Inventory Grows and So Do Mortgage Rates

The numbers are confirming that the active inventory of homes for sale is growing even as mortgage rates surpass 7%. According to the National Association of Realtors, the current trend boasted active listings to above their 2020 level in the same month for the first...

The Value of Title Insurance

The Importance of Title Insurance The value of title insurance especially for many homeowners, is the fact that their property is their largest investment—and that’s worth protecting! An Owner’s Policy...

Inventory, Affordability and Interest Rates

If there’s one metaphor that can possibly be applied to this housing market, it’s one big obstacle course. Now with the prices of homes at all-time highs, and inventories at many times all-time lows, interest rates are now climbing into the 7% range, and...

Hudson County September Existing Sales

Hudson County Single Family Homes for September Key Metrics       2021       2022     Change New Listings       134         132      – 1.5% Closed Sales        76           71      – 6.6% DOM*                   44           30       – 31.8% Median PX       $475K   ...

Morris and Middlesex September Existing Sales

Morris and Middlesex Counties Morris County Single Family Homes for September Key Metrics 2021 2022 Change New Listings 591 428 – 27.8% Closed Sales 493 443 – 19.1% DOM* 30 32 + 6.7% Median PX $560K $617K + 10.1% % of PX 101.6%...