Housing Demand Surges in 2017 by 28 Percent

September marked the 28th consecutive month of year-over-year inventory declines The new Housing Demand Index published by Refin saw housing demand skyrocket by 27.7% in 2017 as compared with 2016. The numbers for September came in basically flat except in some...

Multiple Indexes Hit New Records Part 2

Home Prices Hit a 64-Month High Black Knight Financial reported that home prices hit a new peak in August for the 64th consecutive month. The new home price reached $282,000 in August. While this is a pretty significant streak, home prices increased by only 0.24% from...

Multiple Indexes Hit New Records Part 1

S&P Home Price Index Hits New High The S&P CoreLogic Case-Shiller Home Price Index [HPI] rose more than expected in August, hitting an all-time high. National home prices continued to rise in August by 6.1% on an annual basis. This increase was more than...

Flippers Find New Jersey Home Sweet Home Pt 4

New Jersey’s top 10 cities for flipping: #1: Gloucester City, New Jersey Located by the Delaware River, Gloucester City’s proximity to Philadelphia by way of the Walt Whitman Bridge is a definite plus. Also, its easy access to the sports stadiums of Philadelphia...

Flippers Find New Jersey Home Sweet Home Pt 3

Another source, WalletHub, did a fix-to-flip study, ranking 150 cities nationwide in which only 2 New Jersey cities ranked, Jersey City (140) and Newark (148). The WalletHub study found that the average return on investment was $62,624 (gross flipping profit) in 2016....