Counsellors Title Closed for Black Friday

The day after Thanksgiving is not a public holiday but is a holiday in almost half the states in the U.S. and is given as a day off by most employers. It is termed ‘Black Friday’ coming from the understanding that many retailers in the past would go from...

Morris & Middlesex Sales

Morris County   Single Family Homes for October Key Metrics 2018 2019 Change New Listings 625 663 + 4.5% Closed Sales 420 458 + 9.0% DOM*        62 61   – 1.6% Median PX $418K $460K + 9.9% % of PX   97.5%  97.7% + 0.2% Inventory 2,285 2,039    – 10.8% Months Supply...

Monmouth & Ocean October Sales

Monmouth County Single Family Homes for October Key Metrics   2018 2019 Change New Listings   913  909   – 0.4% Closed Sales  603  570  – 5.5% DOM*          65   62    – 4.6% Median PX $420K $430K + 4.6% % of PX      97.3% 97.4% + 0.1% Inventory  3,129    2,7357  –...

New Jersey October Sales

In October, mortgage rates increased slightly from the three-year lows seen in September. While the Federal Reserve reduced the federal-funds target rate by .25%, this decline was widely expected and largely factored into mortgage rates already, which are still...