Do You Know Why 29,000,000 Americans are Losing Sleep?

themenardgroup Uncategorized, Morris county, North Jersey, Mountain Lakes, Selling your home, Luxury, Luxury Homes, real estate

Real estate is bugging 29 million Americans—and who can blame them? According to Realtor Magazine, more than 10% of U.S. adults say they are losing sleep worrying over residential issues. Area residents might not be part of any rampant insomnia epidemic, but for many, at least some components of Morris County housing costs have been inching up. The source for …

National Home Prices Jump 37% Since 2014

themenardgroup Uncategorized, Buying, Morris county, North Jersey, Mountain Lakes, House prices, Selling your home, Luxury, Luxury Homes, Home Equity, mortgage

When Morris County homeowners sit down to plot out their household’s long-range financial plan, the value they ascribe to their Morris County home usually deserves a leading role. As research firm Pulsenomics puts it, “changes in single-family home values can have profound impacts on consumer balance sheets.” Yet it’s often the case that homeowners assume that their home’s value is …

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 …