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Mountain Resort Properties Real Estate Blog

5 Reasons You Should Sell This Fall! | Simplifying The Market

4 Reasons You Should Sell This Fall!

Here are five reasons why listing your home for sale this fall makes sense.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! In fact, more often than not, multiple buyers end up competing with each other to buy the same homes.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now 

Housing inventory is still under the 6-month supply needed for a normal housing market. This means that, in the majority of the country, there

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Buying Is Now 26.3% Cheaper Than Renting in the US

Buying Is Now 26.3% Cheaper Than Renting in the US | MyKCM

The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States.

In the six years that Trulia has conducted this study, this is the first time that it was cheaper to rent than buy in any of the metropolitan areas.

It’s no surprise, however, that those two metros are San Jose and San Francisco, CA, where median home prices have jumped to over $1 million dollars this year. Home values in San Jose have risen 29% in the last year, while rents have remained relatively unchanged.

For the 98 metros where homeownership wins out, 97

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You Need an Agent Who Will Always Put You First | MyKCM

Whether you are a rookie homebuyer or have gone through the process many times, having a local real estate expert who is well versed in the neighborhood you are looking to move to, as well as the trends of that area, should be your goal while home shopping.

One great example of an agent who is in your corner and is always looking out for your best interests is one of the main characters on ABC’s Modern Family, Phil Dunphy.

For those who aren’t familiar with the character, Phil is a REALTOR® with a huge heart who always strives to do his best for his family and his clients.

In one episode, he even shared an oath that he created and holds himself accountable to:

“On my honor, I promise to aid in man’s quest for shelter, to

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The #1 Reason to Put Your House on The Market TODAY! | MyKCM

The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that home sales declined 0.6% to a seasonally adjusted annual rate of 5.38 million in June from 5.41 million in May, and are 2.2% below a year ago. Some may look at these numbers and think that now is a bad time to sell their house, but in fact, the opposite is true.

The national slowdown in sales is directly tied to a lack of inventory available for the buyers who are out in the market looking for their dream homes! In fact, the inventory of homes for sale had fallen year-over-year for 36 consecutive months before posting a modest 0.5% gain last month and has had an upward impact on home prices.

NAR’s Chief

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Rising Interest Rates Have Not Dampened Demand | MyKCM

Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment.

First American recently released the results of their quarterly Real Estate Sentiment Index (RESI), in which they surveyed title and real estate agents across the country about the impact of rising rates on first-time homebuyers.

Real estate professionals around the country have not noticed a slowdown in demand for housing among young buyers; nearly 93% of all first-time homebuyers last quarter were between the ages of 21-35, with the largest share of buyers (51%) coming from those ages 26-30.

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Vernon New Jersey Real Estate

In this blog, we will talk about Vernon New Jersey Real Estate.  Vernon, NJ is located in beautiful Sussex County. Otherwise known as the New Jersey's Skylands. With a population of 23,943 Vernon, NJ is the most populous municipality in the county. full of woodlands, lakes, and rivers this serene town has grown into a great place to get out and enjoy beautiful mother nature.

One of the biggest factors that plays into Vernon New Jersey Real Estate is the resort communities located throughout the town. Mountain Creek Ski Resort has a ton of real estate surrounding it. Slope Side Condominiums, Townhomes, single family homes and one large condominium hotel. Crystal Springs Resort's also operates Minerals Resort and Spa inside of Vernon Township. This

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What If I Wait Until Next Year to Buy a Home? | MyKCM National home prices have increased by 6.7% year-over-year. Here in Sussex County we have yet to meet these standards, but the market is finally starting to change. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market.

As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over the next six months. As a buyer, however, you must not be concerned about price, but instead about the ‘long-term cost’ of the home.

The Mortgage Bankers Association (MBA), Freddie Mac, and Fannie Mae all project that mortgage interest rates will increase by this time next year. According to CoreLogic’s most recent Home Price Index

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Dreaming of a Luxury Home? Now's the Time! | MyKCM

If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report which showed that in today’s premium home market, buyers are in control.

The inventory of homes for sale in the luxury market far exceeds the number of people searching to purchase these properties in many areas of the country. This means that homes are often staying on the market longer or can be found at a discount.

Those who have a starter or trade-up home to sell will find buyers competing, and often entering bidding wars, to be able to call their house their new home.

The sale of your starter or trade-up house will help you come up

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Below you will find a list of all of the Sparta NJ Homes for sale. The Sparta real estate market has heated up over the years due to its welcoming neighborhoods, great Location, the booming town center and vast options of homes types. 

Sparta is located along Route 15 in Northern New Jersey. A quick 15minute ride has you intersecting with Route 80 and other major roadways in the state. Also The Rockaway Mall with tons of shopping.

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If you are considering buying a vacation home or weekend getaway a condo hotel is a worthy consideration. The Resort Valley is home to three condo hotels, The Grand Cascades Lodge and Minerals Resort at Crystal Springs, and the Appalachian/Black Creek at Mountain Creek. You are not alone if your uncertain or confused as to how they work so here are answers to frequently asked questions.

In a nutshell, what is a condo hotel?

A condo hotel tends to be a mid to high rise building that functions like a normal hotel but rather than having one owner there is an individual owner for each room or unit.

What are the benefits of condo hotels?

Maintenance free living with rental income generated when you aren’t using your unit. You turn the key to

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