News

What do Future Prices Mean for Home Sellers?

As many homeowners are deciding whether to sell their home before year end or wait till next year, a big question is what home values will look like over the next six months.  Keeping Current Matters put out an excellent piece, based on predictions from Clear Capital and JP Morgan Chase as to what they see home prices doing and why.  Once you read the article, you'll see why KCM is encouraging home sellers to list now. While national trends are helpful, they are only part [...]

Short Sale vs. Foreclosure

New Jersey has one of the highest rates of mortgage defaults.  While some are working through the process of a short sale, others are electing to stay in their home until the foreclosure process runs its course.  So, at the end of the day, if someone is in this situation, which is the better option? KCM posted a great article by Christopher Reale, Director of Short Sale Operations at Lepizzera and Laprocina Title and Escrow Services, comparing the options of short sales and fo [...]

Houses Underwater: How Declining Prices Affect the Market

Our friends at Keeping Current Matters came out with a fantastic analysis from two recent housing reports from CoreLogic and JP Morgan-Chase.  What some don't realize is that negative equity has an even greater impact on the market than simple market decline.  Whether you're thinking about buying a home, or selling one you currently own, it's important to understand current market conditions to make an informed decision.  If you'd like further information, give u [...]

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