Wall Street Slows Down Purchases of Homes

by | May 2, 2022 | Uncategorized

CoreLogic reports 12 consecutive months of annual home price increases. The home price increases are only further complicated by the rising mortgage rates that have crossed the 5% line. Except for a few days in 2018, mortgage rates have been below the 5% benchmark...

Morris and Middlesex County March Sales

by | Apr 29, 2022 | Uncategorized

Morris and Middlesex Counties  Morris County Single Family Homes for March Key Metrics       2021       2022     Change New Listings       719         569     – 20.9% Closed Sales      404         336     – 16.8% DOM*                   47           38      – 19.1%...

Monmouth and Ocean County March Sales

by | Apr 27, 2022 | Uncategorized

Monmouth County Single Family Homes for March Key Metrics       2021       2022      Change New Listings       890         804       – 9.7% Closed Sales      550         434       – 21.1% DOM*                   53           39        – 26.4% Median PX        $546K   ...