Now is a GREAT time to buy a home from Paul R Hauke, Realtor Associate & Prudential Zack Shore Properties…
By Paul R Hauke, BA MBA Auctioneer Realtor Associate
Ignore all the negative media attention about the “mortgage meltdown”. Keep in mind that the mortgage industry woes are primarily in the states of Ohio, Nevada, Florida, California, Michigan, etc. and mostly involve subprime loans and other types of creative and comparatively risky financial products. There is plenty of conventional financing available for qualified homebuyers.
If you want to buy a Jersey Shore Vacation Home and can afford it, now is a greatest time to buy. Mortgage interest rates are low and getting lower every day. Buyers have great inventory to choose from and sellers are more than willing to negotiate. Homeownership, including a New Jersey Shore Vacation Home, continues to be a great way for wealth building.
This is a very strong buyer’s market. Take advantage of it and buy a vacation home at the Jersey Shore. Don’t let the national real estate market , especially troubled states as mentioned above, misleed you. The local Jersey Shore Real Estate Market is strong.
Right now there are many homes from which to choose from along the New Jersey Shore and in most areas buyers and sellers won’t be dealing with multiple bids, as was almost the norm two to three years ago. Speculative buying is no longer as popular as it was years ago either. This all adds up to a great time for buyers to deal with serious and motivated sellers. And buyers have stronger price negotiation power as sellers compete for their attention.
Why is real estate still a good deal? Well take a look at what the National Association of Realtors research has shown:
-
On average, the value of a home doubles every 10 years. During the past three decades, home values have increased an average of 6.6% per year.
-
The average homeowner today has 36 times the wealth of the average renter. Homeowners are essentially paying themselves when they pay their mortgages and this means they’re building equity. Homeowners also benefit from some real estate-related tax write-offs like mortgage interest.
-
Sixty percent of the average homeowner’s wealth is their home’s equity. For homeowners who are in their homes for the long-term, home equity typically is their single largest source of wealth.
So when it comes time to buy or sell a home along the Jersey Shore you need a qualified local real estate specialist. One who know’s what’s happening in the Jersey Shore Marketplace. Now is the time. Call Paul R Hauke, BA MBA Auctioneer, Realtor Associate today.
For sellers, Prudential Zack Shore Properties and Paul R Hauke, BA MBA Auctioneer, Realtor Associate now offer the professional real estate auction program. Call Paul to see how we can market your house and sell your house in “less than thirty (30) days”. Paul sells residential and commercial real estate by auctions.
For sellers who want to sell their home fast by regular means or by auction here are five important tips.
-
Price It Right
-
Make Your Home Irresistible
-
Create Traffic
-
Go With A Professional
-
Offer Incentives
To search real estate for sale along the Jersey Shore go to www.prudentialproperties.net
Paul R Hauke, BA MBA
Auctioneer Realtor Associate
PRUDENTIAL ZACK SHORE PROPERTIES
401 Spier Ave.
Allenhusrt, NJ
Office 732-988-4499 ext 123 cel 732-899-8952