I work with first time buyers all the time. It is probably the most rewarding part of my job, finding a great home for someone who is going through the process for the first time. WIth Spring in full bloom, interest rates low, and more homes starting to hit the market, now is a great time to start looking.
We always talk about how buying is cheaper than renting. That is never more true than right now in Hudson County. 1 bedroom rentals are going for $2400! ThatÂ money could go to a mortgage payment. I came across this graph today from the KCM blog, a great Real Estate website. Cool facts on first time buyers.
Take a look at the current inventory in Hoboken. ListÂ prices from $300,000-$429,000. 54 total places.
And here is the inventory in Jersey City $250,000-$409,000. 55 total places.
If any of these places interest you, feel free to give me a call. I can walk you through the process and get you started. Have a great weekend and enjoy this awesome weather.
Prime Real Estate Group