Categories for Buyer

The Appraisal Gap – What Buyers and Sellers Need To Know

What’s happening in today’s housing market is Economy 101 – when supply is low and demand is high, prices naturally rise. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. Recently, it’s become very common for an appraisal to come in below the ...

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The Difference in Net Worth Between Homeowners and Renters Is Widening

An important goal for most people is becoming financially secure, but some don’t realize just how much homeownership can help them achieve that goal. A recent report, The Journey Toward Financial Freedom, surveys Americans about their perspective on financial wellness and their goals. It shows there may be a significant ...

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If Housing Affordability Is About the Money, Don’t Forget This

Buying your own home has many non-financial benefits. Today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a home in today’s market, but that isn’t the case. Today’s buyers are spending ...

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What Do Experts Say About Today’s Mortgage Rates?

Today’s homebuyers are lucky with mortgage rates hovering near record lows. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison.When rates are low, you can generally afford more home for your money. That’s why experts across the industry agree – today’s low rates present ...

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More Young People Are Buying Homes

Some may believe that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked to homeownership. Those delays led to ...

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It’s Still a Lack of Supply, Not a Lack of Demand in Northern New Jersey

Do prospective buyers in Sussex and Morris Counties still think buying a home makes sense with rapidly rising home prices? Some real estate experts claim rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity. However, demand isn’t the real issue. It’s the lack ...

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Ready To Sell?

For Expert Real Estate Advice, Contact me, Nina@NinaFradl.com, 973-490-4999…and Start Packing! ...

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Are Houses Less Affordable In Northern New Jersey Than They Were in Past Decades?

Many feel that housing affordability is diminishing. And this may be correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to look at the circumstance of this trend. Is it less expensive to buy a house today than it was in ...

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Consider a Condominium in Sussex or Morris County

It seems that the hottest topic about today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condo as a solution to your home search. ...

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The Community and Economic Impacts of a Home Sale in Sussex and Morris Counties

Home purchases and sales are significant drivers of economic activity. They have a major impact on your community and the entire U.S. economy via the multiple industries and professionals that take part in the process. If you’re thinking of buying or selling a house, chances are you’re focusing on the ...

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