Page 3 - Max Stokes News Today

High interest rates and inflation are putting a damper on home price appreciation. But these towns are the exceptions.

Local real estate agents said theyve seen price increases moderate since the Fed hiked mortgage rates. Heres where things are slowing down.

The Federal Reserve raised interest rates Wednesday by the most in 22 years. The rates affect middle and upper sectors differently in New Jersey.

Low inventory, strong demand and higher interest rates are creating a competitive market in North Jersey.

NorthJersey.com As empty-nesters, Dan and Susan Russo had contemplated selling their 1920s Tudor-style home in Ho-Ho-Kus for more than a year. Seeing the spike in demand for homes this spring, the Russos decided to list their three-bedroom home on the market this month at $999,000. "With low inventory, I thought it was a good time," said Dan Russo, 56, who works as an attorney.  Inventories are at all-time lows, but the situation may be changing. Because of the pandemic, more people were seeki...

Finch leads way for Hotspurs ); U15 BURGHFIELD BUFFALOES on Saturday. The Hurricanes were playing on a freshly laid pitch at Jubilee Park and wasted no time in exploiting it. New signing Max Stokes powered his way through the midfield before hitting a strike which came off the post but Christian Rowbotham was on hand to smash home the rebound to take the lead. Harvey Herbert doubled the lead after hitting an unstoppable shot before turning provider. He jinked past two Burghfield defenders bef...