Buy and Sell with Luell

03/13/2024

Single Family Homes and Condo average and median sales year over year priced in for Monmouth and ocean county New Jersey. Will BTC help housing affordability in the medium term?

03/08/2024

New Jersey Single Family Median Home Sales year-to-date priced in bitcoin.
Data in USD from

01/19/2024

CNBC also stating rates are expected to drop below 6% this year. Small changes equate to huge savings when borrowing money!

Mortgage rates decreased this week, reaching their lowest level since May of 2023. This is an encouraging development for the housing market and in particular first-time homebuyers who are sensitive to changes in housing affordability. However, as purchase demand continues to thaw, it will put more ...

12/13/2023

Fed leaves rate as is and gets a boost amongst other RE firms.

09/29/2023

Whether you and your family are looking to or in you’re in good hands!
Send me a message if you’re curious about your current

08/26/2023

Lowest level since ‘95!

for longer will cause a stalemate for and . will be prevalent.

08/17/2023

30 yr fixed mortgage rate climbs to the highest level in 21 years!

The economy continues to do better than expected and the 10-year Treasury yield has moved up, causing mortgage rates to climb. The last time the 30-year fixed-rate mortgage exceeded seven percent was last November. Demand has been impacted by affordability headwinds, but low inventory remains the ro...

08/10/2023

Mortgage rates hovering near 7%

For the third straight week, mortgage rates continued creeping up and are now just shy of seven percent. There is no doubt continued high rates will prolong affordability challenges longer than expected, particularly with home prices on the rise again. However, upward pressure on rates is the produc...

08/09/2023

Market Data out for July 2023 for Monmouth County and Ocean County New Jersey for Single Family Homes and Condominiums.

Data shows we are still limited with inventory and prices are increasing marginally.

07/30/2023

Trend reversal! Pending sales now tipping in the right direction.

07/28/2023

Check these out to boost your home’s value!

What pays off the most when it comes to curb appeal?