Housing Market News

5 Ways Tax Reform Has Impacted the 2018 Housing Market

By Nicole McCormick | May 13, 2018

5 Ways Tax Reform Has Impacted the 2018 Housing Market Starting late last year, some predicted that the 2018 tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer demand could drop like a rock. There was even sentiment that homeownership could lose its coveted […]

4 Reasons Why Today’s Housing Market is NOT 2006 All Over Again

By Nicole McCormick | May 4, 2018

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 […]

Sussex County Real Estate Market Report for April 2018

By Nicole McCormick | May 3, 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 […]

Orange County Real Estate Market Report for April 2018

By Nicole McCormick | May 3, 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 […]

Moving up Is MORE Affordable Now Than Almost Any Other Time in 40 Years

By Nicole McCormick | April 8, 2018

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 […]

The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]

By Nicole McCormick | April 8, 2018

  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!

Are You Aware of How Much Equity You Have in Your Home? You May Be Surprised!

By Nicole McCormick | April 8, 2018

 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 […]

99% of Experts Agree: Home Prices Will Increase

By Nicole McCormick | April 6, 2018

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 […]

Orange County Real Estate Market Report for March 2018

By Nicole McCormick | March 30, 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 […]

Sussex County Real Estate Market Report for March 2018

By Nicole McCormick | March 30, 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 […]

Green Team Business Review – February 2018

By Nicole McCormick | February 11, 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 […]

Whether You Rent or Buy, Either Way You’re Paying a Mortgage!

By Nicole McCormick | February 5, 2018

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 […]

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