BIDDING WARS Breaking Out in New Jersey

The surge of buyers into New Jersey’s counties adjacent to New York City has ranked them as 4 out of the top 10 for first-time buyers. The percentage of first-time buyers has now climbed to 39% nationwide; this is up from 30% reported back in 2016. The demand...

More Taxes Coming to NJ

Monmouth County has taken a bit of a hit with respect to the revenues it was projecting to receive during 2020. That will have to be made up somewhere, and somewhere is into the pocketbooks of taxpayers. Surprise, surprise? What exactly happened in 2020? Well, the...

First-Time Buyers Step Up In Northeast

New Jersey Sees Surge in the Number of First-Time Buyers First-time home buyers represent a growing share of the home buying population, which is a trend that only accelerated in 2020. According to CoreLogic Fraud Consortium Loan Application data, the percentage of...

The Effect of Remote Work

The pandemic of 2020 has continued into 2021. The surge of buyers has continued to spillover into the normally quiet months of December and January and is leapfrogging into February, or so it seems. Even though the COVID-19 vaccine is beginning to make its way into...