Real Estate Statistics & Investment Tips Plus Neighborhood News

Homeowners in Generation X are making a comeback after coming up in the housing crash, according to the National Association of REALTORS® (NAR) recently released Home Buyer and Seller Generational Trends study for 2017! According to a survey, Gen X homebuyers grew to 28%, but are behind millennial homebuyers at 34%, and baby boomers at 30%.
What hasn’t changed, however, is the need for a real estate professional! 90% of those surveyed worked with a real estate professional. To read more about the survey and these statistics, visit RIS Media.

Thinking of buying a second home? Deciding whether to purchase for  investment or leisure? Realtors Property Resource® (RPR®) provides investment analysis tools that help second-homebuyers make informed choices, especially when potential rental income is a decision factor. Check out the article, by RIS Media, for more informative tips.

Print House Condominiums in Jersey City Heights | Rendering Courtesy of Chartier Group and Jersey Digs 

New condominiums are coming to The Heights! The buildings at 83 Waverly Street and 163 Oakland Avenue will include eight condominiums, according to a post by Congress Street-based Chartier Redevelopment Group, which is behind the project. There will be two one-bedroom units, four two-bedroom units, and two three-bedroom units at the complex, ranging in cost from $449,000 to $675,000 and in size from 881 to 1,644 square feet. To learn more about this new development, visit Jersey Digs.

Lastly in your neighborhood news… Looking for something fun to do this weekend? ChicpeaJC has you covered, with Porta’s Friday Music Series, the opening of “Super Woman” art exhibit at ArtSpace in honor of Women’s History month and much, much more!

 

Have a safe and beautiful weekend! Enjoy the weather today and bundle up tomorrow – From your Hudson Gold Family!