Housing Market News

Housing Market News 4 Reasons Why Today’s Housing Market is NOT 2006 All Over Again With home prices rising again this year, some are concerned that we may be repeating the 2006 housing bubble that caused families so much pain when it collapsed. Today’s market is quite different than the bubble market of twelve years ago. There are four key metrics that explain why: Home Prices Mortgage Standards Mortgage Debt […]
Housing Market News Sussex County Real Estate Market Report for April 2018   Green Team Business Review – April 2018 There has been a lot of excitement at the Green Team lately.  Much of it was generated by the Launch Competition, which was a tremendous success this year.  You can read about this annual contest, its goals, the winners, and the prizes here.   In addition, Joyce Rogers was named […]
Housing Market News Orange County Real Estate Market Report for April 2018   Green Team Business Review – April 2018 There has been a lot of excitement at the Green Team lately.  Much of it was generated by the Launch Competition, which was a tremendous success this year.  You can read about this annual contest, its goals, the winners and the prizes here.  Then Lucyann Tinnirello was selected as the […]
Housing Market News Moving up Is MORE Affordable Now Than Almost Any Other Time in 40 Years If you are considering selling your current home, to either move up to a larger home or into a home in an area that better suits your current family needs, great news was just revealed. Last week, Trulia posted a blog, Not Your Father’s Housing Market, which examined home affordability over the last 40+ years (1975-2016). Their research revealed […]
Housing Market News The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]   Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low right now. Don’t wait until rates hit 5% to start searching for your dream home!
Housing Market News Are You Aware of How Much Equity You Have in Your Home? You May Be Surprised!  CoreLogic’s latest Equity Report revealed that 675,000 US homeowners regained positive equity in their homes in 2017. This is great news for the country, as 95.1% of all mortgaged properties are now in a positive equity situation. “U.S homeowners with mortgages (roughly 63% of all the properties) have seen their equity increase by a total of $908.4 billion […]
Housing Market News 99% of Experts Agree: Home Prices Will Increase Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyed housing experts believe that home values will continue to rise this year. What is the Home Price Expectation Survey? Each quarter, Pulsenomics surveys a nationwide panel […]
Housing Market News Orange County Real Estate Market Report for March 2018 Green Team Business Review – March 2018 February’s numbers are in, we’re nearing the end of March, and the Scoreboards show the possible contenders for the first quarter sales leader awards.  Based on actual numbers for January and February, the Warwick Scoreboard has Vikki Garby in the lead, followed by Nancy Sardo and Lucyann Tinnirello.   In […]
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Housing Market News Sussex County Real Estate Market Report for March 2018 Green Team Business Review – March 2018 February’s numbers are in, we’re nearing the end of March, and the Scoreboards show the possible contenders for the first quarter sales leader awards.  Based on actual numbers for January and February, the Warwick Scoreboard has Vikki Garby in the lead, followed by Nancy Sardo and Lucyann Tinnirello.   In […]
Buying a home Green Team Business Review – February 2018   The 2018 Scoreboard: Green Team’s Warwick office had a very good start to the year.  January was up over all previous years, a very positive sign.  The total sales volume was $5+ million for the month, over $1 million more than last year.  It’s too soon to start comparing agents’ individual numbers.  However, there […]
Housing Market News Whether You Rent or Buy, Either Way You’re Paying a Mortgage! There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business explained in their article, “12 Practical Steps […]
Housing Market News Housing Market Review January 2018 How did the real estate market finish in 2017? There are three things we should look at: #1 New home sales are at the highest level in a decade. #2 Sales of previously owned homes are at the highest level in more than a decade. #3 Starts of single-family homes are the strongest in a […]
Housing Market News Orange County, NY Real Estate Market Report for Dec 2017 Housing Market Report – Orange County, NY We are pleased to share with you a Housing Market Report from December 2017 as well as a look at the trends for the entire 2017 year. We break down the local real estate activities and provide you with  stats, graphs, and analysis of our local and regional […]
Housing Market News Sussex County Real Estate Market Report for Dec 2017 Housing Market Report – Sussex County, NJ We are pleased to share with you a Housing Market Report from December 2017 as well as a look at the trends for the entire 2017 year. We break down the local real estate activities and provide you with  stats, graphs, and analysis of our local and regional […]
Housing Market News Sussex County Real Estate – October 2017 Market Review   Green Team’s Real Estate Market Overview October’s Market Review Meeting was held a little more than a week before Thanksgiving, and a little more than a month before we ring in a new year.  It’s the perfect time to talk about goals that have been set, goals that have and have not been met, […]
Housing Market News Sussex County Real Estate – November 2017 Market Review Green Team’s Real Estate Market Overview 2017 – A Year of Growth and Success The last Real Estate Market Review Meeting of 2017 marks a year of growth and success on both company-wide and individual levels.  In both the Warwick and Vernon offices, many sales associates have met or exceeded the goals they set at […]
Housing Market News Tax Reform & Housing: A Reference Guide [widget id=”blvd-social-links-widget-2″] Disclaimer: This guide is not meant to be a resource for tax advice but instead a resource for basic information concerning only certain aspects of the new tax code and how they may impact the real estate market. You should get tax advice from your accountant or tax preparer who will explain how […]
Housing Market News Before You Make an Offer, Here Are 4 Tips for Success! So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found it! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true! Freddie Mac covered “4 […]
Housing Market News Local Real Estate Market Review – October 2017  October’s Market Review Meeting was held a little more than a week before Thanksgiving, and a little more than a month before we ring in a new year.  It’s the perfect time to talk about goals that have been set, goals that have and have not been met, and goals that have been exceeded.   The […]
Housing Market News LACK OF LISTINGS SLOWING DOWN THE HOUSING MARKET     The real estate market is moving more and more into a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2017 will be the year that the housing market races forward again. However, there is one thing that may cause […]