by Anthony | Dec 31, 2018 | Uncategorized
by Anthony | Dec 28, 2018 | Uncategorized
According to the US Census Bureau, apartment absorption, which is the rate at which new units are rented out, is now at the highest level in 3 years. The report stated that apartment construction has reached a 20-year high in 2017, and remains elevated throughout...
by Anthony | Dec 27, 2018 | Uncategorized
Ocean County Single Family November 2018Key Market Metrics 2017 2018 Change■ New Listings: 819 885 +8.1%■ Closed Sales 584 665 + 13.9%■ DOM* 86 84 – 2.3%■ Median Px $305K $310K + 1.5%■ % of Px Rec’d 96.3% 96.7% + 0.4%■ Inventory 4,201 4,026 – 4.2%■ Months of Inventory...
by Anthony | Dec 26, 2018 | Uncategorized
The booming U.S. economy continues to prop up home sales and new listings in much of the nation, although housing affordability remains a concern. Historically, housing is still relatively affordable. Although Freddie Mac recently reported that the 30-year fixed rate...