Whether it’s a second home or a permanent move, having a place at the Jersey Shore certainly has its pluses — but beach access at your doorstep (or just a few minutes away) comes at a price. Within the Shore region, what $400K can land you varies wildly: It could mean a 4,624-square-foot Atlantic City home on an inlet or …
Tag: News
Feb 21
It’s a great time to be a home buyer
It’s a great time to be a home buyer A strong economy, low unemployment, low mortgage rates, and alluring mortgage rates are making it a great time to buy a home, according to a newly released report from LendingTree, an online financial services marketplace. The amount of income that buyers spent on their mortgage payments …
Feb 20
Micro Investing
Micro Investing Real estate investing may still feel out of reach to many consumers, but a new trend growing from startups is fostering “micro-investing” to help a new wave of investors jump in—sometimes for as little as $5. “The best portfolios are diversified, and real estate performs very uniquely, in a way that is uncorrelated …
Feb 19
Still renting? Your Monthly rent could fund your dream home.
Still renting? Your Monthly rent could fund your dream home. The leap from renter to owner is closer than you think. Many renters are discovering that they can qualify to buy a home fo their own. Now might be the time to turn that monthly rental check into your first home while interest rates are …
Feb 18
Mortgage Rates Continue to Drop
Mortgage Rates Continue to Drop The 30-year fixed-rate mortgage averaged 3.47% this week, remaining an alluring incentive for buyers who want to lock in some of the lowest borrowing rates in years. “With mortgage rates hovering near a five-decade low, refinance application activity is once again surging, rising to the highest level in seven …
Feb 17
Couples Putting the House Before the Ring
Couples Putting the House Before the Ring Is the declining number of marriages contributing to fewer first-time home buyers? In the 1980s, the number of married couples in the ranks of first-time buyers peaked at 75%. Flash forward to today, when only 53% of first-time buyers are married couples, according to data from the National …
Feb 14
Brighten Up Your Listing Photos
Brighten Up Your Listing Photos Don’t let your listing’s photos suffer from the winter blues. House hunters are still looking for properties in the cold months of the year, so curb appeal matters—even if the home is buried under a foot of snow. Realtor.com® recently spoke to real estate pros and photographers to uncover a …
Feb 13
Saving Enough for Retirement?
Saving Enough for Retirement? Most Americans gives themselves a grade of C or lower when it comes to saving for retirement, according to a new study from TD Ameritrade. The number of Americans who give themselves an A is equal to those who give themselves an F at 12%, the study also found. Real estate …
Feb 12
What you Need to Know about Closing Costs
What you Need to Know about Closing Costs What are closing costs? Closing costs are the fees associated with your mortgage loan application and real estate transaction. They can be incurred by either the buyer, seller or both and are paid at closing. Se the photo for more info on closing costs. What are closing …
Feb 11
Housing Inventory Falls
Housing Inventory Falls Housing shortages abound in markets across the country and that could set home shoppers up for a challenging spring. The nation’s housing supply saw the steepest year-over-year decrease in January in more than four years, dropping 13.6% annually, realtor.com® reports. The supply for homes for sale is now at its lowest level …
Feb 10
Gas Stoves Are Coming Under Fire In Housing Markets
Gas Stoves Are Coming Under Fire In Housing Markets The gas stove is increasingly coming under attack by some cities who are seeking more ways to fight climate change. A rising number of municipalities want to eliminate natural gas lines from homes and move solely to electricity. That would include swapping out popular appliances that run …
Feb 07
Co-Living Trend on the upswing
Co-Living Trend on the upswing Co-living is breaking out from being a niche real estate fad and becoming more mainstream, CNBC reports. The practice is serving as a way to get young adults out of their parents’ house and branch out on their own. “Many of us thought that during the recovery, as the job market …
