by Anthony | Feb 1, 2022 | Uncategorized
Nationally new home sales were found to have fallen in three out of four regions. The Northeast, Midwest and the South all experienced significant slowdowns of 34.1%, 23.3% and 17.5%, respectively. It was only in the West where the number of new residential home sales...
by Anthony | Jan 31, 2022 | Uncategorized
Q4 was a record-breaking year for the real estate industry. The median sales price increased 6.9% to $401,000 and buyer demand remains high. Mortgage interest rates are expected to rise in 2022 which could cool down the buyer...
by Anthony | Jan 28, 2022 | Uncategorized
Blizzard Forecast for the Jersey Shore The U.S. Weather Service is predicting up to 18 inches of snow will fall from late Friday afternoon until late Saturday afternoon. They are also warning about potential blizzard conditions with winds coming in at 60 MPH. This is...
by Anthony | Jan 27, 2022 | Uncategorized
The 2021 housing market was one for the history books. After three consecutive months of increases recently, existing home sales are on pace to hit their highest level in 15 years, with an estimated 6 million homes sold in 2021 according to the National Association of...
by Anthony | Jan 26, 2022 | Uncategorized
Of course, the scarcity of inventory throughout the state of New Jersey has been a headline for over 2 years, but it appears to have hit a new breaking-point. The available number of homes for sale in Morris County has fallen to just a one-month supply. This has NEVER...