Why Mortgage Rates Just Hit a 9-Month High—What It Means for Buyers and Sellers

Why Mortgage Rates Just Hit a 9-Month High—What It Means for Buyers and Sellers

As summer unofficially begins, mortgage rates have climbed to their highest level in nine months, propelled higher by soaring energy costs stemming from the ongoing conflict in the Middle East. Freddie Mac... Read more »
Inside Westfield, NJ’s Most Infamous Real Estate Deal

Inside Westfield, NJ’s Most Infamous Real Estate Deal

David Barbosa is one of the most prestigious brokers in the idyllic suburb of Westfield, NJ, with regular listings valued in the multimillions. But in 2019, he was handed the strangest listing... Read more »
The ‘Exit Tax’ That Can Make Vacant Homes Worth Holding

The ‘Exit Tax’ That Can Make Vacant Homes Worth Holding

In a normal market, an empty home is a wasting asset: Equity sits trapped, no rent comes in, and the owner keeps paying property taxes, insurance, maintenance, utilities, and fees. But the... Read more »