AK Real Estate

09/18/2024

🌟 **Exciting News for Homebuyers!** 🌟

Are you looking to purchase a home in Morris, Essex, Somerset, Sussex, or Union counties? The **Community Advantage program** now offers incredible mortgage rates as low as **4.875% - 5.25** for homes located in low-income and moderate areas tracts‼️

Here are some fantastic benefits of the program:
- **No PMI** (Private Mortgage Insurance)
- **Fixed rate** for 30 years
- Down payment as low as **5%**
- **No income limitations**
- An additional **$5,000** toward closing costs or down payment assistance

This is a great opportunity to make homeownership more accessible, especially for those in underserved communities.

💬 **Have questions about how the Community Advantage program can benefit you?** Comment below or reach out to learn more! Let’s work together to make your dream of homeownership a reality!

AK REAL ESTATE 🌍🤲🏾
Changing Lives, One Home At A Time

📲 862.200.7673
📧kharique@akconnects.net
👨🏾‍💻kbell.remax.com

04/20/2024

🏠💫 Hey there, amazing community! 💫🏠

Have you ever wondered about the hidden value nestled within the walls of your home? 🤔 It's not just a cozy haven—it's a goldmine of opportunities waiting to be explored!

I'm THRILLED to invite you to a heart-to-heart chat on : "LEVERAGING HOME EQUITY: Renovation & Relocation for Homeowners & Homebuyers."

🗓️ Mark your calendars! April 24, 2024 | 7-8 PM EST
📍 Where? Right where you are! Via Zoom!

Here's why you'll love it:
- 🌟 Real-life insights from the fabulous Ashley Pollard & Gina Peterson, who are more than real estate pros—they're wizards at making houses work for you!
- 💡 Creative ideas to give your home the glow-up it deserves and boost its value!
- 🚚 Tips on turning a new leaf and finding your dream neighborhood!
- 🏖️ Retirement planning that feels less like a chore and more like the start of an adventure!

💻 Clicking that register button is like stepping through a door to endless possibilities!

🎁 And because we're all about spreading joy—attend and snag a FREE guide to make your home equity really work for you!

👇 So, what are you waiting for? Dive in, join the conversation, and let's navigate this exciting path together! Just click below to reserve your spot. It’s going to be one for the books! 📚

🔗 [Registration Form: ]
https://forms.gle/uKCdkkkX8UKz19je6 (https://forms.gle/uKCdkkkX8UKz19je6)

Can't wait to see you there and share in the excitement of shaping our futures with knowledge and warmth! Let's chat, learn, and grow together! 🌱🏡

Virtual Happy Hour Invitation: https://www.youtube.com/watch?v=_p7CayFgJ2I (https://www.youtube.com/watch?v=_p7CayFgJ2I)

04/19/2024

🎊🎈 You're Invited: The Children's Place Childcare Center Grand Opening! 🎈🎊

Join the festivities on May 4th as we celebrate the grand opening of The Children's Place Childcare Center! Be among the first to explore our nurturing space with a scheduled tour and discover the enriching programs we have for your little ones.

🎀 Ribbon Cutting Ceremony
📅 Grand Opening: May 4th
🚪 Doors Open: May 1st
👩🏾‍💻Website: [https://www.thechildrensplacedaycare.center]

Audra Walker and Elizabeth Edwards can't wait to meet you and your family! Everyone is welcome to attend this special event.

PLEASE SHARE SHARE SHARE and help us spread the word!

03/16/2024

🌟 Attention Future Homeowners & Market Watchers! 🌟

- 📈 **Trending Up!** The Housing Market Score aka National Housing Index just hit 56 in March '24, climbing from 55 in the previous month. That's a straight "A" for improvement over the last 4 months (Big leap from last year's 42).

- 🧐 **What's the Buzz?** While everyone's been eager to snag their dream home, the buzz has cooled a tad. Why? Those 30-year loans are pricier now at over 7% interest. 💸

- 🎢 **Market Mood:** The Buyer Activity index is sitting pretty at a 50 - the market's teeter-tottering right in the middle. Will it tip over to busy buyer bonanza or quiet home hunting? Last year's 45 felt a tad more...chill.

- 📊 **Price Watch:** Got your eye on prices? The Price Direction index is at a hopeful 62, hinting that home values might just keep on climbing. It's a more optimistic scene than last year's 39.

👀 Keep watching this space - your dream home's market tale is unfolding! 🏡

AK REAL ESTATE 🌍🤲🏾
Changing Lives, One Home At A Time

📲 862.200.7673
📧kharique@akconnects.net
👨🏾‍💻kbell.remax.com

01/25/2024

Key 🔑 insights and important facts from the comparison of the housing market in 1️⃣9️⃣9️⃣5️⃣ vs. 2️⃣0️⃣2️⃣3️⃣:👀🤔🏡

1️⃣. Home sales were significantly higher in 1995 compared to 2023, despite a larger population in 2023. December of 95’ there we were about 1️⃣.5️⃣8️⃣ million single family homes compared to December of 23’ with 8️⃣7️⃣0️⃣k.

