House prices in the Garden State are continuing to climb amid a new reality of life. A company which tracks the prices of residential homes across the country, including those in New Jersey, has found that the values of homes in seven metropolitan areas of the state have continued to rise since last May. The largest increase was in the Atlantic City area with a hike of 5.7%.
The new reality that various business sectors have had to contend with lately may affect them moving forward. The commercial real estate market in New Jersey is one such industry affected by more of the workforce working from home. Will fewer companies be looking to lease office spaces moving forward?
Heating up or cooling down?
It is hard to overestimate the effects that the current health crisis has on American life across virtually every conceivable spectrum.
When every last penny counts these days, it's hard for some people to save for the downpayment on a house. There are some things New Jersey residents should know about buying real estate in the state. And one of those things is that a downpayment on a home in New Jersey to qualify for a mortgage is lower than many people think.
Many people like to think about their future finances and one way of being proactive about that is to consider investing. New Jersey residents who consider real estate as part of their investment portfolios can either choose to purchase properties in their own neck of the woods or resort to virtual investing. There are considerations for both.
Buying a new home can be equally exciting and stressful. And for new or inexperienced home buyers, the process can be especially overwhelming.
Buying a house is exciting, but it can also be risky. There is a lot of money on the line, not to mention the experience people will have in their new home for years to come. To make these experiences as positive as possible, buyers should be able to feel confident that they know what they are getting when they purchase a home.
We present a Christmas tale today in one of our last blog posts of the year at The Law Office of Rajeh A. Saadeh.
New Jersey homeowners with properties in planned communities overseen by homeowners associations often have mixed reactions about HOAs.