NJ Real Estate Market Moves Higher – Again!

by | Aug 24, 2018 | Uncategorized

The New Jersey market is super strong. Sales of single family home surged forward by 7.9%.  What is another good sign is that the percent of price received was calculated to be 98.5%. Also, inventory appears to be settling in the 6 month rage, with July’s...

Average Median Price Hits New High – $269,600

by | Aug 23, 2018 | Uncategorized

Here we go with another new high. The median existing-home price for all housing increased to $269,600′ this surpassed last July’s $258,100. The 4.5% increase from last July represents the 77th consecutive straight month of year-over-year gains. As...

U.S. Forclosure Rates Continue Their Slide

by | Aug 22, 2018 | Uncategorized

One of the sure signs of a solid and stable economy is the foreclosure and delinquency rates for home mortgages. Such rates reported by CoreLogic have fallen to their lowest levels in 12 years for May 2018.  According to CoreLogic’s Loan Performance Insights...

Home Buyers Are Showing Some Muscle

by | Aug 21, 2018 | Uncategorized

A few months ago, we began to see those West Coast hot spots such as San Diego and Seattle starting to flatten out in terms of prices. What we are now discovering is that the recent time of the bidding war may be coming to a close, at least temporarily. According to...