New multi family requirements were just announced by Fannie Mae. This is going to make it harder to purchase a 1-4 family home. Because Fannie Mae guidelines are now stricter, everyone needs to know about it. I consider this a strong signal. 1-4 Family Homes Let’s begin with the fact that a 1-4 family home… Read more »
Posts Tagged: multi family homes
Why Tenant Screening Is Important Tenant screening is the critical component of a positive rental experience for landlords. Both experienced and new landlords make mistakes with this every day. The result is a negative experience that can often end up in court. If you own an investment property you must screen potential tenants carefully. Consider… Read more »
If you look carefully at this data from the New Jersey MLS you’ll see that higher priced homes sold well.
Rising Demand for Bergen County Multi Family Homes While everyone follows the single family housing market there’s another real estate market that’s also important – the multi family home market. Quietly but steadily the demand for multi family homes has been increasing over the past 2 years. This year it’s been picking up a lot of steam… Read more »