A Preview for NJ – As Demand Explodes in Atlanta

According to Redfin, housing demand was up 25% year-over-year for the first week in June. In some cases there was a slingshot effect, as in the case of Atlanta, where pending home sales surged by 20% year-over-year from 2019. Even though the Atlanta and Southeast...

Mortgage Apps Jump 11 Percent

The Mortgage Bankers Association reported that mortgage applications for new home purchases increased 10.9% compared to May 2019 figures. From a 2020 perspective, the number of new mortgage applications rose by 26% compared with figures from April 2020. “The...