by Anthony | Jul 27, 2023 | Uncategorized
Monmouth County Single Family Homes for June Key Metrics 2022 2023 Change New Listings 933 673 – 27.9% Closed Sales 618 518 – 16.0% DOM* 26 35 + 34.6% Median PX $675K $690K + 2.2% % of PX 104.9% 102.3% – 2.5%...
by Anthony | Jul 26, 2023 | Uncategorized
Temperatures are heating up, yet the U.S. housing market remains cooler than usual for this time of year due to a combination of low inventory and higher borrowing costs, which have restricted market activity going into the summer homebuying season. According to the...
by Anthony | Jul 25, 2023 | Uncategorized
Because of the prolonged shortage of inventory and the fluctuation of mortgage rates, many potential buyers may have resigned themselves to a “bite the bullet” buying strategy. What a current survey from Clever Real Estate shows us is 93% of 2023 buyers...
by Anthony | Jul 24, 2023 | Uncategorized
Right now, the real estate market is not falling! No, but there are significant barometers to consider when buying or selling. More things than ever have to be considered. Facts: rates are higher. Not only rates but real estate taxes are all moving higher, most of...
by Anthony | Jul 21, 2023 | Uncategorized
By: Anthony DiMaio There seemed to be an increase in the number of foreclosures that occurred in the first six months of 2023, with one in every 752 properties filing for a foreclosure. This is significantly lower than the traditional number of foreclosures. In the...
