New Jersey

INVESTING IN SENIOR HOUSING

Senior housing and care were identified as one of the top investment categories in the latest "Emerging Trends in Real Estate 2019" study. Independent living units, assisted living centers, care homes, and long-term care facilities are all part of this sector. So, what is it that is piquing investors' interest in this sector?   The influence of the Baby Boomers as they age The Baby Boomers...

What Is a Reverse Mortgage

As a homeowner you may have heard of a reverse mortgage, but what exactly is it, and is this something that can benefit you? According to Forbes, A reverse mortgage is a type of loan used by homeowners who have considerable equity in their homes. Borrowers are able to convert a portion of their home equity into cash. This is a popular option for borrowers of retirement age who need to get access to cash...

Factors That Decrease The Value of Your Home

Like we always say on our blog, purchasing a home is one of the most valuable investments most people make in their lifetime. Of course, homeowners go into these transactions with hopes to increase the value of their home, and part of this process includes knowing what influences both the appreciation and the depreciation of this asset. We will focus on the factors hurting your home’s worth, so you can...

Basics of Interior Design

Implementing interior design practices into your space is a crucial component of curating a balanced, relaxing home environment you will never want to leave. While interior decoration and interior design are often used interchangeably, these terms do not mean the same thing.  According to thespruce.com, Interior design is a profession that requires specific schooling and formal training, including...

Advantages And Disadvantages Of An Open House

There is much debate in the real estate industry about best practices and effective selling strategies, including the pro’s and con’s of open houses. While they are great for exposure, there is a lot of effort required by both the real estate agent and the homeowner when preparing for and hosting an open house. Before rushing into hosting an open house, be sure to consider the advantages,...

Housing Market Trends amidst COVID-19

Over the course of the last 18-20 months, The COVID-19 pandemic has disrupted virtually every market in this country. From the investment space, healthcare industry and real estate market, once predictable industries have become an incredibly volatile, wild domain. Living spaces turned into our workplace, online communication channels and teleconferencing softwares such as Zoom and Microsoft Teams have...

How to Secure a Mortgage Pre-Approval

Purchasing a new home is a complex process. As one of the biggest financial decisions you make in your lifetime, you will need to be prepared with a multi-step checklist to outline your want-to-haves and need-to-haves in your next property. Once you have determined this, along with your cost range, and are ready to move forward, it is wise to accelerate the process by applying for a mortgage...

Why Should I Hire A Real Estate Professional?

Buying a home is the largest financial transaction many people make in their lifetime. If you plan on buying a home, regardless of whether it’s your first, almost all sellers will need advice and guidance along the way. Luckily, there are plenty of resources for those who have never undergone this process and inevitably have questions. Real estate professionals are an essential component of any...

What You Need To Know Before Relocating

It is clear that there has been a surge in the housing market this year. According to Norada Real Estate Investments, 2021’s real estate market has been particularly strong compared to 2020 data,  with strong housing demand in almost every part of the country.  The strengthening economy, plus Millennials reaching their peak homebuying years is fueling this residential housing...

First Time Homebuyer Tips

Are you ready to take the plunge and purchase your first home, but don’t know where to begin? Purchasing a home, especially if you are a first time homeowner can be frightening, so keep reading for tips on how to navigate the process and come out on the other side as satisfied as possible.  An important first step to take before deciding if you are ready to purchase a home would be to review...

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