If You Want To Buy A House in Oradell, Now Is The Time!

Do you follow financial news? If you want to buy a house in Oradell, NJ, you should—it’s very interesting these days! Between inflation and the rest of the economy, financial purchases are getting strained, and the housing market is likely to see a slump in the near future. In fact, some neighborhoods are already seeing cooling sales. Keep reading to see more reasons why now is the best time to find a home for sale in NJ!

NJ’s Rent is Out Of Control!

Are you paying rent? If so, you’re paying a lot! In fact, NJ has the highest rents in the nation, usually making it more affordable to pay a mortgage than that rental payment. If you were debating the pros and cons of rental versus ownership in the past, it’s time to stop considering and start looking for your next home for sale in NJ.

Interest Rates Are Rising: Buy Houses in NJ Today!

Okay, home ownership can be more financially sound than renting, but many home-searchers ask “why now?” The reason is due to interest rates. These are rising fast, driven by the Federal Reserve and the government’s management of the whole country’s finances. Without digging into an economics lesson, the government is trying to make the American dollar stronger by making it harder to borrow. If you want to lock in a low interest rate on your mortgage, start looking for a home and lender today!

Get The Best Homes on The Market in Oradell

Aside from finances, some of the best homes for sale in Oradell may not be on the market long. Remember, the homeowner in your next house is also looking for their next home! With everyone motivated to buy and sell before those interest rates go any higher, it’s not time to wait—it’s time to act. Find the best homes in Oradell with help from a skilled realtor.
Ready to find your next home in NJ? Call Sheldon Neal today!