Morris County Mortgage Interest Rates Reflect Fed Funds News

themenardgroup Buying, Morris county, North Jersey, Marketing, Mortgage rates, Garden State, Selling your home

The way the media treated last week’s federal funds rate announcement by the Federal Reserve Board was a convincing demonstration of how much importance is placed on that singular piece of the financial puzzle. That rate may not be directly tied to Morris County mortgage interest rates, but since it determines lenders’ borrowing costs, its effect is considerable. For many …

A Morris County Real Estate Agent Can Benefit from Opposing Traits

themenardgroup Buying, Morris county, North Jersey, Downsizing, Investment property, Marketing, Relocation, Second home, House prices, Garden State, Selling your home, Listing agent, International buyers, Luxury, Luxury Homes

There is an interesting theory about why some Morris County real estate agents complete so many more home purchases than do others. It isn’t that ‘success breeds success’ (although the thing we call “momentum” is certainly real enough). It has to do with being able to harness two somewhat opposing character traits. In any business, there seldom seem to be …

Morris County Readers find Sweet Real Estate Reports

themenardgroup Buying, Morris county, North Jersey, Mortgage rates, House prices

Our North Jersey’s real estate picture usually differs little from that of the nation as a whole. The latest rumblings from the mass media and web continue to bolster the picture of rising values and quickening activity—a sweet story with nary a sour note. In fact the unanimity of voices from almost every corner of the country is a story …

Are Morris County Home Values Connected to Starbucks? Really?

themenardgroup Morris county, North Jersey, Mountain Lakes, House prices

Starbucks will boost your home’s value? This was the “hot home-buying tip” splashed all over the airwaves at the end of last month—one that Morris County real estate watchers probably assumed had to be one of those weird, crazy coincidence feature stories that crop up from time to time. I was a little surprising that Zillow, the big national real …

International Home Buyers Might be North Jersey’s Next Prospects

themenardgroup Morris county, North Jersey, Mountain Lakes, Garden State, GSMLS, International buyers, MLS

New Jersey homeowners could benefit if the influx of international home buyers continues to expand. According to a study from the National Association Realtors®, the trend in that direction has been accelerating. In the most recent release covering the twelve-month period ending last March, foreign nationals are reported to have spent more than $92 billion in the United States for …