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Gerald Lucas

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How Herd Immunity Will Affect Housing Inventory, Property Auction Risks, NJ Home Prices Soar

March 23, 2021 Gerald Lucas
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How Herd Immunity Will Affect Housing Inventory

Real Estate Tip:

Whenever possible, avoid buying property at auctions. There will usually be at least one person at the auction dumb enough to pay too much for a property--compete with that idiot at your own peril!

Real Estate Insight:

Home prices in NJ rose 11.6% in 2020.

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Tags Gerald Lucas, real estate tips, real estate strategies, SALT deduction, NJ home prices
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How SALT Deduction Restoration Affects NJ Home Prices, Tip To Reduce Bathroom Tile Renovation Costs, NJ Home Inventory Plummets

March 16, 2021 Gerald Lucas
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How SALT Deduction Restoration Affects NJ Home Prices

Real Estate Tip:

Rather than replacing tile when you renovate a bathroom, consider glazing over old tile-it's cheaper and if done right can look as professional as new tile.

Real Estate Insight:

NJ home inventory is down 50% from one year ago.

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Tags Gerald Lucas, real estate tips, real estate strategies, SALT deduction, NJ home prices
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