INDUSTRY NEWS
Some recent positive signs for home buyers and sellers: Home equity rose by $12,500 for the average homeowner over the last four quarters, according to CoreLogic. Existing-home sales rose in November for the third consecutive month, according to the National Association of Realtors. Sales of new single-family houses rose 5.2 percent in November, according to […]
FHA Reduces Premium
This week, U.S. Housing and Urban Development Secretary Julian Castro announced that the Federal Housing Administration (FHA) will reduce the annual premiums most borrowers pay from 0.85 to 0.60 percent. This cut will be effective for most new mortgages with a closing/disbursement date on or after January 27, 2017, and will result in an average […]
$10 Radon Testing Kits Available in Basking Ridge
Bernards Township is offering radon kits to residents for only $10. Not a bad idea to do this if you do not currently have an active radon system in place. Radon is very common in Somerset County. More info can be found on my Basking Ridge Real Estate blog. Considering a move? I’d love […]
It All Starts with a List – home buying made simple
Finding the perfect home can sometimes feel like finding a needle in a haystack. The best way to start is by making a list. That’s right, a simple list. Start with the things you want, like how many bedrooms, baths, garages, and other amenities. Next, list places of work and other locations that you must […]