May Morris and Middlesex Counties

Morris and Middlesex Counties Morris County Single Family Homes for May Key Metrics        2020    2021  Change New Listings        689     789    + 14.5% Closed Sales        319     451    + 41.4% DOM*                    55       32    – 41.8% Median PX        ...

Monmouth and Ocean Counties

Monmouth County  Single Family Homes for May Key Metrics       2020    2021    Change New Listings        900     954    + 6.0% Closed Sales       457     581    + 27.1% DOM*                   63       38    – 39.7% Median PX         $485K $595K + 22.7% % of...

May Inventory & Prices Rise Month-Over-Month

As the weather warms and pandemic restrictions ease across much of the country, the U.S. housing market shows little sign of cooling. Robust buyer demand, fueled by low mortgage rates, continues to outpace supply, which remains near historic lows. Nationwide,...

Which Real Estate Markets Will Stay HOT

What’s driving housing prices? Obviously the shortage of available housing inventory is the primary driver to this unrelenting market. But there are other factors that are contributing to an unusual and strong real estate market. First is the rebound of the...

Home Inventory Shortage Compounded by Wall Street

Guess who owns 12,556 homes in Atlanta? An interesting point: it’s a spin-off from the world’s largest private equity company, BlackRock, also known as Invitation Homes. Why is that important? According to a recent article, in certain Atlanta zip codes,...