Median Home Price Jumps 8%

Existing home sales jumped in February by 6.5% on a month-to-month basis and it was up 7.2% on a year-over-year basis. In addition the high volume of homes sold cut into the available inventory, causing the homes for sale to fall to 1.47 million or 9.8% on an annual...

Demo to Begin on Former Coca Cola Plant in Asbury

The once iconic landmark building once the home to The Coca-Cola Bobbling Company on Asbury Circle looks like it might have a new tenant after nearly a decade of standing vacant. An Aldi grocery store is being proposed to be built on the site which links Routes 35 and...

Mortgage Originations Projected to Hit $2.61 Trillion

Mortgage Bankers Association has published a new forecast for 2020 total mortgage originations projecting $2.61 trillion. This represents a 20% increase over 2019 originations. The 20% increase in loan originations include both purchase originations and refinances....