankruptcy...
by Anthony | Nov 15, 2022 | Uncategorized
A plateau or a cliff? Many within the housing and real estate markets are wondering whether this market has lost its mojo and is plateauing or if it is about to go over an economic cliff. At one point there seemed to be a never-ending demand for new houses and...
by Anthony | Nov 14, 2022 | Uncategorized
One recent Tampa listing fell so severely that this house listing was reduced by $110,000 in just a few months. In New Jersey: Many other markets are seeing significant falloff from the surge in interest rates and the unaffordable prices of many homes. One such case...