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 …

Long-Dormant Morris County Mortgage Rates Now “Poised”

themenardgroup Buying, Morris county, North Jersey, Downsizing, Investment property, Mortgage rates, Mountain Lakes, Second home, Selling your home, Luxury, Luxury Homes, Multi-family, Luxury Buyers, Selling

Most of us favor a high degree of predictability when it comes to things like the interest rates on mortgages. In that realm, “poised” is a bad word. When anything is poised, it means it’s about to do something different: change. For those who like predictability, change is unwelcome. But this week should provide both good and bad news when …

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 …

Buyers Mortgage Interest Rate News May Spur Morris County Home Buyers

themenardgroup Buying, Morris county, North Jersey, Mortgage rates, Mountain Lakes, Selling your home, Selling

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 …

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 …

FHA Mind Change is Good News for Morris County Appraisals

themenardgroup Buying, Morris county, North Jersey, Mortgage rates, Mountain Lakes, Garden State, Selling your home, Listing agent, Selling

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 …

Top 5 Expectations for Real Estate Investments

themenardgroup Buying, Morris county, North Jersey, House prices, Selling your home, Luxery Homes, Selling

If you go looking for insights from successful real estate investors, depending on which areas they concentrate on, you could come up with a variety of takes. Despite the distinct differences that separate the commercial and residential investment spheres, there are some time-worn truisms about the real life experience that would have most investors nodding their heads— Expect to work …

3 Moves to Avoid When You’re Buying a House in Morris County

themenardgroup Morris county, North Jersey, Mortgage rates, Second home, House prices, Garden State, Selling your home

First, a word about these Things to Avoid when you’re in the process of buying a Morris County house: it’s a short list. The reason it’s so short is because of who you are—since you’re reading this, it means you’re someone who is taking the time to delve into what’s happening with Morris County real estate. That makes it unlikely …

On Evidence that Winter Listings Produce Favorable Results

themenardgroup Buying, Morris county, North Jersey, Selling your home

Especially this time of year—and even more especially when our North Jersey’s weather turns grisly—common sense would seem to lead any homeowner planning to sell their Morris County home this year to hold off for the moment…at least until Punxutawney Phil’s forecast starts to come true (the venerable groundhog said that winter 2016 will be a short one). A quick …