Happy New Year! Happy New Home!?!?
Updated: Apr 28, 2021
Welcome to 2021 folks! It has been a wild ride to say the least. I wish for everyone to have a healthy, productive, peaceful, fulfilling and prosperous new year. While I don't follow the school of thought in making "new year's resolutions," I do believe in intentionally shifting behavior (s) and making new habits. For me, self-care is at the top of my list; my close second? Investments.
For those of you still in the market to buy your first house (or upgrade on your existing one), you may feel less inclined to push forward with the new year underway. I understand there is still much uncertainty with all things considered and it may feel overwhelming at times keeping up with all the real estate noise. Well I am here to tell you that you are NOT too late. Rates are still falling within a all-time low and while the lift in prices may seem daunting, with low rates you net out pretty much on equal ground compared to pre-covid prices.
Take a look at the Union County NJ local markets stats for December 2020 (see above for reference). Not only were there more homes on the market for you to choose from, but the increase is less than 11% compared to the previous year. Combine that with the attractive interest rates being offered and you may find yourself in a very sweet spot.
If you are still on the fence, follow me on Facebook @prenarealestate for weekly insights and when you're ready give a call so that my team and I can help your 2021 goals come to fruition!