NJ Real Estate News Links for February

Home Prices Hit Records in Almost Two-Thirds of U.S. Cities https://bloom.bg/2o4tsXT What $500K buys you in real estate in N.J.’s 15 hottest markets http://bit.ly/2FcwfWN This is the best time of year to rent http://on.mktw.net/2EBQhx2 NJ Realtors® Skinny...

Ocean and Monmouth County January 2018

Ocean & Monmouth County January 2018 Results OCEAN COUNTY JANUARY 2018 Single Family January 2018 Key Market Metrics 2017 2018 Change ■ New Listings          1,125 991 – 11.9% ■ Closed Sales            462 448 – 3.0% ■ DOM*                       110 88 – 20.0% ■...

NJ January Inventory Slows Sales

Last year, U.S. consumers seemed to be operating with a renewed but cautious optimism. The stock market was strong, wages were edging upwards and home buying activity was extremely competitive. Not much has changed in 2018 in terms of those measures, yet there is a...

Asbury Park Emerges

Asbury Park has reported significant gains in the value of its real estate over the last few years. Much of this is due to a great deal of re-development. It has seen its average house value surge by 13.68% to $306,600 according to recent figures published. Weehawken...

Buyers Persist Driving Home Prices Higher

Redfin reported that demand for homes continued unabated, further eroding inventory and driving days on market even lower. In a press release issued, Redfin reported that average home prices nationally increased a dramatic 7.8% year-over-year from January 2017 to...