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Gerald Lucas

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3 Ways To Make US Housing More Affordable, How To Protect Your Home During Heavy Snow, Biggest NJ Home Sales Drop In 4 Years

February 24, 2026 Gerald Lucas

3 Ways To Make US Housing More Affordable

Real Estate Tip:

Protect your home during heavy snow by clearing gutters to prevent ice dams, use a roof rake to remove excessive snow load, and keep exterior vents (furnace & dryer) clear to avoid carbon monoxide buildup.

Real Estate News:

US home sales fell 8.4% in January which is the biggest decline since February 2022.

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Tags Gerald Lucas, real estate tips, real estate strategies, student loans, mortgage, DTI, debt-to-income ratio, debt, credit cards, home affordability, middle housing, modular construction, micro housing
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3 Real Estate Trends To Be Thankful For This Thanksgiving, Real Estate Auction Risks

November 22, 2022 Gerald Lucas

3 Real Estate Trends To Be Thankful For This Thanksgiving

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!

HAPPY THANKSGIVING!

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Tags Gerald Lucas, real estate tips, real estate strategies, home prices, inflation, housing inventory, home affordability
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What Recent Drop In The Housing Affordability Index Means, One Funding Source Isn't Enough, Mortgage Rates Hit Historic High

September 20, 2022 Gerald Lucas

What Recent Drop In The Housing Affordability Index Means

Real Estate Tip:

Line up multiple potential funding sources beforehand as you plan a property rehab or renovation

Real Estate Insight:

The average rate on a 30-year fixed mortgage climbed to 6.02%, up from 2.86% a year ago-the first time since 2008, the average 30-year fixed mortgage interest rate has hit 6%

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Tags Gerald Lucas, real estate tips, real estate strategies, home prices, home affordability, the housing affordability index, mortgage loan, median home prices, median home price, 1989, mortgage rates
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