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 $590K + 8.1% % of PX 99.8% 101.8% + 2.0%...

New Jersey Single-Family Market Stays Red Hot

by | Apr 26, 2022 | Uncategorized

Nationally, existing home sales recently dropped to a 6-month low, falling 7.2% as buyers struggled to find a home amid rising prices and historic low inventory. Pending sales are also down, declining 4.1% as of last measure, according to the National Association of...

The Importance of Title Insurance

by | Apr 25, 2022 | Uncategorized

The average person will own 3 homes in their lifetime. So the choice of title insurance will protect them against defects in the property’s title is crucial. Title insurance provides protection to mortgage lenders and homebuyers against defects or problems with...

Median Price for a Home Hits New Record in March

by | Apr 22, 2022 | Uncategorized

Inflation Now Impacting Housing Markets Some housing supply appears to be increasing but it does not seem to be having a measurable impact upon the price of homes nationwide. Cash sales have hit their highest level of all total sales, accounting for 28% of all...