Manhattan Real Estate Purchases Sink

Manhattan real estate prices continue to fall. According to the report issued by Douglas Elliman, the average sales price for Manhattan real estate property fell by 7.5%. According to the CNBC report, the average sales price in Manhattan fell to $1.8 million. The...

Mortgage Apps Surge

Yesterday’s BLOG focused on the spike in the numbers of buyers and sellers entering the home-buying market. This was confirmed by the recent report issued by the Mortgage Bankers Association. This week’s mortgage application survey conducted by the...

2020: Buyers and Sellers Agree

The National Association of Realtors announced that their survey of buyers and sellers indicated both feel it’s a good time to buy and sell. This survey was conducted in the fourth quarter of 2019. It reported that 63% of people believe now is a good time to buy...

Monmouth County Home Repair Program

Every homeowner knows that home repairs and maintenance are often expensive and inconvenient. In Monmouth County, New Jersey, the Office of Community Development Division of Planning administers a special program. This program can fund home improvements and repairs...

Inventory Shrinkage in Real Estate Part 2

The potential solutions that could possibly change the trajectory of massive shortages of homes for sale will rest upon home builders who will build on the available buildable lots in order to fill in the gaps. The National Association of Realtors this past week...