The Crown Group

The Crown Group Cell: 973-479-1322
Office: 866-201-6210 x1962
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09/07/2023
Homebuyers Are Getting Used to the New NormalBefore you decide to sell your house, it’s important to know what you can e...
07/18/2023

Homebuyers Are Getting Used to the New Normal

Before you decide to sell your house, it’s important to know what you can expect in the current housing market. One positive trend right now is homebuyers are adapting to today’s mortgage rates and getting used to them as the new normal.

Rates have been between 6% and 7% pretty consistently for the past nine months.

According to Lawrence Yun, Chief Economist at NAR, mortgage rates play a significant role in buyer demand and, by extension, home sales. Yun highlights the positive impact of stable rates: “Mortgage rates heavily influence the direction of home sales. Relatively steady rates have led to several consecutive months of consistent home sales.”

As a seller, hearing that home sales are consistent right now is good news. It means buyers are out there and actively purchasing homes. Here’s a bit more context on how mortgage rates have imp...



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Before you decide to sell your house, it’s important to know what you can expect in the current housing market. 

Are you a seller worried buyer demand has disappeared because of today’s mortgage rates? Know this: homebuyers are adjus...
07/17/2023

Are you a seller worried buyer demand has disappeared because of today’s mortgage rates? Know this: homebuyers are adjusting to the new normal and are still active today. If you’ve been on the fence about selling your home, let’s connect to chat about how your house could still sell quickly in today’s market.



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If you’re working remotely or only going into the office a couple of days, you may not need to limit your homebuying opt...
07/16/2023

If you’re working remotely or only going into the office a couple of days, you may not need to limit your homebuying options based on your office’s location. Remote work allows you to broaden your search radius to include more affordable options outside of your traditional commute. DM me today if you’d like to cast a wider net when looking for your next home.



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How Remote Work Expands Your Homebuying HorizonsEven as some companies transition back into the office, remote work rema...
07/15/2023

How Remote Work Expands Your Homebuying Horizons

Even as some companies transition back into the office, remote work remains a popular choice for many professionals. So, if you currently enjoy working from home or hope to be able to soon, you’re not alone. According to a recent survey, most working professionals want to work either fully remote or hybrid.

This trend is good news if you’re looking to buy a home because a remote or hybrid work setup can help you overcome some of today’s affordability and housing inventory challenges.

More Work Flexibility Equals More Home Options

Remote or hybrid work opens up a world of opportunities. That’s because it allows you to broaden your search for your next home since you’re no longer limited to living close to your workplace.

An article from the NYT highlights how remote work can greatly assist you in overcoming that challenge: “....



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Even as some companies transition back into the office, remote work remains a popular choice for many professionals.

Low Housing Inventory Is a Sweet Spot for Sellers [INFOGRAPHIC]Today’s housing inventory is still well below more normal...
07/14/2023

Low Housing Inventory Is a Sweet Spot for Sellers [INFOGRAPHIC]

Today’s housing inventory is still well below more normal years. This low inventory is why homes that are priced right are still selling quickly and seeing multiple offers. If you want to sell your house, now is a great time because inventory is still low. Let’s connect to start the process.



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Today’s housing inventory is still well below more normal years.

07/13/2023

Expert Insights for the Rest of the Year in Housing

Here’s what experts have to say about what lies ahead for inventory, mortgage rates, and home prices. Let's connect so you know what to expect in the housing market for the rest of the year.



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Renting or Selling Your House: What's the Best Move?If you’re a homeowner ready to make a move, you may be thinking abou...
07/12/2023

Renting or Selling Your House: What's the Best Move?

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years.

While a short-term rental can be a tempting idea, you may find the reality of being responsible for one difficult to take on. Here are some of the challenges you could face if you rent out your house instead of selling it.

>>A Short-Term Rental Comes with Responsibilities

Successfully managing your house as a short-term rental takes a lot of time and effort. You’ll have to juggle tasks like dealing with reservations, organizing check-ins, and tackling cleaning, landscape, and maintenance duties. Any one of those can feel demanding, but all toge...



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If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. 

Momentum Is Building for New Home ConstructionIf you’re in the process of looking for a home today, you know the supply ...
07/11/2023

Momentum Is Building for New Home Construction

If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options. And, if your biggest hurdle right now is that you’re having trouble finding something you like, don’t forget that a newly built home is a great option.

According to the latest report from the Census, builders are matching the long-term average for completions right now. And residential starts and permits are also gaining momentum. Since both are up, it’s a sign there are even more newly built homes coming soon.

More newly built homes in various stages of the construction process means your pool of options just got bigger. If you’re looking to move right now and timing is important to you, reach out to a local real estate professional to explore the homes that were...



Message me for more information.

If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options.

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28 Valley Road, Suite 1
Montclair, NJ
07042

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