by Anthony | Nov 9, 2021 | Uncategorized
Market Overview November 2021 People under the age of 44 have been driving the homeownership rate higher; while 45 to 64 year olds have seen homeownership drop. 3Q 2021 realized a strong upward inflection in household formation. The median price of existing home sales...
by Anthony | Nov 8, 2021 | Uncategorized
Friday’s jobs report, highlighted in more detail by Manager of Economic Research George Ratiu, reinforced the Fed’s optimism, and weekly jobless claims also trended in a healthy direction. Despite decent economic news in the 3rd quarter, the homeownership rate was...
by Anthony | Nov 5, 2021 | Uncategorized
The week’s Title Wise – Click Here!
by Anthony | Nov 4, 2021 | Uncategorized
The big decision of Zillow to close down its iBuying business in November of 2021 may not only reveal a flawed business model but also the segue to a new real estate market climate. Inventories continue to contract, and interest rates for mortgages remain at or near...
by Anthony | Nov 3, 2021 | Uncategorized
Morris and Middlesex Counties Morris & Middlesex County Single Family Homes for September Key Metrics 2020 2021 Change New Listings 813 586 – 27.9% Closed Sales 614 493 – 19.7% DOM* 51 30 –...