We hear of horror stories working with the wrong agent. Most of us use an agent from a friend that has used him or her in the past. Sometimes this works, sometimes it doesnt. Bottomline is most agents do mean well however now is the time that working with an agent who has experience really helps you go the distance.
First time home buyers have taken control of this market, they call a broker, they go out and never seem to feel as comfortable enough to make an offer on a property. If an agent isnt taken the time to explain to you the market and the way a transaction should work, then your agent is not a good agent, plain and simple, thus you should move on to someone who knows. there should be three things you should watch for when selecting an agent to work with.
1) Does he/she have a good grasp on the market?
2) Has he/she explained to you the process?
3) Do you trust him or her?
if you answered yes to all these questions, your working with the right agent.
Showing posts with label market. Show all posts
Showing posts with label market. Show all posts
Thursday, October 08, 2009
Friday, April 03, 2009
Here are the facts
Real Estate Market Facts
Despite the national trends and statistics you might have heard, the old adage that all real estate is local has never been truer. Market facts in New Jersey, combined with national incentives, make now a good time to get active in New Jersey’s real estate market. Here's why:
- First-time buyers can get up to an $8,000 tax credit.
Despite the national trends and statistics you might have heard, the old adage that all real estate is local has never been truer. Market facts in New Jersey, combined with national incentives, make now a good time to get active in New Jersey’s real estate market. Here's why:
- First-time buyers can get up to an $8,000 tax credit.
- Seven-year real estate appreciation in the Garden State at 80% is double the national average.
-Mortgage rates are near historic lows, (last mortgage I did for a client we locked in 4.7%!) giving buyers a better chance to secure low payments for years to come.
-Housing affordability, determined by home prices, income data and other factors, is high in New Jersey.
-Increased Federal Housing Administration (FHA) loan limits means more money is available, expanding your purchasing power.
Buyer incentives help sellers. The more buyers able to enter the market, the larger your potential pool of purchasers will be. Plus, sellers can utilize those buyer benefits if they decide to trade up.
Here are the facts of the real estate market today. Lets go people, get your property on :)
Labels:
coldwell banker,
economy,
hoboken,
jersey city,
market,
real estate
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