by Anthony | Apr 9, 2019 | Uncategorized
As of February 2019, the average days on market for single-family homes came in at just 80 days. That is down by almost 40% from the time reported in 2011. Properties are selling significantly faster than they were back in 2011. Plus, sellers are getting approximately...
by Anthony | Apr 8, 2019 | Uncategorized
According to the website Realtor.com, the March average home listing price hit $300,000 for the first time ever. What is driving prices higher can be attributed to the shortage of inventory, the shortage of new construction, the stronger economy, and the increased...
by Anthony | Apr 5, 2019 | Uncategorized
The negative factors forcing buyers to flee New York City, high income tax, high sellers’ prices and limitations on deductibility, seem to have made buyers turn into New Jersey’s adjoining Bergen County, looking to get a bigger bang for their bucks. Bergen...
by Anthony | Apr 4, 2019 | Uncategorized
Some news from across the Hudson: New York City’s first quarter sales declined again, according to Douglas Elliman. This represents the sixth consecutive quarter of declines for the Big Apple, the longest downward trend in the last 30 years. Obviously, as the economy...
by Anthony | Apr 3, 2019 | Uncategorized
According to the new CoreLogic report, the nation’s overall delinquency rate fell to 4.1% as of December 2018. The good news is that no state in the Union posted an increase in its overall or serious delinquency rate. This includes foreclosures, as well. The...
