#realestate #buyingahome #realtor #homeownership #home #mortgage #homebuying #buyingandselling #homebuyers #homeselling #sellingrealestate #homevalue #homebuyer #realestateexpert #listingagent #sellyo – Gloria Benaroch Sea Bright NJ Broker Associate https://gloribee.com Full-time real estate agent involved in every aspect of the day-to-day real estate market in Monmouth County, Sun, 19 Mar 2023 22:22:58 +0000 en-US hourly 1 https://gloribee.com/wp-content/uploads/2021/02/gloribee-80x80.png #realestate #buyingahome #realtor #homeownership #home #mortgage #homebuying #buyingandselling #homebuyers #homeselling #sellingrealestate #homevalue #homebuyer #realestateexpert #listingagent #sellyo – Gloria Benaroch Sea Bright NJ Broker Associate https://gloribee.com 32 32 What You Need to Know About Moving to the Shrewsbury Area https://gloribee.com/what-you-need-to-know-about-moving-to-the-shrewsbury-area/ Mon, 13 Dec 2021 04:06:13 +0000 https://gloribee.com/?p=6097 […]]]>

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What You Need to Know About Moving to the Shrewsbury Area

Are you moving to Monmouth or Ocean Counties in New Jersey? You’ll love it here! Of course, whenever you’re relocating somewhere new, you’re bound to have a lot of questions. Whether you’re moving to Rumson, Sea Bright, or Shrewsbury, check  out the following list of moving resources from Gloria Benaroch to help you settle into your new community!

Getting a Job in the Area

Setting Up Your Home

  • Get your utilities hooked up. You can find information about local utility companies on local government websites.
  • Remember to visit the local DMV to register your vehicle and update your license.
  • As you personalize your new home, consider having your lawn redone, which may involve having the landscape professionally graded.

Finding Your Local Go-To Spots

  • Whether you’re in the mood for barbecue or pizza, check out the best places to eat in and around Shrewsbury.
  • Check out some of the best parks in the region to find your new favorite outdoor escape.
  • Unwind after unpacking all your stuff with a trip to a local yoga studio.

Moving to a new city is always going to be challenging. It will take some time before you feel completely comfortable in an unfamiliar area, and there’s nothing wrong with that! Tackle those last few items on your moving checklist, look for a fulfilling job, and get out and explore the Tri-Cities with your family. You’ll feel at home before you know it!

Are you still looking for a house in or near Shrewsbury? Gloria Benaroch can help you find the right home for you and your loved ones. Give her a call or text at 732.245.4031 to arrange a consultation!

authored by: Mark Simons
msimons@localigraf.com

]]> U.S. Homeownership Rate Rises to Highest Point in 8 Years https://gloribee.com/u-s-homeownership-rate-rises-to-highest-point-in-8-years/ https://gloribee.com/u-s-homeownership-rate-rises-to-highest-point-in-8-years/#respond Mon, 04 May 2020 14:59:56 +0000 https://ocean2river.wordpress.com/?p=4226 U.S. Homeownership Rate Rises to Highest Point in 8 Years

U.S. Homeownership Rate Rises to Highest Point in 8 Years | MyKCM

For nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole new way of life that has put our daily lives on pause. On the other hand, many of us have also found a sense of comfort by slowing down and spending time at home, highlighting the feeling of security that comes with having a much-needed safe place for our families to live.

The latest results of the Housing Vacancy Survey (HVS) provided by the U.S. Census Bureau shows how Americans place immense value in homeownership, and it is continuing to grow in the United States. The results indicate that the homeownership rate increased to 65.3% for the first quarter of 2020, a number that has been rising since 2016 and is the highest we’ve seen in eight years (see graph below):U.S. Homeownership Rate Rises to Highest Point in 8 Years | MyKCMWhy is the rate increasing? The National Association of Home Builders (NAHB) explained:

“Strong owner household formation with around 2.7 million homeowners added in the first quarter has driven up the homeownership rate, especially under the decreasing mortgage interest rates and strong new home sales and existing home sales in the first two months before the COVID-19 pandemic hit the economy.”

The NAHB also emphasizes the year-over-year increase in each generational group:

“The homeownership rates among all age groups increased in the first quarter 2020. Households under 35, mostly first-time homebuyers, registered the largest gains, with the homeownership rate up 1.9 percentage points from a year ago. Households ages 35-44 experienced a 1.2 percentage points gain, followed by the 55-64 age group (a 0.9 percentage point increase), the 45-54 age group (a 0.8 percentage point gain), and the 65+ group age (up by 0.2 percentage point).” (See chart below):

U.S. Homeownership Rate Rises to Highest Point in 8 Years | MyKCMHomeownership is an important part of the American dream, especially in moments like this when many are feeling incredibly grateful for the home they have to shelter in place with their families. COVID-19 may be slowing our lives down, but it is showing us the emotional value of homeownership too.

Bottom Line

If you’re considering buying a home this year, let’s connect to set a plan that will help you get one step closer to achieving your dream.

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