The E Street Group

Wishing everyone a Happy Memorial Day weekend from the new and improved E Street Group 🇺🇸

Check out our NEW listing in RED BANK!

28 Riverside Ave 2H, Red Bank, NJ 07701 Luxury living in the heart of Red Bank at The Navesink Riverside Residences and Marina! This completely updated bright & spacious 2 BR, 2 bath unit has amazing city views from your private balcony! This custom open kitchen has new appliances and is great for entertaining! All new flooring and crown....

https://www.foxbusiness.com/real-estate/housing-turnover-drop-lowest-rate-eighties-economist-projects

Housing turnover will drop to lowest rate since the 80s, economist projects Redfin deputy chief economist Taylor Marr estimated that the number of households buying or selling real estate nest year will fall to the lowest level since the 80s.

https://www.foxbusiness.com/personal-finance/todays-mortgage-rates-december-8-2022

Today’s 30-year mortgage rates fall further below 6% | Dec. 8, 2022 Check out the mortgage rates for Dec. 8, 2022, which are largely down from yesterday.

https://www.foxbusiness.com/personal-finance/mortgage-rates-december-2022-freddie-mac

Mortgage rates dropping as interest hikes could soon slow: Freddie Mac The average 30-year mortgage interest rate dropped once more this week, but economic uncertainty is bringing down homebuyer demand. Here’s what to do to lower your rate.

https://www.foxbusiness.com/real-estate/mortgage-rates-decrease-third-week-row

Mortgage rates decrease for third week in a row The PMMS 30-year mortgage rate released by Freddie Mac dropped for the third week in a row after reaching a 20-year high this year caused by Fed rate hikes.

https://money.yahoo.com/analyst-demand-for-housing-is-still-very-strong-164256870.html

Analyst: 'Demand for housing is still very strong' New single-family home sales rose unexpectedly in October.

https://finance.yahoo.com/news/housing-market-bottom-ryan-frazier-175109907.html

When Will The Housing Market Bottom? Ryan Frazier Weighs In The U.S. housing market is now slowing down after a record-breaking run that saw home values soar to new highs and mortgage rates drop to historic lows. Although demand and price growth are slowing, analysts and housing economists predict that any correction would be minor. Ryan Frazier, CEO of Arri...

https://nypost.com/2022/11/18/existing-home-sales-fell-in-october-for-ninth-straight-month/amp/ =16688827337706&csi=0&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s

Home sales plunge to lowest level in 10 years as prices stay high despite high mortgage rates Sales cratered 28.4% from October last year.

https://www.realtor.com/news/trends/home-prices-would-need-to-fall-this-much-for-buyers-to-get-a-break/amp/ =16680838184995&csi=0&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s

Home Prices Would Need To Fall This Much for Buyers To Get a Break Homebuyers are caught in a paradox. Even as home prices have begun to dip, the cost of purchasing a home has risen.

https://www.apartmenttherapy.com/real-estate-pros-best-kitchen-paint-color-37178940

We Asked 6 Real Estate Pros What the Best Kitchen Paint Color Is — Here's What They Said I love uniquely painted kitchens. There’s something about the sense of personality a kitchen can hold, along with all the people that gather in there, that calls to me. So if I see something like red, mint green, or even black, I’m thrilled. It appears, though, that I might be in the minority. I...

https://patch.com/new-jersey/freehold/lights-action-freehold

Lights, Action, Freehold! One of your neighbors posted in Community Corner. Click through to read what they have to say. (The views expressed in this post are the author’s own.)

https://www.foxbusiness.com/personal-finance/home-prices-decline-2023-recession-fannie-mae.amp =16674282351062&csi=0&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s

Home prices to decline in 2023, recession ahead: Fannie Mae forecast Fannie Mae forecasted that home prices will fall in 2023 and that GDP could contract once again at the end of this year. And while it predicted that a recession next year could be mild, it said there are still risks that could create a larger financial crisis.

https://finance.yahoo.com/amphtml/news/homebuyers-having-come-jesus-moment-130000848.html =16671295669519&csi=0&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s

