Each year, most homeowners wait until the spring to sell their houses because they believe that they can get a better deal during the normal spring buyer’s market. However, recently released data suggests that a seller’s best deal may be available right now. The concept of ‘supply & demand’ reveals that the best price for […]
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Hoboken Condo Sales August 2017
America Needs Your House!!!
The biggest challenge in today’s real estate market is a lack of housing inventory. How big of a challenge is the housing shortage? Here are what four industry economists are saying on the issue (emphases added): Mark Fleming, First American’s Chief Economist “The underlying fundamental issue is an overwhelming lack of supply… The supply of newly constructed homes […]
How Long Do Most Families Stay in Their Home?
The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving. As the graph below shows, for over twenty years (1985-2008), the median tenure […]
Hoboken Condo Sales July 2017
Hoboken Condo Sales 2017 Second Quarter
Hudson County Upcoming July Events!
Hoboken & Jersey City Independence Day Festivities Click Here for the Full List of Events and Locations! Hoboken Movies Under the Stars Wednesday Evenings July – August Pier A Park Click Here for the Full Schedule! Hoboken Concerts in the Park Thursday Evenings July – August The Amphitheater at Sinatra Park Click Here for the […]
Do You Know How Much Equity You Have in Your Home?
CoreLogic’s latest Equity Report revealed that 91,000 properties regained equity in the first quarter of 2017. This is great news for the country, as 48.2 million of all mortgaged properties are now in a positive equity situation. Price Appreciation = Good News for Homeowners Frank Nothaft, CoreLogic’s Chief Economist, explains: “One million borrowers achieved positive equity over the […]