NJ December Sales

In 2019 home prices were up again in most markets. Buyer demand continues to be strong but with tepid seller activity still in many locations, total sales are lower than they would normally be in a more balanced market. While up from their recent lows a few months...

Refin Reports Real Estate is Red-Hot

December U.S. home-sales, as reported by Redfin, skyrocketed by 6.9% year-over-year with a median price of $312,500. This represented the fifth consecutive month of increases, and a jump of 1.0% from November on a seasonally-adjusted basis. In its press release Redfin...

Smart 2020 Trends

Tech & Artificial Intelligence Technology is having a dramatic impact on the real estate industry. The Internet has become the default tool in the home search process with nearly 95% of home buyers using it to search for homes and 17% have conducted some variation...

HMI Soars 29 Percent Y-O-Y

The National Association of Homebuilders released its recent results for the month of January 2020. The housing market index (HMI) came in at 75; this compares with the reported index for December of 76. The difference of one single point in the course of the market...