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Posted December 7, 2015 by Stacy Schnell in Uncategorized

Millennials can’t catch a break

Many young workers today find that home prices are rising faster than their pay, making it harder for them to set aside the cash they need for the purchase, studies show.

The typical first-time home buyer today purchases a house that costs 2.6 times his or her annual income, according to a report released by Zillow this week. In the 1970s, new home buyers found homes that cost about 1.7 times their annual pay, the study found.The shift means that people need bigger down payments to make the transition to home ownership. At the same time, they face obstacles that make it harder for them to save, such as student loan bills, higher rent costs and more expensive child care.People have to strive for more expensive homes today than they did in the past because home prices have appreciated over time while wages have stayed mostly flat, says Svenja Gudell, chief economist for Zillow. “We’re seeing that first-time home buyers are renting for longer,” Gudell says. “Homes are more expensive so it takes them a while to get to that stage in their life.”

This excerpt taken from NJ Real Estate Report.

To Read more click here

Posted August 20, 2015 by Stacy Schnell in Uncategorized

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How New College Grads Can Start Saving Now to Buy a Home

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Congratulations, new grads: You’re free! After four long years at college, it’s time to move on to the next stage of your life: adulthood.

That means you get to start thinking about exciting things like your first job, a 401(k), and—sexiest of all—homeownership. And while you might still be sleeping off those Jell-O shots from last night, it’s time to wake up, chug some water, and start preparing yourself financially—if buying a house happens to be one of your long-term goals.

Start preparing now, and buying a house won’t be a struggle. “If you make good money, you have a clean credit rating, and you’ve got enough money set aside for the down payment, buying a house is not really a big hassle,” says Stewart Koesten, the chief executive and executive chairman of KHC Wealth Management in Overland Park, KS.
To read more click the link below:

http://www.realtor.com/advice/buy/tips-for-new-college-grads-on-buying-a-home/

Posted July 13, 2015 by Stacy Schnell in Uncategorized

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How to Move Into a New Home | Tips For Moving Into a New Home

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Change the locks when you move into a new house — that way, you control who has access to your home. Image: Courtney Craig for HouseLogic
When I bought my first house, my timing couldn’t have been better: The house closing was two weeks before the lease was up on my apartment. That meant I could take my time packing and moving, and I could get to know the new place before moving in.
This exerpt from house logic. To read more click below:
http://www.houselogic.com/blog/maintenance-repair/things-to-do-when-moving-into-a-new-house/

Posted July 10, 2015 by Stacy Schnell in Uncategorized

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Have a great 4th of July weekend everyone!

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Bridgeton: Date: Saturday, July 4. Location: Alden Field, 9:30 p.m.  Website: cityofbrigeton.com

Millville: Date: Saturday, July 4. Location: Union Lake Park. Website: millvillenj.gov
Many counties in New Jersey are having Fourth of July fireworks displays to celebrate.

Click below to see our county-by-county guide to NJ firework displays across the Garden State for 2015.
Read More: Fireworks 2015 – A guide to July 4 events in New Jersey |

Posted July 4, 2015 by Stacy Schnell in Uncategorized

Just Reduced $110,000

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Adorable ranch home! 2 beds -3 beds possible and 1 .5 bath. Charming bow window in living room,  eat in kitchen, hardwood floors under wall to wall, security system, enclosed porch with screens & storms for all year enjoyment. Nicely landscaped fenced yard with 2 sheds. MANY updates including newer roof, C/A condenser, water heater, oil heater & oil tank. Large basement with half bath. Can be used for entertaining, storage or easily finished off into more living space. So many possibilities!  Call Stacy today to schedule your tour. 856-364-0772