Generational Wealth and Millennials Rising

Approximately 70% of the wealth and affluent market is comprised of Americans age 52 or older who have at least $100,000 in investable assets. Baby Boomers account for more than half (55%) of the market while the Silent Generation represents 15%. Approximately 13% of...

The American Dream of Homeownership

Spending on housing declined to 15.6% of GDP, according to a study expected to be released Monday by the Rosen Consulting Group, a real-estate consultant. How this comparatively factors into the overall picture is compared with a 60-year average of just under 19%. In...

New Jersey’s Municipal Mania

It appears that New Jersey’s plethora of municipal governments is the key factor for the high rate of property taxes. The costs to run each of these disparate operations is costly. Here are the facts: New Jersey has 565 municipalities New Jersey also has more...

S&P-Case-Shiller Report Trends Higher

Homes hit another milestone high, according to the S&P/Case-Shiller U.S. National Home Price Index, which reported that home prices rose 5.9% year-over-year in January. This figure eclipsed December’s 5.7% annual gain. The S&P/Case Shiller 20-City...

Real Estate & the National Picture

Sales of all existing homes nationwide fell 3.7% to an annual rate of 5.48 million in February from January’s rate of 5.69 million. The February 2017 median price increased for the 60th straight month, for year-over-year price gains, for all types of existing...