First-Time Homebuyer Tip Sheet

As the current number of homes for sale stays below the traditional healthy level of a six-month supply threshold, first-time buyers need to bone-up on their home buying game plan.  Homes are staying on the market on average about 60 days currently. Knowing what, how...

The Pressure on the American Paycheck

According to a recent report from CareerBuilder, the number of full-time workers living paycheck-to-paycheck is increasing to a whopping 78% in 2017 up from 75% in 2016. This benchmark is concerning when the same study by CareerBuilder stated that 71% of all U.S....

Forbearance for Hurricane Homeowners Part 2

The effects of Hurricane Harvey in Texas and Louisiana was significant.  The industry expert, Black Knight Financial Services, predicts that the mortgage industry could see approximately 300,000 new delinquencies as a result of the storm. There could also be another...

A New Crisis Word – Forbearance

The new hot topic and ‘trigger-word’ in the coming months for the real estate and mortgage industry is the word Forbearance. The reason for the shift in the economic lexicon is due to the effects of the two historic hurricanes to hit the south: Harvey and Irma. It is...

Affordability, Inventory and DOM

As these figures prove, the inventory crisis, is no longer a crisis in the sense that we are expecting to see some relief in the not too distant future. Now, for the last nine consecutive quarters, inventory has fallen, on a national basis, and in New Jersey, has...