Veera Realty Group

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Veera Realty Group Licensed REALTOR® @ eXp Realty

10/15/2026

Mortgage Rates Aren’t Backing Down Yet
As we move through the rest of the year, mortgage rates are likely to remain close to 7%. That means affordability will continue to be a challenge unless inflation eases and the Fed adjusts its course. Persistent inflation and the potential for another Fed rate hike could push borrowing costs even higher, and wider spreads in mortgage-backed securities are adding to the pressure. For a real shift downward in rates, we’d need consistent progress against inflation, steady long-term yields, positive signals from the Fed, and healthier MBS spreads. Whether you’re considering buying, investing, or refinancing here in Central Jersey, it’s wise to plan around the rates we’re seeing now and view any future rate relief as a bonus. Staying informed on these trends helps you make sound decisions in our local market.

10/14/2026

Price Cuts Hit 1 in 5 Listings
This past Late-Q3 brought notable shifts in the market, with about 1 in 5 listings undergoing price cuts—a sign that many sellers chose to adapt rather than exit, as delistings stayed under 6% nationwide. Mortgage rates, tracked by leading data providers, saw the conforming 30-year fixed rise from the high-6% range at the start of the month to above 7% by mid-month, and continued to climb. At the same time, active inventory surpassed 1.16 million homes. The median listing price dipped slightly, down about 1% month-over-month to $419,300, which opened up a bit more room for negotiation for buyers. New listings also edged down around 2% to approximately 395,000. Economists point out that elevated borrowing costs are still limiting buyers’ ability to take full advantage of the increased leverage a higher inventory typically offers. As we move into Early-Q4, much attention is on whether these conditions will lead to deeper discounts, more frequent price reductions, and longer selling times across the country. In Central Jersey, where I specialize in everything from single family homes to investment properties, these national trends are shaping local conversations and strategies for both buyers and sellers.

I feel so fortunate to have connected with the incredible Jay and Ashley Nelson  at eXpCON in Salt Lake City! 🏔️✨Like ma...
10/14/2026

I feel so fortunate to have connected with the incredible Jay and Ashley Nelson at eXpCON in Salt Lake City! 🏔️✨
Like many agents, I’ve spent plenty of time debating whether to scale a team or crush it as a solo agent. On one hand, you see mind-blowing team volume; on the other, the independence of running solo. Right when I needed clarity, Jay worked his magic and pointed me to the "Solo to 7 Figures" session by Jill Rufus. It was an absolute game-changer—they made building a 7-figure income feel so clear and achievable. 💼🚀

To top it all off, I received an invite to their team Happy Hour. For two solid hours, Jay introduced me to his friends and team members—not just once, but almost 10 to 15 times! I’m nobody special to him yet, but he and Ashley made sure I felt welcomed, valued, and cared for the entire evening. Their philosophy is simple yet powerful: BE GOOD AND DO GOOD. 💯

Nashville is officially on my radar—next time I'm out there, catching up with Jay Nelson is a must!

10/14/2026

Stunning and beautiful freshly painted 2 Bed Rooms, 2 Bath Condo in highly sought-after Celebrations Community,South Plainfield.The cozy eat-in kitchen features stainless steel appliances and granite countertops, while the large living/dining combo room offers a perfect space for casual dining and entertainment.Both bedrooms are generously sized, boasting large windows, closets, and plenty of natural light. The convenience of in-unit laundry adds to the appeal. Enjoy sliding doors in the living room,leading to a private balcony ideal for relaxing outdoors.With ample storage space, you'll have room for all your seasonal and extra items, keeping your living areas clutter-free. The community offers top-notch amenities, including a clubhouse, gym, playground, and an outdoor pool. Conveniently located close to public transportation and shopping, this condo is a must-see. Bonus additional storage comes with the unit. Schedule your visit today ,this opportunity won't last long!

What a week spent at eXpCON Salt Lake 2026! 🔥🏔️The message was clear: Built by Agents. Built for Agents.My first eXpCON ...
10/14/2026

What a week spent at eXpCON Salt Lake 2026! 🔥🏔️
The message was clear: Built by Agents. Built for Agents.

