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Gerald Lucas

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How Property Tax Policy Changes Can Fix Housing Shortage, The Best Home In The Neighborhood To Buy, Builders Offer Homebuyers More Incentives

December 6, 2022 Gerald Lucas

How Property Tax Policy Changes Can Fix Housing Shortage

Real Estate Tip:

Buy property that is consistent with other property in the neighborhood. It's smarter to buy the cheapest rather than the most expensive house in an acceptable neighborhood-this increases the odds that your property value will increase and often makes it easier for you to sell.

Real Estate Insight:

Builders have become more eager to offer prospective home buyers incentives— including more affordable rate buy-downs, reduced closing costs and free amenities—as mortgage rates soared to a 22-year high last quarter and more homes emerged on the market.

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Tags Gerald Lucas, real estate tips, real estate strategies, home prices, inflation, local real estate markets, economy, housing demand, interest rates, macroeconomic conditions
← How Much Has NJ Home Inventory Increased In Last Year?, Always Do This When You Get A New Roof, Fannie Mae & Freddie Mac Scale Back On Multifamily LoansHow Far Will Home Prices Go Down?, Real Estate Margin Of Safety, Home Buyers Are Spreading Out →

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