Morris and Middlesex Counties  Morris County Single Family Homes for September Key Metrics       2021       2022     Change New Listings       591         428     – 27.8% Closed Sales      493         443     – 19.1% DOM*                   30           32      + 6.7%...

Bergen and Passaic Counties Bergen County Single Family Homes for September Key Metrics         2021       2022     Change New Listings         833         659     – 20.9% Closed Sales        742         603    – 18.7% DOM*                     32           34      +...

Some markets are very sequential and ordered; but the market that we've been in for the last nearly 3 years is anything but normal. As a matter of fact, normal isn't even used when discussing a property. In a recent article in Money magazine, approximately 1/3 of all...

 ■ GDP growth trends GDP increased this past quart  ■ Durable goods trends: orders for durable goods increase  ■ Labor market trends, unemployment trends unemployment claims climbed to 217K, continuing claims also increase to 1,438,000 + 55K  ■ Inflation trends...

CoreLogic published their loan performance report. The percentage of domestic mortgage holders who were 6 months or more late on their mortgage payments fell in August 2022 to an all-time low of 2.8%. This compares to the percentage rate of 4.0 back in August 2021....

Monmouth County  Single Family Homes for September  Key Metrics       2021       2022      Change New Listings       701         621       – 11.4% Closed Sales      669         586       – 12.4% DOM*                   30           32        + 6.7% Median PX       ...

The U.S. real estate market continues to slow as we move into fall, as rising consumer prices and higher mortgage interest rates squeeze homebuyer budgets and cool activity. With inflation showing little sign of abating, the Federal Reserve implemented another...

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Approximately 12 years from the time it was created, the Consumer Financial Protection Bureau, which was authorized through the Dodd-Frank Wall Street Reform and Consumer Protection Act, was ruled to be unconstitutional on October 22nd, 2022. The Bureau was...

Netflix is inching closer to building a huge production studio on the Jersey Shore. When Fort Monmouth was closed down years ago, there were few plans in place to fill the void. Fort Monmouth had been a cornerstone of Monmouth County's economy for such a long time....

Monmouth County Goes Dark On Wednesday night around 5:00pm, in the middle of rush hour in Monmouth County, power went out, completely out. It was a total blackout for nearly 50,000 residents in heart of the Jersey Shore. Overall, the outage only affected less than 5%...