Thursday, July 31, 2014

Free Report: 10 EASY Steps to Buying a Home

Get your FREE Report on 10 Easy Steps to Buying a Home.

Most home purchasers do little or no research before they invest their nest egg. Doesn’t it make sense to become as completely informed as possible before you buy your first home? This special report is designed to help guide you through some of the basics of the home-buying process. The right real estate professional can help you make good sound business decisions based on your personal situation.

Get your FREE Report on 10 Easy Steps to Buying a Home.

Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. You can reach Rahul and Smitha and their team online at: www.Morris-Homes.com or www.SRRealEstateGroup.com.


Their team specialize in North Central New Jersey including towns such as BoontonChathamMadison,Chester,Convent StationDenvilleEast HanoverFlorham ParkHanoverHarding Twp.MendhamMontvilleMorristown,Morris Plains,Morris Twp.Mountain LakesParsippanyRandolphRockawayWhippany.

Tuesday, July 8, 2014

Free Report: How and Why to Buy a Home in a Changing Market and Avoid the Mistakes That Stop Most Buyers from Capitalizing on the Opportunities Available Today

Get Your Free Report on How and Why to Buy a Home in a Changing Market and Avoid the Mistakes That Stop Most Buyers from Capitalizing on the Opportunities Available Today.


Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. You can reach Rahul and Smitha and their team online at: www.Morris-Homes.com or www.SRRealEstateGroup.com.


Their team specialize in North Central New Jersey including towns such as Boonton, Chatham, Madison,Chester,Convent Station, Denville, East Hanover, Florham Park, Hanover, Harding Twp., Mendham, Montville, Morristown,Morris Plains,Morris Twp., Mountain Lakes, Parsippany, Randolph, Rockaway, Whippany.

Free Report: 7 Key Reasons Smart Homeowners Move Up at the Start of a Real Estate Recovery Cycle

Get Your Free Report on 7 Key Reasons Smart Homeowners Move Up at the Start of a Real Estate Recovery Cycle.


Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. You can reach Rahul and Smitha and their team online at: www.Morris-Homes.com or www.SRRealEstateGroup.com.


Their team specialize in North Central New Jersey including towns such as Boonton, Chatham, Madison,Chester,Convent Station, Denville, East Hanover, Florham Park, Hanover, Harding Twp., Mendham, Montville, Morristown,Morris Plains,Morris Twp., Mountain Lakes, Parsippany, Randolph, Rockaway, Whippany.

Wednesday, July 2, 2014

Free Guide: 23 Items to Consider When Selecting a Contractor

Get Your Free Guide On 23 Items to Consider When Selecting a Contractor.


Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. You can reach Rahul and Smitha and their team online at: www.Morris-Homes.com or www.SRRealEstateGroup.com.


Their team specialize in North Central New Jersey including towns such as Boonton, Chatham, Madison,Chester,Convent Station, Denville, East Hanover, Florham Park, Hanover, Harding Twp., Mendham, Montville, Morristown,Morris Plains,Morris Twp., Mountain Lakes, Parsippany, Randolph, Rockaway, Whippany.

Tuesday, July 1, 2014

4 Reasons to Buy Your Home Now!

Here are four great reasons to consider buying a home today, instead of waiting.

1. Prices Will Continue to Rise

The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report projects appreciation in home values over the next five years to be between 30.8% (most optimistic) and 9.4% (most pessimistic).

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates Are Increasing

Although Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have softened recently, most experts predict that they will begin to rise later this year. The Mortgage Bankers Association, Fannie Mae, Freddie Mac, and the National Association of Realtors are in unison; projecting that rates will be up almost a full percentage point by the end of next year.

An increase in rates will impact YOUR monthly mortgage payment. Your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.

3. Either Way, You are Paying a Mortgage

As a recent paper from the Joint Center for Housing Studies at Harvard University explains:
“Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That’s yet another reason owning often does—as Americans intuit—end up making more financial sense than renting.”

4. It’s Time to Move On with Your Life

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.

But, what if they weren’t? Would you wait?

Look at the actual reason you are buying and decide whether it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer, or you just want to have control over renovations, maybe it is time to buy.

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.

Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. You can reach Rahul and Smitha and their team online at: www.Morris-Homes.com or www.SRRealEstateGroup.com.


Their team specialize in North Central New Jersey including towns such as BoontonChathamMadison,Chester,Convent StationDenvilleEast HanoverFlorham ParkHanoverHarding Twp.MendhamMontvilleMorristown,Morris Plains,Morris Twp.Mountain LakesParsippanyRandolphRockawayWhippany.

U.S. Pending Home Sales Rise 6.1% in May - Largest Monthly Gain Since April 2010

A gauge of pending home sales jumped in May, the latest evidence that the U.S. housing recovery began to regain its footing this spring even if it isn't firing on all cylinders.

The National Association of Realtors' index tracking pending sales of existing homes rose a seasonally adjusted 6.1% in May from the prior month to 103.9, the group said Monday. It was the index's largest monthly gain since April 2010, when home sales spiked 9.6% ahead of the expiration of a tax credit for first-time buyers.

"It looks like May was a good month for home sales…and many of the housing indicators we track have pointed to a pickup in the housing market over the past few months following its recent earlier slump," J.P. Morgan Chase economist Daniel Silver said in a note to clients.

Economists surveyed by The Wall Street Journal had expected pending home sales to rise a more modest 1.1% in May. April's reading was raised slightly to 97.9 from the initial estimate of 97.8. The pending-sales index can be a timely measure of sales activity because it tracks home purchases when contracts are signed. Sales usually close a month or two later.

Pending sales have risen month-over-month for three straight months. But they still were down 5.2% in May from a year earlier.

"It is important to bear in mind that with mortgage applications for home purchase not showing any signs of sustained strength…it is apparent that much of the juice in the existing-home sales market remains centered in all-cash purchases by speculative buyers," MFR Inc. economist Joshua Shapiro said in a note to clients.

Still, the sign of strength in pending sales accompanies improvements in other gauges of U.S. housing-market activity, after they fell with last summer's jump in borrowing costs and slid through a harsh winter. Sales of new homes soared a seasonally adjusted 18.6% in May to their highest level in six years, the Commerce Department said. Sales of existing homes rose a seasonally adjusted 4.9%, according to the National Association of Realtors.
The Federal Reserve, however, has flagged sluggishness in the housing market as a concern for the overall economy. Longer-term readings on the housing market show new-home sales were up just 0.8% in the first five months of 2014 compared with a year earlier, and existing-home sales were down 5% in May from a year earlier.

Lawrence Yun, the National Association of Realtors' chief economist, said home sales are improving but the weak first quarter took a heavy toll. He expects 2.8% fewer sales of existing homes in 2014 compared with 2013.

"Sales should exceed an annual pace of five million homes in some of the upcoming months behind favorable mortgage rates, more inventory and improved job creation," Mr. Yun said. "However, second-half sales growth won't be enough to compensate for the sluggish first quarter and will likely fall below last year's total."

Original article here.

Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. You can reach Rahul and Smitha and their team online at: www.Morris-Homes.com or www.SRRealEstateGroup.com.

Their team specialize in North Central New Jersey including towns such as BoontonChathamMadison,Chester,Convent StationDenvilleEast HanoverFlorham ParkHanoverHarding Twp.MendhamMontvilleMorristown,Morris Plains,Morris Twp.Mountain LakesParsippanyRandolphRockawayWhippany.