by Anthony | Nov 3, 2022 | Uncategorized
Bergen and Passaic Counties Bergen County Single Family Homes for September Key Metrics 2021 2022 Change New Listings 833 659 – 20.9% Closed Sales 742 603 – 18.7% DOM* 32 34 + 6.3% Median PX $605K $654K + 8.1% % of PX 101.3%...
by Anthony | Nov 2, 2022 | Uncategorized
Some markets are very sequential and ordered; but the market that we’ve been in for the last nearly 3 years is anything but normal. As a matter of fact, normal isn’t even used when discussing a property. In a recent article in Money magazine, approximately...
by Anthony | Nov 1, 2022 | Uncategorized
■ GDP growth trends GDP increased this past quart ■ Durable goods trends: orders for durable goods increase ■ Labor market trends, unemployment trends unemployment claims climbed to 217K, continuing claims also increase to 1,438,000 + 55K ■ Inflation trends...
by Anthony | Oct 28, 2022 | Uncategorized
CoreLogic published their loan performance report. The percentage of domestic mortgage holders who were 6 months or more late on their mortgage payments fell in August 2022 to an all-time low of 2.8%. This compares to the percentage rate of 4.0 back in August 2021....