2️⃣.Housing inventory has decreased over the years, leading to a limited number of homes available for purchase.

3️⃣.Median home sales prices have risen sharply, posing challenges for first-time buyers in 2023. (Median home price in 95’ was 1️⃣1️⃣4️⃣k vs 3️⃣8️⃣9️⃣k) (Average household income in 95’ 3️⃣7️⃣k vs 7️⃣4️⃣k) ‼️Affordability in 95’ was 1️⃣2️⃣6️⃣.9️⃣ Anything above 1️⃣0️⃣0️⃣ is more affordable. 2023 affordability was 9️⃣4️⃣.2️⃣🥹

4️⃣.Mortgage interest rates have fluctuated, with 2023 seeing slightly lower rates compared to 1995.(In 1️⃣9️⃣9️⃣5️⃣, mortgage interest rates averaged 7️⃣.9️⃣3️⃣%. In 2023, mortgage interest rates averaged 6️⃣.8️⃣1️⃣%).

5️⃣.The housing market in 2024 is showing signs of improvement, with declining mortgage rates and an increase in housing construction. Buyers are coming off the sidelines and making moves to purchase again.

Despite the challenges, 2024 presents opportunities for first-time homebuyers and sellers due to expected improvements in mortgage rates and housing inventory.

AK REAL ESTATE 🌍🤲🏾
Changing Lives, One Home At A Time

📲 862.200.7673
📧kharique@akconnects.net
👨🏾‍💻kbell.remax.com

At 4.09 million, the annual pace of 2023's existing-home sales was the lowest number recorded since 1995, when it was 3.85 million. A then-and-now comparison highlights the challenges buyers faced in 2023.

01/11/2024

🏠 Curious about how the U.S. budget deficit might impact the real estate market? With the deficit soaring past $500 billion in just three months, the economic landscape is evolving. Will it lead to higher interest rates, influencing home affordability? Or could it drive government spending on infrastructure, impacting real estate development? Let's dive into this crucial discussion! Share your thoughts on the potential impact of the deficit on real estate in the comments below. Your insights matter!

AK REAL ESTATE 🌍🤲🏾
Changing Lives, One Home At A Time

📲 862.200.7673
📧kharique@akconnects.net
👨🏾‍💻kbell.remax.com

The budget deficit totaled almost $510 billion, following a shortfall of $129.4 billion in December alone.

01/10/2024

Attention to all you tenacious women ready to make a power move in the 2024 housing market! 🏠💪 The landscape is shifting, and it's your time to step up and seize the opportunity. Imagine crossing the threshold into a space that's entirely your creation, a sanctuary where strength and style meet.

Mortgage rates are on the descent, potentially hitting a sweet 6.3%. This isn't just a market trend; it's your launchpad to homeownership. It's about making a strategic play, locking in a deal that matches your determination and savvy.

Ready to take the reins and find a place where every square foot echoes your ambition? Let’s start a conversation that could unlock the door to your future fortress. It's more than a house—it's a statement. 🗝️🌟

AK REAL ESTATE 🌍🤲🏾
Changing Lives, One Home At A Time

📲 862.200.7673
📧kharique@akconnects.net
👨🏾‍💻kbell.remax.com

Economists predict the real estate market will recover in 2024 after a spike in mortgage rates and a shortage of properties sent sales tumbling to a 28-year low.

12/18/2023

Despite a challenging year, there is anticipation for a turning point in 2023 leading into 2024 for the economy and housing market. Let's take a look at the markets with the most pent-up housing demand.

📉🏡Lower mortgage rates will improve housing affordability enticing, a greater number of buyers back into the market in 2024. The influx of “returning” buyers is expected to stimulate activity in the housing market.

Home price appreciation lower than national level from (Q3 2️⃣0️⃣2️⃣2️⃣-Q3 2️⃣0️⃣2️⃣3️⃣) at 4️⃣.8️⃣%These areas appear to be more susceptible market changes, they will likely undergo significant price appreciation due to pent up demand!

More renters who can afford to buy the median-priced home than the national level. 2️⃣1️⃣.2️⃣% of renters with financial capacity to purchase a home going in 2024.

Stronger job growth as well as wage growth in these areas than the national level. Areas with stronger job growth typically experience higher homebuying activity than other areas.

More potential sellers than the national level. 4️⃣0️⃣.9️⃣% of homeowners staying in their home for a duration equal to or exceeding the average tenure.

