How Far Will Home Prices Go Down?, Real Estate Margin Of Safety, Home Buyers Are Spreading Out

How Far Will Home Prices Go Down?

Real Estate Tip:

Before you buy property, incorporate a margin of safety, a buffer for unforeseen circumstances and things that may happen that are outside of your control.

Real Estate Insight:

Buyers who purchased homes in the 2nd half of 21' and 1st half of 22' moved a median of 50 miles from their previous residences--the highest distance on record since 2005

3 Real Estate Trends To Be Thankful For This Thanksgiving, Real Estate Auction Risks

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!

Overlooked Reason Home Prices Soared Over Pandemic, Do This BEFORE You Begin Renovating A Property, Price Point With Largest Supply Of Unsold NJ Housing Inventory

Overlooked Reason Home Prices Soared Over Pandemic

Real Estate Tip:

Prepare a detailed plan of attack long before you begin renovating a property.

Real Estate Insight:

The largest supply of unsold homes in NJ is in the $1 million to $2.5 million price point.