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Real Estate News

Real Estate News. There was a lot to learn in the world of real estate and Mountain Resort Properties is here to help you stay current on the latest news, events and market trends

Found 26 blog entries about Real Estate News.

GRAND CASCADES LODGE, STAY FOR FREE at this 5 Star premiere HOTEL CONDO opportunity.  Luxury penthouse condo with best golf courses, mountain views of the valley. Designer decorated kitchen with stainless steel appliances. Granite countertops, marble and granite bath(s), marble floor. Washer/dryer in unit. Large master to accommodate king size bed and furnishings. Private deck provides spectacular views. Close to ski slopes and water park. Don't miss an opportunity to own this magnificent, high-end and move-in ready resort home. per year which when you are in the "Hotel Rental Pool," your home has income when you are not using it.

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Still Think You Need 15-20% Down to Buy a Home? Think Again! | MyKCM

According to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready and willing to become homeowners, but are able to as well!

Now that the largest generation since baby boomers has aged into prime homebuying age, there will no doubt be an uptick in the national homeownership rate. The study from Urban Institute revealed that nearly a quarter of this generation has the credit and income needed to purchase a home.

Surprisingly, the largest share of mortgage-ready millennials lives in expensive coastal cities. These cities often attract highly skilled workers who demand higher salaries for their expertise.

So, what’s holding these mortgage-ready millennials back from buying?

Myths

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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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People are concerned after seeing values of homes increasing faster than historic norms. This is making many Americans nervous, thinking another buble is waiting to pop. The lenient lending standards from the past decade have disappeared. This is what created false demand in the housing market.

These unethical practices, no longer exist. But what about prices?

Housing Prices are NOT Heading for Another Crash | MyKCM

When you take a look at the charts, you can see home values are not moving as quickly as they did before the crash. Also you have to understand after such an intense crash the market is almost trying to play catch up with itself. 

Home prices are rising but not at such an extreme rate as we saw in the past.

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4 Reasons to Buy a Home This Winter!

here are four reasons to buy a home this winter

1. Prices are Rising

Home Prices across the nation continue to rise. Core Logic's latest report claims a large increase of 7% over the past 12 month's. We have yet to feel this dramatic home value increase hit our area in Hardyston, NJ and Vernon, NJ. But maybe in the next few years, considering values near central jersey are starting to rise.

We have reached the bottom of the market here in town. With most top real estate predictive analytics stating this claim, it is no longer a waiting game. 

2. Intrest Rates on Mortgages Predicted to Increase 

Intrest rates for 40-year mortgages have been hovering around 4%. This is a very low rate,

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4499 Rudetown Rd, Hardyston, NJ

Click play to watch a walkthrough video of 4499 Rudetown Rd. Hardyston, NJ. This single-family home is a golf fronting home that sits on 1 Acre of Land. With a very Private backyard that is professionally manicured grounds. Custom Built with four bedrooms is great for a vacation home or a primary residence.

The incredible High Ceiling brings in a lot of light and walks out sliders on the main level allow you to make the outside of the home come inside with a gorgeous view. Walk outside to a Trex deck and just relax around the tall trees or stroll over to the fire pit.

The Unsurpassed quality can be found in the custom built cherry cabinetry in the dining room, office and Great Room. The matching style

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Golf Course Homes in New Jersey

Where are the best golf course homes in New Jersey? Crystal Springs of course, with 6 premiere golf courses less than five miles away you won't go wrong. This resort area has been designed to be the North East's top Golf Course Destination. Every Course has been designed by amazing golf course architects, Trent Jones, George Fazio, Von Hagge, and Rulewich. Crystal Springs Also has much more than golf so the whole family can enjoy.

This prestigious golf resort is located only 47 miles from NYC. If you love the Yankees like me or want to head in to see a show on Broadway it's an easy trip down route 15 to route 80 east. Also being so close to the city it makes a great vacation destination for busy people who

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Here you will find some of the best real estate deals in our area. All the homes available on this page are for sale under $350,000. If you are a first time home buyer or looking to purchase a home in Northwestern New Jersey the value you will find is very impressive. With the lower cost to own a home and taxes less than Bergen County, many individuals are finding Sussex county is a great place to live. Prices are starting to rise, but still affordable. 

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Committed to Serving our Community

 

It has now been over 30 years since the founding of Mountain Resort Properties. 30 years of a singular focus of selling homes at the resorts in the valley. Mountain Resort Properties, (MRP), has done so at Crystal Springs, Great Gorge Village and Mountain Creek with the most annual listings and sales for virtually every one of the past 30 years. Being known as the ‘go to’ agency that will not only get your client’s home sold, but maximize their value so you don’t leave any money on the table. How do you achieve that? Hard work, experience and focus.

Long ago when I formed MRP I didn’t want to be another Sussex County brokerage. I wanted to service the customer to whom I was selling new homes and

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The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index.

Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic (demand).

Buyer Demand

The map below was created after asking the question: “How would you rate buyer traffic in your area?”

Buyer Demand

The darker the blue, the stronger the demand for homes in that area. Only six states had a weak demand level.

Seller Supply

The Index also asked: “How would you rate seller traffic in your area?”

As you

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