Real Estate

Market Update 3/23/24

By Shawn Jaryno, Associate Broker, EXIT on the Hudson Realty, NJ Market Update: As I have posted in the past, I developed a predictive model to give better insight into the movement of the real estate market in as close to real time as possible. As of today, March 23, we are running 8% behind the same period last year. Because of the deviation of the model, that puts home sales down at the...

Mortgage Rate Change 11/17/23

In the past week, the mortgage rate landscape has experienced notable movements, offering both relief and new considerations for homebuyers and investors. The Mortgage Bankers Association (MBA) reported a significant decrease in the average contract rate on a 30-year fixed-rate mortgage, which dropped by 20 basis points to 7.41% for the week ending November 17. This decline marks a two-month low in...

AI Voice Cloning Threats in Real Estate 6/7/23

By Shawn Jaryno, Associate Broker, EXIT on the Hudson Realty, NJ The rise of Artificial Intelligence voice cloning into the mainstream gives rise to those who would use the technology for nefarious purposes. The real estate industry needs to be all hands on deck for the inevitability that these scams will arrive at the doorstep of brokers and agents. What makes voice cloning so dangerous is in the...

5 Tips on Real Estate Photography 5/10/23

Real estate photography is key in showcasing properties effectively. Here are 10 tips that can help you capture stunning and compelling images. 1) Take Advantage of Natural Light: Schedule shoots during the daytime when natural light is abundant. Open curtains and blinds to brighten interior spaces. Use HDR (High Dynamic Range) mode or bracketing to balance the light inside with the view through...

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