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A property owner must manage his property manager--regardless of how much responsibility you choose to delegate, when you own property, the buck ultimately stops with you.
In the U.S., the median age of first-time homeowners is 38 years old, an all-time high, In the 1980s, the typical first-time buyer was in their late 20s.
If your mortgage lender pays your real estate taxes from an escrow account, make sure the real estate taxes you claim on your return matches the number on Form 1098 your mortgage lender sends you-Form 1098 will report any real estate taxes you paid to the IRS.
Construction employment rose year over-year from October 2023 to October 2024 in 41 US states.
90% of what goes into the current value of a residential property is what similar properties have sold for in the last 6 months—so the key to arriving at the most accurate estimate of your home’s current value is getting recent sold price comparables in your neighborhood.
Despite slowing home sales, depressed home inventory levels in NJ reflect 2.0 months of sales compared to 2.4 months this time last year--a decline in available homes for sale.
