5 Ways the Newark Real Estate Industry is Changing in 2023

While some basics about real estate will never change, the industry is constantly modified to keep in step with economic changes, updates to industry standards, technological advances and shifts in real estate trends. Along with all this, lawmakers are continually updating the tax codes which affect real estate transactions. Keeping your eyes on the horizon … Continued

How a Hybrid Agent Can Help You Buy the Perfect Property in Newark

Naturally, you want to buy the perfect property in Newark. But, for many buyers, their first thought is to find an excellent real estate agent to help them find their new home, unaware of how working with a hybrid agent offers advantages over the traditional option. Primarily, buyers seek the guidance of those experienced with … Continued

5 People to Partner With When Selling Your House in Newark

When selling your house, you will encounter many people and potential buyers walking through during showings. For those considering listing on your own to save money, you should know that the abysmal statistics show that only 8 percent of successful home sales are FSBO. They sell for much lower than they would with an agent; … Continued

What Newark Real Estate Buyers and Sellers Can Expect in 2023

A renewed focus on homeownership brought about by the pandemic changed the perspective of the population that would generally be renters. As a result, Newark real estate investors should be aware that this driving force is now cooling and consider adjusting their investment strategy accordingly. So read on as we explore what Newark real estate … Continued

5 Things Great Newark Real Estate Agents do That Go Above and Beyond

Most real estate agents have the basic necessary training and skill to get the job done. They have communication skills, negotiating expertise, and knowledge of the local market. But most buyers/sellers want more than pretty good or just adequate. A truly great agent, though, can make all the difference in the complex, anxiety-inducing process of … Continued

What is a Housing Bubble? And is Newark in One?

“Housing bubble” (or “real estate bubble”) is a term you hear a lot these days. It pops up frequently in conversations about the real estate market. And you’re probably aware (at least vaguely) that we had one just a few years –  one that burst dramatically. So, like most of us, you’re probably wondering what … Continued

What Newark Buyers and Sellers Need to Know About Real Estate Contingencies

Contingencies are common in real estate contracts, but, unfortunately, buyers and sellers often don’t understand them as well as they should. Generally, contingencies protect buyers, but there are important ramifications and implications for sellers too. Read on, then, to find out what [marekt_city] buyers and sellers need to know about real estate contingencies. What Are … Continued

Property Tax Basics for Homeowners in Newark

Property taxes make up a big chunk of the total tax burden for homeowners, so it pays to have some understanding of this tax. Certainly, we need funding for public services and infrastructure, which are funded by property taxes, but no one wants to overpay. And a good way to ensure you aren’t being overcharged … Continued

What is a Double Close and How Does it Impact Home Sellers in Newark?

The real estate industry has been undergoing some drastic changes over the past few years, and it can be a bit dizzying trying to understand what’s going on when you’re approached by professional buyers. Let’s demystify some terminology of real estate wholesalers by learning what a double closing is, and how it impacts home sellers … Continued