August is the New April

When I read that line in a CNBC story on mortgage rates, it made me laugh. Everybody can clearly remember the impact the lockdown had on the real estate business in April 2020 with an incredibly disappointing month for businesses and real estate. With the the pandemic...

July Monmouth & Ocean County Sales

Monmouth County   Single Family Homes for July Key Metrics        2019    2020   Change New Listings         959   1,183     + 23.4% Closed Sales        695      748     + 7.6% DOM*                   52        56     + 7.7% Median PX       $470K   $500K    + 6.4% % of...

NJ July 2020 NJ Monthly Stats

While much of the country was working on a phased reopening of the economy in June, real estate activity continued to strengthen as well. Nationally, June showing activity as tracked by ShowingTime was up notably from the COVID-19 depressed levels in recent months but...

Existing Home Sales Skyrocket by 25%

July home sales surged by 24.72% year-over-year. Obviously the Chinese virus, resulting in the worldwide pandemic, held back much of the classic and traditional spring home buying season, squeezing a riot of home buyers into the market, driving transactions and higher...