by Anthony | Apr 30, 2020 | Uncategorized
Union County Single Family Homes for March Key Metrics 2019 2020 Change New Listings 712 540 – 24.2% Closed Sales 365 307 – 15.9% DOM* 57 60 + 5.3% Median PX $350K $378K + 8.0% % of PX 98.9% 99.2% + 0.3% Inventory 1,624 1,110...
by Anthony | Apr 29, 2020 | Uncategorized
Morris County Single Family Homes for March Key Metrics 2019 2020 Change New Listings 913 657 – 28.0% Closed Sales 329 309 + 1.4% DOM* 71 72 + 1.4% Median PX $411K $445K + 8.1% % of PX 97.1% 97.6% + 0.5%...
by Anthony | Apr 28, 2020 | Uncategorized
Monmouth County Single Family Homes for March Key Metrics 2019 2020 Change New Listings 1,115 769 – 31.0% Closed Sales 457 484 – 5.9% DOM* 68 62 – 8.8% Median PX $425K $445K + 4.7% % of PX 97.3% 97.4% + 0.1%...
by Anthony | Apr 27, 2020 | Uncategorized
As COVID-19’s impact spread across the country in March, the stock market declines started in February accelerated downward before recovering a bit in the last week of the month. With volatility across all the financial markets, lenders began...
by Anthony | Apr 24, 2020 | Uncategorized
The recent Fannie Mae report projects that home sales may possibly fall by up to 15% in 2020. [That is the number of homes sold, not the price of homes.] The housing projection published by Fannie Mae indicates that total housing starts are expected to fall from 1.5...
