Blog

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With rising interest rates and rising home prices the affordability gap keeps growing causing a slowdown in purchases. Home ownership is already 13% more expensive than last year. More rate increases will diminish buyer’s buying power, further...

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While inventory levels are low and it is difficult to find a suitable home, buyers should not loose faith as delaying the purchase will cost them. Below you will see the assumption of a 700K purchase at current rates of 4.75% resulting in a monthly...

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We are starting to see a shift in the market. Although the economy is still improving and house prices are still rising, the pace at which houses sell is starting to slow down due to the rising interest rates. This will continue. But it means that...

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With rising interest rates and rising home prices the affordability gap keeps growing causing a slowdown in purchases. As a result, home ownership is already 10% more expensive today than last year - 6% due to rate increases (+0.6% rise) and 4% in...

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As predicted, the new Tax Reform hit the areas with a higher real estate taxes harder than the areas with lower annual property taxes. During the first 6 months, the number of contracts written about equaled last year’s activity but at higher...

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Nationally the pace of job creation has accelerated this year and is projected to exceed 2+-Million jobs for the 8th consecutive year. As a result, the U-3 unemployment rate in New Jersey declined for the 3rd consecutive month to 4.3%, falling below...

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Nationally the pace of job creation has accelerated this year and is projected to exceed 2+-Million jobs for the 8th consecutive year. As a result, the U-3 unemployment rate with 3.8% is the lowest since April 2000. Even in NJ, which always trails...

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Agent

Till Horkenbach <br>CNE®, PSA®, ABR®, e-PRO®, SRES®

Till Horkenbach
CNE®, PSA®, ABR®, e-PRO®, SRES®

Phone201-310-1260