Morris County House Hunting Online: an Equifax Warning

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Investment property, Mountain Lakes, Luxury, Luxury Homes, Luxury Buyers

When Equifax issues a warning specifically directed at online house hunting, Morris County real estate searchers (including readers right here) have ample reason to pay attention. You probably recall from last September how Equifax admitted to having been victimized by one of the most massive data breaches in internet history. Among the 143,000,000 Americans affected by the personal data collection …

Imagining the Unimaginable Rebound in Home Equity

themenardgroup Uncategorized, Morris county, North Jersey, Investment property, Mountain Lakes, Luxury, Luxury Homes, home improvement, Home Equity

We’ve all witnessed the remarkable rebound in real estate values—and last week, the scale of that recovery was the subject of a CNBC commentary. “A growing number of homeowners are in the money,” it found; then, “Homeowners are sitting on trillions in tappable home equity.” Trillions? That’s a number that sounds quite impressive—but also hard to grasp. To get a …

Attention Morris County Investors: Rental Housing on the Rise

themenardgroup Uncategorized, Morris county, North Jersey, Investment property, Mountain Lakes, Rentals, Luxury, Luxury Homes, Multi-family

Whether you are investigating Morris County rental housing activity because you’re looking for an investment or just a place to rent yourself, it’s important to become informed about the state of play in rental housing as a whole. It’s a picture that has been changing rapidly—one that’s unlikely to slow anytime soon. Much is being written about the growing popularity …

Business Real Estate Strategy for Morris County Entrepreneurs

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Investment property, Mountain Lakes, commercial real estate

Most Morris County small businesspeople will recognize this post-startup scenario. It’s the moment when the whole idea of long-range planning first starts to make sense. Although everyone who stakes his or her claim in a new business hopes for success, in the beginning, that outcome is far from certain. Throughout the early going, the first order of business has been …

Financial Guru’s Advice Yields 4 Morris County Home Buying Steps

themenardgroup Uncategorized, Buying, Morris county, Investment property, Mortgage rates, Mountain Lakes, Second home, Vacation property, Luxury, Luxury Homes, Multi-family, Luxury Buyers

What a simpler world it would be if Morris County home buying could be reduced to anything like a simple 4-Step process. Even better if those were four easy steps. Actually, without actually coming out and saying so, that’s the tantalizing prospect hinted at on radio financial guru Dave Ramsey’s web site’s “Home Buying Process Made Easy.” Ramsey is the …

For Some Morris County House Hunters, Autumn = Opportunity

themenardgroup Uncategorized, Morris county, North Jersey, Downsizing, Investment property, Mountain Lakes, House prices, Selling your home, Listing agent, Luxury, Luxury Homes, Selling

A while back, Forbes noted what they called “The Four Ways the Real Estate Market Changes” after Labor Day. The article recognized a truism that holds for most parts of New Jersey—namely, that the period between Labor Day and Thanksgiving is what most of us think of as “fall.” It went on to describe four ways the change of seasons …

Long Term Strategic Thinking for Selling Your Morris County Home

themenardgroup Uncategorized, Morris county, North Jersey, Downsizing, Investment property, Marketing, Mountain Lakes, Selling your home, Staging, Renovations, Luxury, Luxury Homes, Selling, home improvement

Selling your Morris County home is never something you do on a whim. There can be rare situations when the decision to sell is a sudden one that’s forced by unexpected life circumstances (favorable or not)—but selling your Morris County home is not likely to be the result of some sudden impulse. Since that’s the case, it follows that most …

As Morris County Mortgage Rates Hold Steady, Diligence Pays

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Investment property, Mortgage rates, Mountain Lakes, Luxury, Luxury Homes, Luxury Buyers

Mortgage rates in Morris County remained mostly steady this past month, at least partially due to the predictable July-August doldrum effect. When the summertime vacation schedules of Washington and Manhattan movers and shakers presages a slowdown in activity and economic reports, there is simply less going on that might affect the rate meter—in either direction. Summertime can also mark the …

The Art, not Science, of Pricing Your Morris County House

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Investment property, Mountain Lakes, House prices, Garden State, Luxury, Luxury Homes

The science of pricing a house in Morris County isn’t really a science. The thing about science that makes it reliable is that its findings can be confirmed experimentally. If Galileo drops a feather and a lead weight from the Tower of Pisa to prove something about gravity, anyone else can trot right up there and repeat the experiment. If …

Experts Startled by Early U.S. New House Sales Increase

themenardgroup Buying, Morris county, North Jersey, Downsizing, Investment property, Mortgage rates, Mountain Lakes, House prices, Garden State, Selling your home, Listing agent, Luxury, Luxury Homes, Luxury Buyers, Selling

Morris County house sales do usually respond in the seasonal pattern that is familiar in most other areas. Spring and summer lead the way for weather-related, financial, school scheduling and other family-related reasons. From now into well past July (and sometimes even August), house sales activity can be counted on to peak. Those are the normal expectations. But when any …