BETTER DAYS ARE AHEAD FOR HOUSING! The housing market continues to have a difficult time putting the legacy of this past decades epic bust behind it. However, we see conditions continuing to gradually normalize over the next couple of years. Stronger job and income growth is bolstering consumer confidence and should ultimately increase household formations. The process is slow, however, and attitudes toward home ownership are clearly less favorable than they have been in the past, particularly among younger households, at least as measured by the quarterly homeownership data. The perception that younger households are going to rent forever is a bit overblown. Younger households have come of age in a particularly challenging job market and many are also carrying huge student loan debts. Such households are likely to remain renters for longer than in the past, but eventually, young people will marry and have children just as generations before them have!
Author:Andy Walker Phone: 201-424-8628 Dated: September 3rd 2014 Views: 2,546 About Andy: Having lived in New Jersey for over 20 years, I have been a top producing Realtor and member of the ...
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Tax Reform is the new reality.It is going to be interesting to see how
"For Gordon Crawford:
Gordon made my experience as a first-time home buyer as stress free as it can be. He came highly recommended, and didn't disappoint. I had dealt with a couple of agents before I met Gordon, and both were a nightmare. Moving from Hoboken, Gordon introduced me and my fiancé to the Morris County area. He spent an exceptional amount of time pointing out the local hot spots, pros/cons of neighborhoods, and overall made me feel comfortable narrowing the search. His approach to finding the right home was refreshing, if not tedious, taking us to various listings to see a single detail we may like so he could narrow the search. He often would say, "I know this isn't the right place for you, but what do you think about the yard/kitchen/bedrooms/etc?". When the listing for the home we eventually bought came up, he immediately knew we'd like it.
Gordon walked us through the inspection, negotiation, and closing process. In the rare case when he wasn't able to answer the phone, Gordon's responsiveness was excellent as well. I love the home I'm in, but if I ever need a change, I hope to have Gordon as my agent in the future."