Prepping your home for Summer Rentals
Summer Rentals – Owning a vacation rental property can be a lucrative investment, but it comes with its own set of responsibilities. To ensure a seamless and enjoyable experience for your guests, proper preparation is key. In this blog post, we’ll provide you with top tips for property owners on how to prepare your vacation […]
5 Home-Buying Trends That Will Define 2025, Experts Say
As the real estate market continues to evolve, experts are predicting key trends that will shape the home-buying landscape in 2025. It’s no secret that the housing market has experienced unprecedented highs and lows since the pandemic. To prepare for these constant changes, real estate experts monitor the industry to predict the next big trends for homebuyers. […]
How To Buy a Home Without Waiting for Lower Rates
Many people are hoping mortgage rates will come down before they buy a home. But will that actually happen? According to the latest forecasts, experts say rates will decline, but not by as much as a lot of people want. The good news? Even if they don’t drop substantially, there are still ways to make […]
The Perks of Buying a Fixer-Upper
There’s no denying affordability is tough right now. But that doesn’t mean you have to put your plans to buy a home on the back burner. A fixer-upper can be the happy medium you are searching for. If you’re willing to roll up your sleeves (or hire someone who will), buying a house that needs […]
The Real Benefits of Homeownership
Have you been wondering whether you should keep renting or finally make the leap into homeownership? It’s a big decision, and let’s be real — renting can feel like the easier option, especially if buying a home feels out of reach. But here’s the thing: a recent report from Bank of America highlights that 70% of prospective buyers fear the long-term […]
A Record Percent of Buyers Are Planning To Move in 2025 – Are You?
This could be the year to sell your house – and here’s why. According to a recent NerdWallet survey, 15% of people are planning to buy a home this year. That’s actually a record high for this survey (see graph below): Here’s why this is such a big deal. The percentage has been hovering between 9-11% since 2020. This […]
Today’s Biggest Housing Market Myths
Have you ever heard the phrase: don’t believe everything you hear? That’s especially true if you’re thinking about buying or selling a home in today’s housing market. There’s a lot of misinformation out there. And right now, making sure you have someone you can go to for trustworthy information is extra important. We’re here to bust some of the biggest housing […]
Learn What’s New for Buyers, Sellers, Agents – NJ Real Estate
Agents, buyers and sellers have different rules to abide by. New Changes and Rules for Real Estate impact both sellers and buyers. Here at The Connolly Agency, we are well versed and prepared to walk you through every step of the way. The new legislation was created to protect both the consumer and real estate […]
First Half of 2024 Compared to First Half of 2023
Asbury Park For the half of 2024 36 homes sold in Asbury Park. The average sales price was $853,055 which is an increase of 31% from 2023. The average days on the market were 36 and homes sold for 95% of list price. Avon by the Sea For the first half of 2024 […]
Housing Market Forecast: What’s Ahead for the 2nd Half of 2024
As we move into the second half of 2024, here’s what experts say the housing market forecast looks like. From home prices to mortgage rates and home sales, here is what’s expected. Home Prices Are Expected To Climb Moderately Home prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven […]