Mario Cholvi Vidal- Realtor

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Mario Cholvi Vidal- Realtor I’m an agent with New Direction Realty, that takes pride and focus on providing a service that goe

10/26/2026

New Homes Compete Below Resale Prices
It’s not every day that we see new construction homes competing head-to-head with resale prices, but that’s exactly what’s unfolding across the country. Builder incentives are challenging the old assumption that new homes always come with a higher price per square foot. This shift stems from two main supply dynamics: builders are eager to move completed inventory, while many current homeowners are holding back from listing, which keeps resale inventory tight and competition strong. For years, new homes typically meant paying a premium, but recently, builders have responded to market pressures by lowering prices and rolling out more incentives. If you’re weighing your options as a buyer, remember: your negotiation leverage is strongest in neighborhoods where builders have plenty of available homes. In areas where new construction is scarce, resale sellers may still have the upper hand. As always, the balance of power could shift again—if the pace of new-home building slows, these discounts might not last. Having worked my way up from hands-on construction to guiding buyers and sellers as a real estate agent, I’m always focused on helping you understand where real value can be found, rooted in trust, respect, and integrity.

Ready or Not: New Jersey's Construction Code Just ChangedBig news for anyone involved in New Jersey real estate: the 202...
10/25/2026

Ready or Not: New Jersey's Construction Code Just Changed
Big news for anyone involved in New Jersey real estate: the 2024 Uniform Construction Code has officially arrived. As someone who's worked my way up from hands-on construction to senior training agent, I can tell you these changes—covering building, mechanical, electrical, plumbing, fire, and energy codes—aren’t just regulatory updates. Raised insulation standards and enhanced fire safety mean homes are becoming safer and more efficient, though you'll notice stricter documentation and coordination requirements. Yes, initial costs are going up, but the long-term savings and peace of mind for homeowners make this a worthwhile shift. My background in electromechanics and years in the field remind me how crucial it is to stay ahead of these updates, both for clients and fellow agents.


https://www.housing-trends.com/agent-news/mario-cholvi-vidal/1958358-Ready-or-Not%3A-New-Jersey%27s-Construction-Code-Just-Changed

How To Help Prevent Home Title Theft: Warning Signs and TipsHome title theft is an often-overlooked risk that can have s...
10/24/2026

How To Help Prevent Home Title Theft: Warning Signs and Tips
Home title theft is an often-overlooked risk that can have serious consequences—criminals may forge documents to transfer your property’s ownership, opening the door to unauthorized sales or loans. I’ve seen how homeowners, especially seniors, those with vacation homes, and owners with significant equity, can be targeted. My background in construction and electromechanics taught me the importance of safeguarding what you’ve built, and that principle carries over to real estate as well. Take proactive steps: regularly monitor property records and keep your personal information secure. Protecting your investment means staying vigilant.


https://www.housing-trends.com/agent-news/mario-cholvi-vidal/2100904-How-To-Help-Prevent-Home-Title-Theft%3A-Warning-Signs-and-Tips

Cities with the fastest-growing home prices in New JerseyAs someone who’s worked in New Jersey real estate for years—and...
10/23/2026

Cities with the fastest-growing home prices in New Jersey
As someone who’s worked in New Jersey real estate for years—and with a foundation in construction and electromechanics—I’ve seen firsthand how dramatically home prices can shift. Right now, several NJ cities are experiencing remarkable growth, with property values ranging from $1.1M to $4.5M. Over just the past year, prices have climbed by 7% to 22%, with some homes gaining as much as $671K. If we look back five years, the increase is even more striking: nearly 80%, with a few areas seeing gains over $1.8M. These numbers highlight just how dynamic our local market is—and why a clear understanding of these trends is key for buyers and sellers alike. My approach has always been built on trust, respect, and integrity, helping clients navigate this fast-moving landscape with confidence.


https://www.housing-trends.com/agent-news/mario-cholvi-vidal/2119727-Cities-with-the-fastest-growing-home-prices-in-New-Jersey

10/22/2026

U.S. Active Listings Rise 5.6%
Active listings in the U.S. have ticked up—by late Q3 2026, we saw a roughly 6% year-over-year increase. That’s the third consecutive month of faster annual growth, which is giving buyers a bit more leverage at the negotiating table. This follows a quieter period in late Q2 2026, when annual growth had slowed to just about 2%, a big change compared to the 17% pace we saw the previous year. Even with this recent bump, national inventory remains just below pre-pandemic levels—late Q3 reported 1.16 million active listings, about 5% under the 2019 benchmark.

With mortgage rates and long-term yields at two-year highs, demand has cooled, and as we settle into the slower season, buyers are finding a little more room for negotiation. If you want a clearer sense of your local market, I always recommend comparing current active listings per 1,000 households with the 2018–2019 average. Having worked my way up from the trades and now guiding clients through market shifts as a senior agent, I can say that understanding these trends—grounded in real numbers and historical context—is crucial for making informed decisions, whether you’re buying or selling.

10/21/2026

Homebuyers Can Shape Their Mortgage Rate
It’s fascinating to see just how much power buyers have when it comes to shaping their mortgage rate. A recent analysis of 1.35 million US purchase loans (from early 2023 through late 2025) showed there’s a wide spread in the rates that borrowers received—even within the same month. Most buyers fell within a 93-basis-point range, which, on a $2,000 monthly budget, can mean about $28,400 difference in home price. The biggest factor? Credit scores. If you can move your score from the high 600s up to 720, you’re in a much better position, with key cutoffs at 700 and 720. But don’t overlook lender competition: comparison shopping can save you around 19 basis points (roughly $5,800). Interestingly, putting 20% down barely nudged the rate—just 0.7 basis points—but it does help you skip mortgage insurance, which is where real savings appear. With my background in construction and electromechanics, I always encourage clients to think strategically and look at the numbers from every angle. The details matter, and having a trusted guide makes a real difference.

10/20/2026

How Homebuyers Are Learning Valuable Lessons in 2024
It’s eye-opening to see how many homeowners—nearly 87%—are caught off guard by unexpected repairs and ongoing costs, with hidden expenses climbing over $21,000 a year. Only 44% say they like their home more now than when they bought it, often pointing to surprises with property taxes, upkeep, or feeling they overpaid. From my years in real estate and my background in construction, I’ve seen firsthand how crucial it is to dig into the details before making that big move. Knowing what to look for in location, appearance, and long-term costs can make all the difference between buyer’s regret and lasting satisfaction. Trust and preparation go a long way toward a sound investment.

10/19/2026

New Homes Offer Better Value Nationwide
As someone who’s spent years in construction before moving into real estate, I’ve seen firsthand how new builds are shaping up to be a real value play across the country. Right now, builders are stepping up with price cuts and incentives—options that most resale sellers just can’t match. With many homeowners holding tight to their current mortgages, the supply of existing homes remains limited, so new construction is standing out for buyers weighing cost and flexibility. In areas with lots of building activity, we’re seeing how increased supply brings more affordable choices and keeps builders competitive. It’s not just about the price tag—perks like mortgage rate buydowns are also on the table, making it smart for buyers to compare both new and resale options. But keep in mind: if building permits keep slowing, these affordability gains might not last. Supporting continued construction and streamlined local regulations is key for keeping options open for everyone.

10/18/2026

We had such a great experience on our home search with Mario, we can’t recommend him enough! His exp...
Let’s connect and talk about the latest insights in the industry!

Fixer-Upper Houses: What Home Shoppers Should KnowThinking about a fixer-upper? As someone who’s moved from swinging a h...
10/18/2026

Fixer-Upper Houses: What Home Shoppers Should Know
Thinking about a fixer-upper? As someone who’s moved from swinging a hammer to guiding clients as a senior training agent, I’ve seen how these homes can open doors to affordability and creativity. Renovation loans can help you bundle the cost of the home and needed repairs—often with favorable rates. Before making an offer, always get thorough inspections and solid repair estimates. I recommend budgeting an extra 10–20% as a buffer for unexpected delays or costs. Careful planning—rooted in trust and respect—can turn a fixer-upper into a rewarding investment.


https://www.housing-trends.com/agent-news/mario-cholvi-vidal/2059505-Fixer-Upper-Houses%3A-What-Home-Shoppers-Should-Know

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18 Oliver Street , Suite 301
Newark, NJ
07102

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