Median Price for a Home Hits New Record in March

by | Apr 22, 2022 | Uncategorized

Inflation Now Impacting Housing Markets Some housing supply appears to be increasing but it does not seem to be having a measurable impact upon the price of homes nationwide. Cash sales have hit their highest level of all total sales, accounting for 28% of all...

Warehouse Construction Surging in New Jersey

by | Apr 20, 2022 | Uncategorized

The Surge in Warehouse Construction There is clearly a scramble for buildable parcels of land, especially for warehouse use. New Jersey is in the middle of an ongoing warehouse construction boom as a result of the surging demand created by online shopping, where...

The Housing Market

by | Apr 19, 2022 | Uncategorized

George Ratiu, Manager of Economic Research, discusses the changing economic and real estate landscape as we move through spring. He covers the sharp increase in prices which are taking a bigger bite out of Americans’ paychecks. He mentions that producer prices also...

Builders Are Back

by | Apr 18, 2022 | Uncategorized

According to reports, as of February 2022 there were nearly 800,000 single-family homes under construction in the United States. This represents a 28% increase over 2021 according to US government figures. Despite the rising mortgage rates, and the general shortage of...