Real Estate Trends with Dan Corrigan
Re/Max Platinum Group
Canadian born in Ottaway, Ontario Dan and his family came to the US when he was 10 yrs old. They lived in West Virginia & then Ohio. He joined the military and served in Vietnam. When he returned he attended Ohio University and the Ohio Military Academy. Dan has worn many hats. He focused his career on marketing. He served as a police chief. He was Director and CEO of a marketing company.
It was in 1980 he dove into Real Estate in West Virginia. When interest rates on mortgages were 18%-20%, it was a tough market, but he learned a lot. Today, rates of 4-5% are considered high. Now on average it’s 3.25% for a 30 year conventional mortgage and as low as the 2% for 15 year conventional mortgage.
There is a great opportunity to lower rates by refinancing now.
Dan ended up coming to NJ from CA as a result of a relocation on his wife's behalf. They explored the opportunity, and that's when they discovered Sussex County. They decided to call Sparta, New Jersey their new home.
Since he was already seasoned in the Real Estate Industry, it was easy for him to adapt and continue his career in NJ. Having a marketing background, he found a fit for himself at Re/Max Realtors. He’s been an agent with them for over 16 years. A few years ago the opportunity to buy the business presented itself. He bought out the Brokerage, and now he is the Broker/Owner/Agent of Re/Max Platinum Group. They moved to this new office and spent several months renovating their location on Sparta Avenue in Sparta. The Office in Sparta is warm and comfortable. The technology they have is state of the art and it’s welcoming for the Clients, Realtors and Attorneys as well.
Today things are