Q4 New Jersey Realtor Skinny

Q4 was a record-breaking year for the real estate industry. The median sales price increased 6.9% to $401,000 and buyer demand remains high. Mortgage interest rates are expected to rise in 2022 which could cool down the buyer...

Storm Clouds Are Rising on the Jersey Shore

Blizzard Forecast for the Jersey Shore The U.S. Weather Service is predicting up to 18 inches of snow will fall from late Friday afternoon until late Saturday afternoon. They are also warning about potential blizzard conditions with winds coming in at 60 MPH. This is...

The Market Crisis in Morris County

Of course, the scarcity of inventory throughout the state of New Jersey has been a headline for over 2 years, but it appears to have hit a new breaking-point. The available number of homes for sale in Morris County has fallen to just a one-month supply. This has NEVER...

Inflation Strikes Again

Inflation seems to have hit the housing market again according to a recent report published by Redfin. December mortgage payments for home buyers skyrocketed by 21.6% from December 2020, coming in at $1,553. Mortgage payments aren’t the only thing rising; the...