An Overview for Real Estate Agents, Loan Officers, Attorneys, and Title Companies
As the real estate market in New Jersey continues to evolve, it becomes imperative for industry professionals, such as real estate agents, loan officers, attorneys, and title companies, to stay updated with the latest trends and appreciate the areas that are experiencing the most growth. The overview of New Jersey’s market produced median price increase of 5.3% for single-family homes and 9.2% for townhouses and condos for the first ten months of 2023 in New Jersey’s 21 counties.
▲ Salem 13.2%
▲ Cape May 12.1%
▲ Somerset 9.1%
▲ Union 8.7%
▲ Gloucester 8.3%
▲ Passaic up 7.4%
▲ Middlesex 7.3%
▲ Mercer up 5.8%
▲ Camden 6.7%
▲ Cumberland 6.8%
▲ Morris 6.0%
▲Mercer 5.8%
▲ Warren 5.4%
▲ Essex 5.4%
▲ Atlantic 4.9%
▲ Burlington 4.9%
▲ Monmouth 4.6%
▲ Bergen 4.2%
▲ Sussex 4.1%
▲ Hudson -0.9%
▲ Hunterdon – 0.9%
If you have any questions about this information or title insurance, please contact Ralph Aponte: 732.914.1400.
Counsellors Title Agency, www.counsellorstitle.net, founded in 1996, is one of New Jersey’s most respected title agencies, serving all 21 New Jersey counties with title insurance, clearing title, escrow, tidelands searches, and closing and settlement services for commercial or industrial properties, waterfront properties and marinas, condominiums, townhouses or residential single-family homes. Counsellors Title also features its own Attorney Settlement Assistance Program™ [ASAP], which is an individual resource customized to fit the needs specifically of real estate attorneys, including, Documentation, Preparation, Disbursement of Funds, Attendance at Closing, HUD Preparation or Post-Closing Matters.
Connect with Ralph on LinkedIn: https://www.linkedin.com/in/ralphaponte/