1. Loan Pre-Approval – AKA the Pre-Approval Buyers in this very tight market need to go through a vetting process called pre-approval. This form of financial vetting clarifies to the seller, the seller’s agent and the buyer’s agent that the prospective buyers can...

One thing is for sure: there is no sure. Inventory shortages, higher mortgage rates, inflation, and a whole lot of uncertainty is impacting this market on a daily basis! Right now, there is a redirect of a certain percent of buyers due to the accelerated prices over...

Title Wise Newsletter 

How much house can you afford? Searching for your first home purchase is probably very long on the list when it comes to making sure your deal closes. Number one financial factor: before you think about buying your first house, you have to know your house buying...

https://youtu.be/eNHTKG52TTw This video discusses how the slowdown in manufacturing and service industries owing to labor and supply shortages. It mentions that car sales declined in April. The video also covers the good news on the employment front. A record number...

Union & Essex Counties  Union County Single Family Homes for March Key Metrics       2021       2022     Change New Listings       657         542     – 17.5% Closed Sales      397         319     – 19.6% DOM*                   45           34      + 24.4% Median...

Happy Mother's Day So this Mother's Day, Counsellors Title Agency celebrates the families and mothers of all of our friends, partners, clients and associates. Without them, nothing would be possible. Ralph Aponte and the staff of Counsellers Title Agency

Huson County  Single Family Homes for March Key Metrics      2021       2022     Change New Listings      142        154      – 4.2% Closed Sales     101          75      – 12.6% DOM*                  59          52       – 20.0% Median PX       $415K    $502K     +...

Bergen and Passaic Counties  Bergen County Single Family Homes for March Key Metrics         2021       2022     Change New Listings       1,050         938     – 10.7% Closed Sales        666         513     – 23.0% DOM*                     51           44      –...

https://www.youtube.com/watch?v=AyrHYbPQqkE Affordability, Inventory Shortages and Higher Interest Rate  

CoreLogic reports 12 consecutive months of annual home price increases. The home price increases are only further complicated by the rising mortgage rates that have crossed the 5% line. Except for a few days in 2018, mortgage rates have been below the 5% benchmark...

Morris and Middlesex Counties  Morris County Single Family Homes for March Key Metrics       2021       2022     Change New Listings       719         569     – 20.9% Closed Sales      404         336     – 16.8% DOM*                   47           38      – 19.1%...