Smart Ways to Use Your Home Equity
The real estate and mortgage data company CoreLogic reported at the end of 2024 that New Jersey and Rhode Island saw the greatest year-over-year home equity growth in the entire nation. CoreLogic also noted that the Newark, New Jersey, and the New York City metro areas are in the top 10 hottest real estate markets in the nation in terms of home prices. In this article, I discuss three smart strategies for homeowners to leverage the equity in their homes.
5 Years After COVID-19: Monmouth County's Real Estate Market Transformation
It's hard to believe that exactly five years ago this weekend, we went into lockdown mode as COVID-19 changed life as we knew it. The pandemic dramatically reshaped New Jersey's real estate landscape, particularly in Monmouth County where I focus my practice. Today, I'm sharing valuable insights about our local market's evolution from 2018 to early 2025, with
Monmouth County’s Million-Dollar Towns
Located in coastal central New Jersey, Monmouth County has impressive waterfront credentials: 27 miles of beachfront on the Atlantic coastline, and 26 miles of coastline on the Raritan and Sandy Hook Bays. There are 53 distinct municipalities in Monmouth County. In this article, I am sharing insights on the 13 towns that had median home sale prices over $1 million in 2024. These communities represent the pinnacle of luxury living in the county.
Fun Facts from an Italian Realtor
While everyone in the U.S. was getting ready for the Super Bowl, I was in Rome, Italy. I had the pleasure of speaking with a long-time friend of the Resources Real Estate brokerage, Diletta Giorgolo, who is the Head of Residential at Italy's Sotheby's International Realty. I learned some very interesting facts about Real Estate in Italy that I thought you might enjoy learning too.
Is now a good time to buy a house?
Is now a good time to buy a house? Yes! But only if it fits into your overall life goals. According to the May 3, 2023 US Census Bureau statistics on homeownership and rental vacancies, only 66% of Americans own their own home. Here are a few reasons why now could be a great time for you to buy a house: Changes in Family Situation; Changes in Employment Status; Changes in School Status for Children.
April Showers on the Housing Market?
April Showers on the Housing Market?April is typically one of the busiest months of the year for new listings and property home sales in Monmouth County, NJ. Fewer homes were sold this April of 2023 compared to the April of 2020, in the middle of the COVID lockdowns. As of April 30, 2023, there were a total of 1003 residential homes available for sale in Monmouth County, NJ. Low inventory is still helping prices appreciate to 5% over last years prices so far this year.
How’s the Market…Really?
There has been so much negativity in the national news about the real estate market. But how is the market really doing in Monmouth County, NJ? We actually had a very strong year in 2022, if we only look at price growth. However, if we look at total sales volume, we see a different story. Here are some key facts about how the Monmouth County, NJ Real Estate market performed in 2022
I found a house I love, now what?
The moment you find a home you love is so exciting, especially if you have been searching for a home for a while. In New Jersey, and most states in the US, submitting an offer to a seller requires several different documents to be signed by the potential buyers. We will briefly look at each of these here.
Do I need a Realtor to Rent a Home?
Realtors for landlords help them establish pricing, and they actively market the property to help landlords find the most suitable tenant. Prospective tenants reap the benefits of individualized attention that comes from being assisted by a realtor. In addition, tenants may have the option to find more space and privacy in single family homes or townhouses that are exclusively marketed through real estate brokerages for private landlords.
What does a Real Estate Agent Do Anyway?
Moving is hard! There are so many steps and details to manage on the road to selling or buying a home. If you are doing both-- selling one home to buy another--it can be even more stressful. The advantage of having an agent is that you have a trusted advisor who can educate you and support you through each step in the journey.
I want to Move to the Jersey Shore
A big move from one state to another, or even one part of the state to a different region, is a major life change. It opens the doors to new possibilities, and often the opportunity for a whole new lifestyle. That is why, when considering a move, it is important for people to start the process with self-reflection and research.