by Anthony | Aug 20, 2019 | Uncategorized
As the housing market continues to trend higher and inventory becomes more scarce, the time it takes for a home to be bought and sold is also shrinking. Technology is clearly contributing to the speed of transactions, but considering the number of things that must be...
by Anthony | Aug 19, 2019 | Uncategorized
Monmouth County’s average property tax bill came in at $8,975 during 2017, a bill that was about $300 higher than the state average. NJ property taxes: Schools soak up more than half of the average tax bills. This features the top dozen properties and what they...
by Anthony | Aug 16, 2019 | Uncategorized
The median monthly rent has climbed 3% year-over-year in June, reaching $1,483 in the U.S. today. This is an all-time high. Home values, on the other hand, have slowed down in their appreciation to 5.2% from the 7.6% recorded back in 2018. According to the Zillow...
by Anthony | Aug 15, 2019 | Uncategorized
Home prices nationwide came in at 3.4% in June 2019 according to the recent CoreLogic analysis. This increase exceeds the inflation rate but still is manageable and in no way reflects the overheated real estate market of 2006-7. This is also a far slower pace of...
by Anthony | Aug 14, 2019 | Uncategorized
Refinances accounted for 12% of the loans for the week, increasing by 116% from 2018. Total mortgage application volume increased 5.3% from the prior week, with volume surging by 46.5% from 2018. According to the Mortgage Bankers Association [MBA], the average...