Debt with Older Americans Soars Over 500% – Part 1

According to the Federal Reserve Bank of New York, total debt for Americans over the age of 70 has increased 543% from 1999 through 2019 to $1.1 trillion. This represents the largest percentage increase of debt for any age group. The actual cost of living has combined...

Selecting the Right Title Agency

The buyers and sellers of residential properties especially may not be aware of the critical role that title agents play in facilitating the closing of a real estate transaction from start to finish. Since buying a piece of property isn’t something that you...

Equity Rich in the U.S.A

The consistency in the growth of the economy as well as the growth in the real estate industry overall has had a spillover effect in homeowner equity. According to ATTOM Data Solutions, nearly fifteen million homes in the U.S. were calculated to be equity-rich...

January 2020 Sales Stay Strong

Expectations for 2020 is for the new-home construction market sales to increase 10%. • Single Family Closed Sales were up 3.5% to 5,345. • Townhouse-Condo Closed Sales were up 10.2% to 1,636. • Adult Communities...

Morris County Closed Sales Soar 33%

Morris County Single Family Homes for January Key Metrics 2019 2020 Change New Listings 583 533 – 8.6% Closed Sales 278 369 + 32.7% DOM* 72 74 + 2.8% Median PX $405K $430K + 6.0% % of PX 96.8% 96.9% + 0.1% Inventory 1,748 1,358...