My first eXpCON since i joined this lovely company. Not sure why i missed last few years.. No idea. This is completely new world to me , i witnessed this last week from Oct 7th - 9th being part of this massive real estate brokerage in the world.

eXp continues to invest in the tools, technology, and opportunities that help agents build stronger businesses and serve their clients at a higher level.

Here are a few of the big announcements:
🤖 MCP First: Connecting the AI tools agents already use, including ChatGPT and Claude, directly to the eXp ecosystem.
🏡 ShowGo: New opportunities for agents to cover showings and open houses across the network.
🔑 eXp Ready: Seller home-preparation funding of up to $50,000, paid back at closing or under the program’s repayment terms.
💰 Revenos Mortgage: A new joint venture with Newrez, expected to launch in 2027.
🌎 eXpCON 2027: Three events announced in Calgary, London, and Anaheim.
For me , this is what makes being part of eXp exciting. We’re building a business in an environment that continues to evolve, innovate, and create new opportunities for agents and the clients we serve.

The real value isn’t just attending a conference. It’s taking what you learn, putting it into action, and bringing it back to your business.
The future belongs to agents who keep learning, adapting, and executing. 💚 JOIN US!

10/13/2026

What does a home warranty cover and what's excluded?
When it comes to protecting your investment, understanding what a home warranty actually covers can make a real difference. Home warranty plans are designed to help with the cost of repairing or replacing major systems and appliances—think HVAC, plumbing, or your kitchen appliances. You can choose coverage for just the systems, just the appliances, or a combination of both, and there are optional add-ons to tailor your plan. It’s important to note that warranties don’t cover structural elements or any preexisting conditions, so those are always excluded. Each provider’s coverage details and limits can be quite different, so I always advise my clients to review the fine print carefully before making a decision. Having worked with a range of property types here in Central Jersey, I’ve seen how the right warranty can offer peace of mind as you settle into your home.

10/13/2026

Imagine movie nights in your own theater plus a sunny kitchen spa inspired suite private deck and lively community amenities near excellent schools

10/12/2026

Housing Data Gives Buyers More Leverage
As we move through late Q3, the housing market is offering buyers more leverage than we've seen in a while. Around 21% of active listings have seen price cuts, and inventory has climbed to over 1.16 million homes—now within about 9% of pre-pandemic levels. Despite this increase in options, buyer activity remains cautious; homes under contract fell roughly 4% year-over-year for the second straight month, as higher mortgage costs continue to make affordability a real concern. Median list prices nationally hover near $419K, down about 1% both month-over-month and year-over-year, with price per square foot also slipping by about 2% compared to last year. Sellers are still active in the market, with about 6% of listings delisted—holding steady from last year—but many are reducing prices and becoming more open to negotiation. The next few months will reveal if further price adjustments will boost contract signings, or if a combination of rising supply and softer demand will extend this period of market adjustment. As a local Central Jersey agent with experience across a variety of property types, I’m always watching these trends closely to help my clients make informed decisions.

10/11/2026

Honoring the Significance of Indigenous Day

Here are the best places to live in New Jersey, according to US NewsUS News recently highlighted Clifton, Jersey City, a...
10/11/2026

Here are the best places to live in New Jersey, according to US News
US News recently highlighted Clifton, Jersey City, and Bayonne as the top three places to live in New Jersey for 2026-2027. These communities earned their spots thanks to strong value, livability, job opportunities, and overall quality of life. With median home values between $463K and $564K, each area offers something unique for those seeking a great place to call home. As someone who helps clients explore a variety of property types across Central Jersey, I always keep an eye on these trends to guide your choices toward neighborhoods that truly fit your goals.


https://www.housing-trends.com/agent-news/veera-bodavula/2065115-Here-are-the-best-places-to-live-in-New-Jersey%2C-according-to

Address

505 Thornall Street
Edison, NJ
08837

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Monday 9am - 8pm
Tuesday 9am - 8pm
Wednesday 9am - 8pm
Thursday 9am - 8pm
Friday 9am - 8pm
Saturday 9am - 8pm
Sunday 9am - 8pm

Telephone

+17325863280

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