Here are some of the trends and features the New Jersey real estate industry will face in 2020:
■ A continued shortage of available housing, especially for the first-time buyer
■ Higher existing home sales
■ A battle with state and local municipalities over the highest property taxes in the country
■ A continuation of a strong economy
■ A strong jobs market
■ Higher wages
■ Higher real estate values
■ A robust tourism market
■ Improvement in infrastructure
■ A solid educational system
If you have any questions about this information or title insurance, please contact Ralph Aponte: 732.914.1400.
Counsellors Title Agency, www.counsellorstitle.net, founded in 1996, is one of New Jersey’s most respected title agencies, serving all 21 New Jersey counties with title insurance, clearing title, escrow, tidelands searches, and closing and settlement services for commercial or industrial properties, waterfront properties and marinas, condominiums, townhouses or residential single family homes. Counsellors Title also features its own Attorney Settlement Assistance Program™ [ASAP], which is an individual resource customized to fit the needs specifically of real estate attorneys, including, Documentation, Preparation, Disbursement of Funds, Attendance at Closing, HUD Preparation or Post-Closing Matters.
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