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When you estimate holding costs for a property rehab, consider estimated renovation time as well as the time required to sell the property.
The number of homes being offered for sale in NJ has risen 37% since the beginning of the year.
Look at real estate markets and trends locally, not nationally, every local real estate market is different.
New Jersey home sales in May remained flat, recording a nominal 1% drop compared to last year.
Never let a real estate attorney make a business decision for you. Attorneys exist to review and advise not to make business decisions. Tell your attorney to stay in his lane and focus on the law.
Due to newly announced tariffs, the duty rate for lumber is expected to rise from 14.5% to nearly 40% later this year.
