Central NJ Real Estate Housing Market Report & NJ Homebuyer Rebate Program
Oct 3, 2017
Gold Mark Realty LLC has launched a new report on the housing market for buyers and sellers. This makes it easy for home buyers to find their dream property with search options & a range of market listings & discusses use of a Buyer Rebate.
Howell, United States - October 3, 2017 /PressCable/ —
A new housing market report has been launched by Gold Mark Realty LLC, based in Howell, NJ, showcasing some of the trends of the quarter and what people can have to look forward to for the rest of the year. It explains that fall is strong as summer closes out with increased closings, but that rates are still low at 3.90%.
More information can be found at: http://goldmarkrealtyllc.com.
The owner of Gold Mark Realty, Efstratio Maravelias, has speculated that the continual improvement of the job market has helped increase sales beyond the summer season. He explained that jobless rates are down, and weekly earnings have been up, with people still interested in buying homes.
The report indicates that inventory rates are proving that, because they have declined when compared to this time last year. Inventory levels were down market wide, and demand is strong.
Keith Gumbinger, the Vice President of HSH.com said: “We have tremendous demand for housing, but there is nothing available to buy.”
This comes after the median existing house price climbed to $252,800 in May, according to the National Association of Realtors. This exceeds the peak hit in June of 2016, which was $247,600.
Despite the fact that the Federal Reserve has begun raising interest rates, mortgages have been hovering below 4% recently. Last week, the average rate of a 30-year fixed mortgage ticked down to 3.90%.
Gold Mark Realty has a full service real estate brokerage based out of Howell, NJ. It offers incentives to buyers who meet certain guidelines. The company website has a powerful search tool so that home buyers can track down their ideal property using a range of different parameters.
This can help people to find condos, houses, multi-family properties and land in the local area, so that they can get the best deal for themselves and their family when looking to move home.
Full details can be found on the URL above, where interested parties can get in touch using the contact details provided on site.
Contact Info:
Name: Efstratio Steve Maravelias
Email: Send Email
Organization: Gold Mark Realty LLC
Address: 14 Northgate Drive, Howell, NJ 07731, United States
Phone: +1-908-278-3496
For more information, please visit http://goldmarkrealtyllc.com/
Source: PressCable
Release ID: 245243
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