Mountain Lakes Real Estate and “Back From the Abyss”

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If you listen to the Chairman of the Index Committee at Standard & Poors-Dow Jones, the nation’s housing market has reached an important milestone—one likely to be appreciated by real estate holders—Mountain Lakes homeowners and investors included. The gentleman in the spotlight is David Blitzer, who is the head man when it comes to the S&P Case-Shiller Index, the most …

Surprise November Morris County Mortgage Rates Surprise Experts

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Last week, when Morris County mortgage rates began to rise abruptly, you’d have to say that it was actually a double-barreled surprise. In addition to the sudden blip up on the mortgage rate charts, there was the second shocker: that so many expert observers were taken by surprise. Even though the actual rise in mortgage rates was what Zillow’s chief …

4 Reasons Morris County Real Estate Investments are “Smartest”

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When you see any title here containing the words “Morris County Real Estate Investment,” you won’t be terribly surprised if the gist turns out to be what a good idea! When you’ve had the experience of seeing clients succeed with many real estate investment projects, it’s an unavoidable conclusion. Unfortunately, also pretty yawn-worthy. That’s why I was pleased to come …

U.S. Home Owner’s Equity Doubles: Here’s How and Why

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Diana Olick is a well-known industry writer. Anyone with an interest in Morris County real estate can usually find something of value when she comes up with a new entry in her CNBC column (the one with the pun-worthy title, “Realty Check”). This month she commented on the rising housing market across the nation and its repercussions in terms of …

Morris County Mortgage Interest Rates and Analysis Paralysis

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If you look up the term “normalcy bias,” you find yourself swimming in psychological theoretician talk, most of which deals with people’s response to disastrous situations. The theory behind it is that when faced with the unknown, there is a tendency among even rational human beings to misconstrue new (and even dangerous) circumstances as being more normal—hence, safe—than is really …

Morris County Smart House Gadgets Made Inroads in 2016

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A number of “Smart House” products made headway in 2016, so before the crystal ball gets hauled up over Times Square, this is an appropriate moment to review which ones promised relevant real estate applications. Anyone who will be house hunting or selling in Morris County anytime soon might want to become familiar with some of what’s out there. It’s …

Buyers Mortgage Interest Rate News May Spur Morris County Home Buyers

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For prospective home buyers who have been eyeing the Morris County listings without any particular sense of urgency, last week’s mortgage interest rate news could have added an element of angst. In the up-again/down-again world of consumer finance, even the threat of higher mortgage interest rates acts as a nudge in favor of action. And the lead story in USA …

Six Easy Items to Boost Morris County Property Curb Appeal

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Conscientious Morris County homeowners keep on top of all the regular maintenance items pretty much automatically. Once you have lived in a place for more than a year or two, you know what you should be keeping an eye on. You have a handle on when major fixes and updates have to be addressed. When you begin thinking about moving …

2017 Housing Market Outlook Gets its Yearly Physical

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When you go in for your annual physical, you’re hoping for a sunny prognosis. Realtor® magazine isn’t a medical journal, but it does have a feature called “Market Pulse.” It reports on the patient’s vital signs (if you imagine the patient being the nation’s housing market). The state of the national patient can be relevant here in Mountain Lakes. In …

FHA Mind Change is Good News for Morris County Appraisals

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It was a federal agency reversal that was startling in its effect: a change in guidance that actually clarified more than muddled! The change will directly affect Morris County buyers and sellers because the issue will impact the cost of Morris County residential real estate transactions—specifically, in the area of home appraisals. As the first order of business—for those who …