AK REAL ESTATE 🌍🤲🏾
Changing Lives, One Home At A Time

📲 862.200.7673
📧kharique@akconnects.net
👨🏾‍💻kbell.remax.com

12/13/2023

🏠 Attention all millennial and Gen Z future homebuyers! 💥 The latest inflation data is in, and it's got some important insights for you! 📊✨

✅ Interest Rates: Good news! The Federal Reserve is expected to hold interest rates steady, keeping borrowing costs low! 📉💰 This means more affordability and easier entry into the housing market! 🙌🏼

✅ Price Stability: The Consumer Price Index shows stable inflation levels. 📈🔒 This means a more predictable real estate market with fewer surprises, making it a great time to explore your homeownership dreams! 🏡💫

✅ Affordability Boost: Decreased energy prices and moderate food cost increases help control living expenses. 🛢️💲💡 This can free up resources for down payments and mortgage payments, making your dreams of homeownership more attainable!

✅ Wise Investments: Monitoring core inflation is crucial for long-term trends in essential goods and services. 📉🔍 Stay informed to make wise investment decisions and secure the best deals for your future home!

💼 As your dedicated real estate advisor, I'm here to guide you through these market dynamics and help you find your dream home in this exciting environment! Let's embark on this journey together! 🚀💪🏼 Drop a 🏠 in the comments or DM me to get started today! 📲✉️

AK REAL ESTATE 🌍🤲🏾
Changing Lives, One Home At A Time

📲 862.200.7673
📧kharique@akconnects.net
👨🏾‍💻kbell.remax.com

🌟🏡💼

The consumer price index was expected to be flat in November and up 3.1% from a year ago, according to Dow Jones consensus estimates.

12/04/2023

🏠In September 2️⃣0️⃣2️⃣3️⃣, the overall delinquency rate for U.S. mortgages remained at an all-time low, unchanged from the previous year. However, there was a shift in delinquency patterns. While there was a decrease in mortgages six months or more past due, early-stage delinquencies increased.

The impact of natural disasters was evident, as fifteen states experienced higher delinquency rates. These increases ranged from 0.1% to 0.5% in each state. Looking ahead, experts suggest that if the labor market weakens in the coming months, mortgage delinquencies may further increase.

Stay informed and be prepared for potential challenges. Despite these shifts, the majority of homeowners with mortgages made their payments on time. The stability of the mortgage market remains solid, although caution is advised.

AK REAL ESTATE 🌍🤲🏾
Changing Lives, One Home At A Time

📲 862.200.7673
📧kharique@akconnects.net
👨🏾‍💻kbell.remax.com

Although 15 states saw small overall mortgage delinquency rates increase annually in September, national performance remains strong.

12/03/2023

Don't be fooled by the headlines📰 saying home prices are falling - it's just their way of dramatizing the normal slowdown in price growth tied to seasonality.

The housing market dances💃 to an annual rhythm, with spring and summer bringing high demand and peak prices📈, while fall and winter see a more relaxed pace.

This year, the market's getting back in step with this groove, meaning price growth is easing, not dropping. So, ignore the scaremongering😱 and remember, slower growth is healthier and more sustainable🌳.

Have questions about local prices? Reach out🤝 - let's cut through the noise together!🔊



AK REAL ESTATE 🌍🤲🏾
Changing Lives, One Home At A Time

📲 862.200.7673
📧kharique@akconnects.net
👨🏾‍💻kbell.remax.com

7,737 NJ homes sold in Sep 2023. The median price was ~$493K. Despite alarming rates, homes are selling in the New Jersey real estate market.

11/23/2023

🏡 Are You Worth It? Justifying Your Value as a Real Estate Agent! 📈

In today's digital age, clients are questioning the value of us real estate agents. These are some ways you prove your worth. ✍🏾

✅ List your services to showcase the extensive support you provide.
✅ Deliver compelling buyer presentations, just like you do for listings.
✅ Address client pain points by understanding their motivations and concerns then provide solutions .
✅ Develop expertise in specific niches to stand out from the competition.
✅ Leverage testimonials to demonstrate your satisfied clients' experiences.

Show them why we’re worth it! 🌟✨

AK REAL ESTATE 🌍🤲🏾
Changing Lives, One Home At A Time

📲 862.200.7673
📧kharique@akconnects.net
👨🏾‍💻kbell.remax.com



Click the Canva link below to learn more about AK Real Estate.⬇️⬇️

https://www.canva.com/design/DAFtZfyCkaU/cMtHHJsdrruQJUl6F8r5Xw/view?utm_content=DAFtZfyCkaU&utm_campaign=designshare&utm_medium=link&utm_source=publishsharelink

Check out this design designed by Ashley Pollard.

