Morris County Mortgage Rates Echo Another 2017 Low

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Mortgage rates, Mountain Lakes, Second home, Luxury, Luxury Homes, Luxury Buyers

A couple of weeks back, the ultimate authority on Morris County mortgage rates hadn’t minced words. That was Freddie Mac, whose opinion about mortgage rates constitutes the final say in the matter. Freddie isn’t modest about its preeminence (Freddie’s trademarked corporate slogan is “We make home possible”). Together with sibling Fannie Mae, the quasi-governmental entities stand behind 60% of U.S. …

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 …

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 …

Some Morris County Luxury Homes Might Not be Out of Reach

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Mortgage rates, Mountain Lakes, House prices, Listing agent, Luxury, Luxury Homes, Luxury Buyers

The content the National Association of Realtors® publishes is usually staid and non-controversial. After all, what they put out there has to ring true for the real estate industry in every nook and cranny of the country: in communities large and small, coast to coast—from Podunk to Peoria, Manhattan to Morris County. Real estate is, after all, the most massive …

Morris County Mortgage Rates Point to Encouraging Future

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Mortgage rates, Mountain Lakes, House prices, Luxury, Luxury Homes, Luxury Buyers, Selling

Last week, following the Fed’s hike in the rates they charge banks, you might expect a matching rise in mortgage rates for Morris County home buyers and refi applicants. If the experts are right, that’s far from a done deal. The Washington Post headline said it all: “Mortgage rates move slightly higher but could be headed back down again.” Mortgage …

Smart Positioning in the Quest for Morris County Homes for Sale

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Mountain Lakes, House prices, Luxury, Luxury Homes, Luxury Buyers

Not everyone who is looking at the homes for sale in Morris County needs to come up with a winner right away. If their own house has just been listed, they may reasonably estimate that it will be some months before the moving vans need to be summoned. Or they may be contemplating a move only if they happen across …

Morris County House Cooling via an Old-Fashioned Strategy

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Mountain Lakes, Selling your home, Luxury, Luxury Homes, Luxury Buyers, Selling

As summer approaches, Morris County homeowners may also recall the challenge of retaining a reasonably comfortable home environment during the inevitable spells of hot weather. Everyone has a different relationship to heat and its evil twin, humidity, which dictates how much attention and budget needs to be dedicated to house cooling. One old-fashioned solution is out there that many Morris …

“Free Credit Score” Ads Grow Scarcer for Morris County Consumers

themenardgroup Uncategorized, Buying, Mountain Lakes, Selling your home, Luxury, Luxury Homes, Luxury Buyers, Selling

If you’re a typical Morris County consumer, like most New Jersey residents, it wasn’t too long ago that you were being constantly bombarded by offers to let you in on a secret: your credit score. The “free credit score” ads got a lot of responses, but lately, they’ve grown scarcer. I think I know why. It used to be that …

Home Design Trends Reflect Changing Environment

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

Morris County real estate—like all real estate—is a supremely local activity. Area homeowners who like to keep an eye on New Jersey and national trends do so because some of them may surface in future buyer preferences. For Morris County homeowners in a remodeling frame of mind, it doesn’t hurt to be aware of “what’s hot.” When it comes to …

For Morris County Homeowners 55 and Up: a Practical Issue

themenardgroup Uncategorized, Morris county, North Jersey, Downsizing, Mountain Lakes, House prices, Selling your home, Luxury, Luxury Homes, Luxury Buyers, Selling

While much attention is directed at the phalanx of youthful first-time homebuyers, the  Millennials and GenXers aren’t the only groups who are having a substantial influence on the direction of Morris County’s real estate market. Whether they are tagged “mature,” “aging,” or downright “elderly,” the over 55-crowd comprise an increasingly influential part of the marketplace. They are also facing some …