by Anthony | Feb 24, 2021 | Uncategorized
January started off strong for the housing market, with healthy buyer demand and strong market fundamentals. A robust increase in housing starts in December points to an active year for new construction, but higher material costs, especially lumber, and a limited...
by Anthony | Feb 23, 2021 | Uncategorized
Over the last few years lumber prices have skyrocketed as much as 300%. Dating back to January 2017, housing starts for single-family homes were up strongly by 7%. Then all of a sudden COVID-19 hit and between May and July of 2020, housing starts increased by 17%...
by Anthony | Feb 19, 2021 | Uncategorized
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by Anthony | Feb 18, 2021 | Uncategorized
The surge of buyers into New Jersey’s counties adjacent to New York City has ranked them as 4 out of the top 10 for first-time buyers. The percentage of first-time buyers has now climbed to 39% nationwide; this is up from 30% reported back in 2016. The demand...
by Anthony | Feb 17, 2021 | Uncategorized
Monmouth County has taken a bit of a hit with respect to the revenues it was projecting to receive during 2020. That will have to be made up somewhere, and somewhere is into the pocketbooks of taxpayers. Surprise, surprise? What exactly happened in 2020? Well, the...
