by Anthony | Sep 30, 2019 | Uncategorized
Monmouth County Single Family Homes for August Key Metrics 2018 2019 Change New Listings 973 894 – 8.1% Closed Sales 827 761 – 8.0% DOM* 52 56 + 7.7% Median PX $465K $455K – 2.2% % of PX 97.9% 97.7% – 0.2%...
by Anthony | Sep 27, 2019 | Uncategorized
As the summer draws to a close, multiple opposing factors and trends are competing to define the direction of the real estate market. After the Federal Reserve lowered its benchmark interest rate on July 31, 30-year mortgage rates continued to decline, approaching...
by Anthony | Sep 26, 2019 | Uncategorized
Currently, Freddie Mac reported that the average rate for a 30-year fixed mortgage loan dropped to 3.49%, w hich is the lowest it has been since October of 2016. In the August 2019 “Housing and Economic Research Forecast,” the research team at Freddie Mac wrote the...
by Anthony | Sep 25, 2019 | Uncategorized
Flipped Homes Increase Over 12 Percent According to the ATTOM Data Solutions’ Q2 2019 U.S. Home Flipping Report, there were 59,876 single family homes that were flipped in Q2 2019, a 12.4% increase from the previous quarter. On a year-to-year basis, it fell by...
by Anthony | Sep 23, 2019 | Uncategorized
As published by the site VisitNJ.com, here are a few ideas to take in the autumn foliage. LATE SEPTEMBER/EARLY OCTOBER Mountain Tour (map): Travel to Stokes State Forest in Branchville, brimming with hiking paths, scenic overlooks and picnic facilities. Nearby is the...
