Blog

New Construction: Hear Those Hammers in the Background?

by Jean Pederson in Blog.

If you are planning on selling your home over the next two years, now may be the time to act. Demand is high, supply is low and many homeowners are benefiting from an almost auction atmosphere with several buyers fighting for their house in the current multi-bid environment. Higher prices and less stringent contingencies are…

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More Home Buyers Putting Less Down

by Jean Pederson in Blog.

A recent post by the National Association of Realtors (NAR) revealed that in the months of December 2014 through February 2015, there was an increase in the number of first-time buyers making a down payment of 6% or less as compared to last year: 2014: 61% of first time home buyers 2015: 66% of first…

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Buying a Home is 35% Less Expensive than Renting!

by Jean Pederson in Blog.

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in the United States. The updated numbers actually show that the range is from an average of 16% in Honolulu (HI), all the way to 55%…

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Attaining the American Dream: The 5 Financial Reasons to Buy

by Jean Pederson in Blog.

We have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own differ for each buyer, with many basic similarities. Eric Belsky, the Managing Director of the Joint Center of Housing Studies at Harvard University expanded on the top 5 financial benefits of homeownership his paper –…

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Homeownership Still a Great Investment

by Jean Pederson in Blog.

Four recent news articles confirmed that most Americans still see real estate as a great long term investment. The Gallup organization polled the American people and discovered that they believe that real estate is a better long term investment than stocks/mutual funds, gold, savings or bonds: A second survey was done by Edelman Berland which…

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Homeowners: We Need to Sell Your House Twice

by Jean Pederson in Blog.

Every house on the market has to be sold twice; once to a prospective buyer and then to the bank (through the bank’s appraisal). In a housing market where supply is very low and demand is very high, home values increase rapidly. One major challenge in such a market is that bank appraisal. If prices…

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Reasons To Move-Up This Spring

by Jean Pederson in Blog.

Spring is in full force; the summer months are right around the corner. If you are debating moving up to your dream home, here are four great reasons to consider buying today instead of waiting. 1.) Buyer Demand is High & Inventory Is Low Recent numbers show that buyer demand is at the highest peak…

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Very Clever Household Hints

by Jean Pederson in Blog.

The simplest way to slice a bunch of cherry tomatoes is to sandwich them between two plastic lids and run a long knife through all of them at once! Keep brown sugar soft by storing with a couple of marshmallows Install a regular coat rack low down the wall to store shoes safely off the…

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The Deal of the Century??

by Jean Pederson in Blog.

Recently, Freddie Mac published a blog post titled Mortgage Rates: Still the Deal of the Century. They explained that, if you are planning to purchase a home, now may be the time: “If you are in the market to buy a home, today’s average mortgage rates are something to celebrate compared to almost any year…

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There’s No Place Like Home -Jean Pederson 908-319-9556

by Jean Pederson in Blog.

Last week, we reported on the financial reasons purchasing a home in today’s market makes sense. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership. The top 4 reasons to own a home cited by…

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