First-Time Buyer Trending Higher

As the formation of households has slowed, so have the number of first-time buyers fallen from prior levels as recorded from the years 1997 to 2013. In the last 20 years, the number of first-time homebuyers has seen a steady pattern of year-over-year loss. As seen in...

Monmouth County Now and Then

To best understand Monmouth County real estate values, it would be prudent to view values today with those of 2011 and 2012. An Example: 2011 vs. 2019 In September 2011, there were 838 new listings and 356 closed sales that month. Compare this with the 958 new...

Fun in Monmouth County

Historic Walnford, Upper Freehold End summer by playing some family-friendly historical games. FREE! Seabrook-Wilson House Tours Sundays, September  8, 15, 22 & 29 from 9-11 a.m. Bayshore Waterfront Park, Port Monmouth FREE! Visit this house, which dates back to...

How Buyers Look for a Home

How buyers search for property  88% of all buyers search for a home on the Internet 87% search for a home through an agent 55% search for a home from a yard sign 45% search for a home with an open house 30% search for a home through a newspaper Only 2% of buyers...

Multi-Family Mortgage Originations Surge 29% From Q1

For the last four years inventory of available homes for sale has consistently dropped, oftentimes in the double digits from year to year and even quarter-to-quarter. As this has taken place, concurrently housing prices have risen, which makes the affordability for a...