11/22/2023

Get ready for an epic Thanksgiving holiday getaway🦃🍗! AAA research predicts a record-breaking 5️⃣5️⃣.4️⃣ million Americans 🇺🇸hitting the road🚗, skies🛫🛬, and seas🛳️ this year, marking a 2️⃣.3️⃣% increase from last year. Orlando, Fort Lauderdale, and Miami top the domestic destination list, while Cancun and Mexico City are the go-to international hotspots. So pack your bags💼🧳🛍️, EMBRACE the adventure, and enjoy QUALITY TIME with loved ones. Remember, the journey matters as much as the destination! Happy Thanksgiving travels! 🚗✈️⛵


AK REAL ESTATE 🌍🤲🏾
Changing Lives, One Home At A Time

📲 862.200.7673
📧kharique@akconnects.net
👨🏾‍💻kbell.remax.com

55.4 million travelers will head 50 miles or more from home over the Thanksgiving holiday travel period. This year's Thanksgiving forecast is an increase of 2.3% over last year and marks the third-highest Thanksgiving forecast since AAA began tracking holiday travel in 2000. The top two years were 2...

11/21/2023

Hello, everyone! 🍁Fall's treating renters like royalty across the U.S! 💎 Zillow reports 30% of rentals are now offering sweet deals like months of free rent or parking, up 6% from last year. Rental price growth is also returning to a more typical pace. 📈Cities like Salt Lake City, San Jose, and Washington D.C. are leading with half their listings offering perks! 🎁But the cherry on top? There's a construction boom too, giving renters more options to pick from! 😎 So, keep your eyes peeled for these deals. Stay tuned for more updates! 🏘️

AK REAL ESTATE 🌍🤲🏾
Changing Lives, One Home At A Time

📲 862.200.7673
📧kharique@akconnects.net
👨🏾‍💻kbell.remax.com

Rents are rising, but landlords and property managers are offering more sweeteners to entice tenants

11/20/2023

🚨Exciting news in the housing market! U.S. single-family homebuilding rose in October despite higher mortgage rates. Limited housing supply fuels this growth, while multi-family housing starts and permits also surged. Although homebuilder confidence dipped, economists expect improved demand if mortgage rates decrease next year.

Great opportunities lie ahead for homebuilders to benefit from the low supply. Stay tuned as the housing market continues to show growth potential.

AK REAL ESTATE 🌍🤲🏾
Changing Lives, One Home At A Time

📲 862.200.7673
📧kharique@akconnects.net
👨🏾‍💻kbell.remax.com

U.S. single-family homebuilding increased marginally in October and activity could remain moderate in the near term amid higher mortgage rates, which sent homebuilder confidence tumbling to an 11-month low in November.

11/18/2023

Did you know that owning a home can have a huge impact on your future net worth? Between property appreciation, equity build up and tax benefits, real estate is one of the best investments you can make today. If you've got questions about how you can secure your financial future through home ownership, send me a message!

AK REAL ESTATE 🌍🤲🏾
Changing Lives, One Home At A Time

📲 862.200.7673
📧kharique@akconnects.net
👨🏾‍💻kbell.remax.com

11/18/2023

🚨🚨🚨Get ready to revolutionize your approach to homeownership! The housing market is undergoing a thrilling transformation fueled by Millennials and Gen Z. Say hello to "house hacking" 🏡– the ultimate game changer.

Picture this: you🫵🏾 could rent out part or even the whole of your house, unleashing a steady stream of extra income💰🤑. A whopping 5️⃣5️⃣% of Millennials and 5️⃣1️⃣% of Gen Z buyers view this opportunity as a paramount priority. Join the movement and secure your future with smart and savvy homeownership.

Let's hack the house together!☎️

AK REAL ESTATE 🌍🤲🏾
Changing Lives, One Home At A Time

📲 862.200.7673
📧kharique@akconnects.net
👨🏾‍💻kbell.remax.com

The housing market is witnessing a shift in preferences among Millennial and Gen Z home buyers, with a growing interest in the practice of "house hacking"

11/01/2023

Yall ready to break these generational curses?! 👀

NJHMFA is now offering an additional $7,000 towards down payment and closing costs on top of the $10,000-$15,000 they were already offering to first generation homeowners!

What is a first generation homeowner?
Anyone whose:
✅ Parents or legal guardians do not currently own a home
✅ Spouse/ domestic partner hasn’t owned a home in 3 years
✅ Has at anytime been placed in the NJ Foster Care System.

Burlington, Camden, Cape May, Cumberland, Gloucester, Salem,
Sussex, Warren residents qualify for $17,000.

Bergen, Essex, Hudson, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Union residents qualify for $22,000.

‼️ Minimum Credit Score: 620 — Credit Repair and Counseling Available ‼️

Feel free to reach out to me directly with any questions

AK REAL ESTATE
Changing Lives, One Home At A Time

☎️ 862-200-7673
📧 kharique@akconnects.net
💻 www.kbell.remax.com

📍Licensed in NJ

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.