Busting the Myth About a Housing Affordability Crisis
It seems you can’t find a headline with the term “housing affordability” without the word “crisis” attached to it. That’s because some only consider the fact that residential real estate prices have continued to appreciate. However, we must realize it’s not just the price of a home that matters, but the price relative to a […]
18 Hartley Lane, Basking Ridge
COMING SOON! Four bedrooms, including one on the first floor. Four full baths (also one on the first floor) and a finished walkout basement. First public open house on Sunday, 4/28 from 1:00-4:00.
3 Questions You Need To Ask Before Buying A Home
If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. Ask yourself the following three questions to help […]
Are You Ready To Buy A House?
What Credit Score Do You Need To Buy A House? There are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. The reality is they are misinformed! Only 25% of the Americans have a […]
Did You Know? You Do NOT Need 20% Down to Buy a House
One More Time… You Do Not Need 20% Down to Buy a Home The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have leftover for savings each month after paying expenses. […]
Why Rent?
I found the following statistics in an article published by Keeping Current Matters, where they quoted a recent article from Apartment List: “Our national rent index is up 0.1 percent month-over-month, marking the sixth straight month of increasing rents. Year-over-year growth now stands at 1.2 percent.” “Rents increased month-over-month in 62 of the nation’s 100 largest […]
Millennials in Basking Ridge are Skipping Starter Homes for Their Dream Homes
When my husband and I bought our house in Basking Ridge, we were newly married with a baby on the way. We were not millennials – he was born at the very end of the baby boomer phase and I am seven years younger than that. But, our Realtor at the time (who, by the […]
63 Countryside Drive in Basking Ridge – two bedrooms, two and a half baths, garage and basement. A quiet development close to public transit, highways, schools and recreation in town. The doors and windows have been replaced and the kitchen has been done. Plenty of storage and lots of room to relax. Call today for […]
Should You Buy a Starter Home?
One of the most common considerations among first-time homebuyers is whether they should buy a starter home that will meet their needs for at least five years or move into a home that will suit their needs both now and in the future. In some cases, budget will dictate the decision, but other first-time buyers […]
This week’s MORTGAGE commentary
Rates are still hanging around the low 4’s for both Conventional and FHA. With the Fed’s meeting again next month and the recent news coming out of the White House we are expecting to see rates start to move upward in the coming weeks. My trusted mortgage partner: Lisa Ciasulli with Weichert Financial Services is […]