Thom Rogers at EXIT Platinum Realty
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Claremont Avenue
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Claremont Avenue
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Claremont Avenue
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Nostrand Avenue, New York
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"Your Satisfaction Is Our Passion" I specialize in helping buyers and sellers with their real estate needs, in Northern New Jersey.
If you are searching for that perfect home, I can help you find it or
If you are thinking about selling, please call for an appointment to discuss my Marketing Plan designed to sell homes in today's unique market. Please ask me about "right pricing strategy".
The US housing market is set to cool this fall, setting up a rare opportunity for buyers as sellers slash prices, Zillow says "There are more motivated sellers and more active listings overall than any time since last December, improving buyers' chance to find the right fit."
"As more buyers tentatively enter the real estate market once more, experts say the prime time for sellers to list their homes for sale is swiftly approaching."
'A welcome development': Sellers who list in the next two weeks raise their odds of a 'successful sale' this season as lower rates and softening home prices bring buyers back to the market Sellers should plan to list their homes in mid-April to attract less competition and higher offers, economist says
The $300,000 starter home is going extinct: ‘A renter society not because of choice but because of force’ Housing economist Ali Wolf is worried by a growing "imbalance between the haves and have-nots in the economy."
The ongoing housing market slump brings back 2-1 mortgage rate buydowns—here’s how it works Homebuyers are looking for relief, and lenders are getting creative.
US black couple settles lawsuit over 'white-washed' home valuation The couple's house was valued for nearly half a million dollars more when a white friend posed as the owner.
Homeownership stifled for many!
Map: Racial homeownership gap widened in last 10 years, new data shows The racial homeownership gap widened over the last decade, new data from the National Association of Realtors showed on Thursday.
Survey finds Americans wildly misinformed on housing market A new survey finds Americans are woefully misinformed about the nation’s mercurial housing market, even as millions of them prepare to buy homes. Twenty-eight million Americans plan to …
"Mortgage rates and home prices have climbed, pushing on buyers’ budgets."
Buyers May Be Gaining Leverage Housing inventories are showing signs of improvement, offering buyers more choices.
Majority of Aging Adults Say They’re Not Moving Baby boomers hold the majority of real estate wealth in the U.S., and they increasingly want to age in place.
Market conditions are making homeownership out of reach to many.
Homes in N.J. are 30% less affordable than a year ago Median sales price are still rising despite interest rates topping 5%.
"While CoreLogic finds the odds of a home price correction are rising, it still believes nationwide home prices will inch higher over the coming year. Between March 2022 and March 2023, CoreLogic predicts U.S. home prices will rise another 5.9%."
The odds of home prices correcting spiked over the past month This interactive map, based on analysis run by CoreLogic, shows if your local market is at risk.
A little breathing room for owner-occupant buyers.
FHA Gives Buyers Exclusive Sneak Peek at Foreclosures Buyers will get 30 days to bid on foreclosed properties ahead of investors.
Significantly higher housing costs leaving many out of the home buying process.
As Sun Belt Relocations Increase, Home Prices Follow Out-of-towners embracing the region are adding heat to the region’s competition for homes.
Slow down in the market is likely!
A housing crash is unlikely, but a correction could be around the corner. Here's the difference. Spiking prices have quelled homebuyer demand — and that means the real estate market is bracing for a slowdown.
"Americans are purchasing smaller homes than they did earlier on in the pandemic"
Downsizing Trend Taking Root as Home Prices Rise Home buyers are purchasing smaller homes to cut costs. In March, the typical home under contract was 1,720 square feet, down 1.8% from a year ago.
"During National Fair Housing Month in April, many housing groups and organizations are bringing the racial housing gap to the forefront and asking others in the real estate industry to support programs that seek to make a change."
Realtor.com® Aims to ‘Close the Gap’ in Homeownership The company challenges others to foster ownership through downpayment assistance support.
Suburbs Remain Popular, Even as Cities Stage Comeback The number of home buyers nationwide who are shopping for suburban properties has jumped 42% since the pandemic, realtor.com® data shows.
Can you afford a $392,000 home? That's the new average price of homeownership in the US. American families earning $75,000 - $100,000 annually can't afford nearly half the homes on the market. And those families have above-average incomes.
Housing Investments Made During the Pandemic Are Effective, But More Is Needed | Center on Budget and Policy Priorities January 25, 2022: We have updated this post to reflect the total number of households served by emergency rental aid. Substantial investments to serve people experiencing homelessness and...
'Wealth creation through housing is not guaranteed': Behold, the most overvalued housing markets in America Coastal markets that looked like they were ready to bust during the pandemic are now seeing prices accelerate once again.
10 NJ counties at risk for U.S. real estate crash — Is yours one? The frenzy to buy and sell homes in New Jersey seemed like it would never end.
Middle-class homebuyers on both coasts are out of luck. More than half the homes being built are in the South. Builders aren't just focused on the South; they also aren't making starter homes. The US is stuck in a housing shortage and likely to stay that way.
Home Sales Slip as Buyers Reevaluate Their Home Search Though they’re still hunting for property, buyers are more mindful of their financial limits and taking longer to make purchase decisions. Read more from NAR’s latest housing report.
"Buyers, then, are best off staying patient as economists forecast weaker demand, rebounding supply, and a fizzling out of the exurban migration."
Everywhere you look America's housing crisis is getting worse Home prices soared in June at the fastest rate since 1979, CoreLogic said. Renters didn't fare any better: Prices rose even faster that month.
"America has been running out of houses amid a historic housing shortage. A lumber scarcity and the pandemic itself have only exacerbated the shrinking inventory, as has the wave of homebuying demand during a remote work era."
Millennials are still driving a 'roaring '20s' of homeownership demand, but there aren't enough houses for them Millennials drove potential homeownership demand to a record high, per First American. But a historic housing shortage is leaving them empty-handed.
"The deficit has stripped Americans of affordable homeownership, and the likely obsolescence of available homes in coming years risks exacerbating the already dire situation."
The US is short 6.8 million homes, National Association of Realtors says Contractors can solve the issue over the next decade, NAR said, but data shows they're far from reaching the construction pace needed to rebound.
Robert Shiller: Home prices will fall and 'cause some pain' The housing market is hot as home prices continue to rise, but Nobel Prize winning economist Robert Shiller predicts prices will eventually drop. "They'll come back down, not overnight, but enough to cause some pain," Shiller told Yahoo Finance Live. Shiller said there is no "clean explanation" why....
High-earning Americans drove 2020's migration boom, and it shows how wealth is splitting the millennial generation Americans are moving for the first time in a decade. Because of remote work, the wealthy led the way. Millennials are at the center of the story.
5 numbers that show how red-hot the housing market is right now Nearly 9 million Americans relocated in 2020, but that’s not the only statistic that shows what’s happening with housing during the Covid pandemic.
About 1 in 5 first-time homebuyers had to go above their budgets to buy a home, and more than 1 in 10 waived contingencies, according to a Realtor.com survey earlier this year. Another 1 in 5 spent more than a year on their real-estate hunt, the survey found.
How hard is it to buy a home right now? "Beyond crazy and frustrating." Paying above asking price isn't enough to win a bid — some buyers are skipping inspections and giving free rent to sellers.
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