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 …

The Absolute Best Time for Buying a Home in Morris County

themenardgroup Buying, Morris county, North Jersey, Investment property, Mortgage rates, Mountain Lakes, Second home, House prices, Listing agent, Luxury, Luxury Buyers

To end the suspense, the answer to the title question about when is the optimal time to buy a home in Morris County has been officially answered. The answer is, more or less, “now.” All right, there’s an alternate answer, “as soon as practical”—but that is a less dramatic-sounding version of the same thing. The official nature of that answer …

Holiday Feelings: What Kids Can’t Know Yet

themenardgroup Uncategorized, Morris county, North Jersey, Mountain Lakes, Selling your home, Listing agent

The holiday season surely makes for a neat package: wrapping up the whole year in a sort of satisfying finale. Whether it’s your Christmas or Hanukkah, Kwanzaa or any other holiday you can think of, for most Mountain Lakes residents, the last weeks of December make up a sort of endpoint/beginning point for more than just the calendar. These days …

Mountain Lakes Real Estate and “Back From the Abyss”

themenardgroup Buying, Morris county, North Jersey, Investment property, Mountain Lakes, Selling your home, Listing agent, Luxury Homes, Selling

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

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

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”

themenardgroup Buying, Morris county, North Jersey, Mountain Lakes, Garden State, Selling your home, Listing agent, GSMLS, Luxury, Luxury Homes, Selling

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

themenardgroup Buying, Morris county, North Jersey, Mortgage rates, Mountain Lakes, Second home, Selling your home, Listing agent, Luxury, Luxury Homes, Selling

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

themenardgroup Buying, Morris county, North Jersey, Investment property, Mortgage rates, Mountain Lakes, Selling your home, Listing agent, GSMLS, Selling

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 …

Six Easy Items to Boost Morris County Property Curb Appeal

themenardgroup Morris county, North Jersey, Mountain Lakes, Garden State, Listing agent, Staging, Luxury Homes, Selling

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

themenardgroup Buying, Morris county, North Jersey, Mortgage rates, House prices, Garden State, Selling your home, Listing agent, GSMLS, MLS, Luxury Homes, Luxury Buyers, Selling

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 …