Homebuyers are having a ‘come to Jesus’ moment as mortgage rates now top 7% — here’s when things are expected to get better Nationwide, the typical mortgage payment is up by $558 — about 40% — since the start of the year.

https://www.marthastewart.com/8331139/timeless-kitchen-trends

6 Timeless Kitchen "Trends" That Will Never Go Out of Style These are the timeless kitchen "trends" that will never go out of style, so you can use them as a guide whenever you're ready to give the heart of your home an update.

https://www.cnbc.com/amp/2022/10/25/home-prices-cooled-at-a-record-pace-in-august-sp-case-shiller-says.html =16667333910475&csi=0&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s

Home prices cooled at a record pace in August, S&P Case-Shiller says Home prices are higher than they were a year ago, but gains are shrinking at the fastest pace on record.

https://finance.yahoo.com/amphtml/news/prices-dropping-interest-rates-rising-182523944.html =16665170511870&csi=0&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s

With Prices Dropping And Interest Rates Rising, Is Now A Good Time To Invest In Real Estate? One of the biggest decisions a person will make is whether or not they will buy real estate — maybe a house, rental property, duplex or apartment building. Making such a decision can be very emotional, although it’s very important. It can be both exciting and frustrating to make an offer on a pr...

https://amp.cnn.com/cnn/2022/10/22/homes/us-home-prices-falling/index.html =16664720676281&csi=0&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s

Home prices are finally falling. But how low will they go? The US housing market is in the midst of a major shift. After two years of stratospheric price appreciation, home prices have peaked and are on their way back down.

https://www.bloomberg.com/opinion/articles/2022-10-15/best-time-to-buy-a-house-in-2022-could-be-right-now

Looking to Buy a House? It's Not the Worst Time Falling home prices make this a better time to invest in real estate, even with higher mortgage rates.

https://nypost.com/2022/10/17/home-asking-prices-tumble-at-record-pace-as-mortgage-rates-surge/amp/ =16660291516649&csi=0&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s

Home asking prices tumble at record pace as mortgage rates surge: data Steep mortgages are “pushing homebuyer sentiment down near its all-time low,” an economist said.

Another house in OLD BRIDGE is Under Contract thanks to E Street Realty!

4 Jacob St, Old Bridge, NJ 08857 IT'S HERE THE ONE YOU HAVE BEEN WAITING FOR! Bright and Beautiful, Open Concept Living! This freshly painted, well maintained, split level in sought after Sayrewood South features 3 bedrooms w/ optional 4th bedroom/office or playroom just off the den. Spacious kitchen w/ granite countertops and a do...

Closing Day in West Belmar!! Very happy for our sellers and welcome the new buyers to such a great neighborhood!!!

1719 L St, West Belmar, NJ 07719 One mile to the beach!! This cute and quaint 2 BR / 1 Bath Bungalow is awaiting its new owners! Handyman special and in need of updating. Spacious attic, basement and 1 car garage a huge plus! Lots of opportunity for the right buyer! Some improvements were made between 2001 and 2004 as per previous....

✨Under Contract in Middletown, NJ✨

https://finance.yahoo.com/amphtml/news/home-prices-will-fall-181344720.html =16627561630005&csi=0&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s

Growing share of Americans believe home prices will fall On net, the percentage of Americans who say home prices will go up decreased 9 percentage points month over month.

https://www.housedigest.com/993826/are-granite-countertops-going-out-of-style/

Are Granite Countertops Going Out Of Style? Recently, homeowners have begun to show rising interest in countertop options that compete with the tried and true value that granite brings to the table.

Under Contract in Neptune 😎

185 W Sylvania Ave, Neptune City, NJ 07753 Here is your chance to own a piece of Neptune City. This property is zoned Residential and Commercial, the possibilities are endless! Use it as your home at the Jersey Shore and be located 1.5 miles from the beach. Prime location as you are located near major highways, Shark River, hot shore towns a...

The E Street mindset:

We'll save you a little bit of money, we'll make a little bit of money and we'll both leave happier (or stay friends for life).