by Anthony | Jan 25, 2023 | Uncategorized
2022 was a turbulent year for the US housing market, as inflation, soaring interest rates, and elevated sales prices combined to cause a slowdown nationwide. Affordability challenges continue to limit market activity, with pending home sales and existing-home sales...
by Anthony | Jan 24, 2023 | Uncategorized
Despite the fact that interest rates have doubled over the last 12 months, inventories have contracted by double-digits from 2021, and inflation has torn apart most prospective buyers’ budgets, existing home sales totaled 5.02 million in 2022. On a...
by Anthony | Jan 23, 2023 | Uncategorized
A total of 324,237 U.S. properties reported foreclosure filing in 2022, which is up 115% from 2021. This number is only 89% of the 2.9 million foreclosures reported in 2010 in the midst of the crash. The 324,237 foreclosure properties in 2022 total 0.23% of all U.S....
by Anthony | Jan 20, 2023 | Uncategorized
This Week’s Title Wise Newsletter What is the economic health of New Jersey’s real estate industry? Some hard facts: inventory still remains at record low levels. Homeowner equity due to the recent surge in prices during the COVID breakout is still very...
by Anthony | Jan 19, 2023 | Uncategorized
Today, cash and contacts are the most valuable assets on the internet. As business professionals, we spent years building up our networks to maintain visibility and to increase deal flow. Some opportunities begin with an invitation, but not all invitations are created...
