Slide 1:Inventory climbs 15% YoY, but post-pandemic growth is clearly slowing month by month. Slide 2:Buyers stay cautious despite lower mortgage rates, with homes lasting 63 days on market. Slide 3:Pending sales dipped 1.9% YoY, signaling softer demand even as choices expand. Slide 4:National media

The Fed’s September rate cut dropped mortgage rates, echoing 2024’s late-year trend.2024 showed rate cuts fueled 4th-quarter home sales rebounds, lifting total annual sales above prior year.Lower rates are bringing hesitant buyers back, bridging the gap between costs and inaccessibility.However, mar

Buying a house requires careful planning and preparation, especially for first-time buyers who will likely need a mortgage. Key steps include preparing financial records, using a mortgage calculator to estimate costs, consulting a mortgage officer to identify credit issues, settling any outstanding

Buying a home in North Jersey requires careful consideration of mortgage rates, which significantly impact your budget. To secure the best rate, start by improving your credit score, as a higher score can lead to lower rates. Stay updated on current mortgage rates, compare offers from various lender