March Sales Monmouth & Ocean Counties

Monmouth County Single Family Homes for March Key Metrics 2022 2023 Change New Listings 802 624 – 22.3% Closed Sales 435 414 – 4.8% DOM* 40 52 + 30.0% Median PX $585K $600K + 2.5% % of PX 101.7% 99.7% – 2.0%...

New Listings, Pending, Closed Sales All Fall Y-O-Y

Nationally, existing home sales jumped 14.5% month-over-month as of last measure, the first monthly gain in 12 months, and representing the largest monthly increase since July 2020, according to the National Association of REALTORS® (NAR). The sudden uptick...

The Best Counties in New Jersey to Invest In

Looking for Homes to Flip Investing in real estate can be a lucrative business, especially if you know how to flip homes. Flipping homes involves buying a property, renovating it, and then selling it for a profit. If you’re considering flipping homes in New...

Mortgage Applications Drop 8%

Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey reported that mortgage applications decreased 8.8% for the week ending April 14, 2023. This drop in mortgage loan application volume is attributed to the bump in higher rates....

Gen Zers Jumping Into Homeownership Faster

According to a recent Redfin report, Gen Zers are definitely the new kids on the block – and in this case, it is both literally and figuratively! In this crazy upside-down world of home buying, Gen Zers are coming out ahead of their predecessors. Redfin is reporting...