NJ 4th of July Happenings

by | Jul 3, 2019 | Uncategorized

Atlantic Highlands Marina Fireworks  Friday, July 5, 2019: The Atlantic Highlands Firemen’s Fair takes place July 2nd to July 6th and the Borough of Atlantic Highlands Independence Day Fireworks display will be held on Friday, July 5th. Avalon Independence Day...

National New Home Sales Fall

by | Jul 2, 2019 | Uncategorized

Data from the Census Bureau and the Department of Housing and Urban Development [HUD] indicates new homes sales in May fell by 7.8% (626,000 at an annualized pace from April’s upwardly revised rate of 679,000.) This represents a new 5-month low. The temptation is to...

May National Existing Home Sales Rebound

by | Jul 1, 2019 | Uncategorized

Homes stayed on the market an average of 26 days in May and prices were up nearly 5% compared to a year ago. The National Association of Realtors recently reported that existing-home sales hit 5.34 million, a seasonally-adjusted annual pace in May. Buyer demand...

Morris and Middlesex Counties

by | Jun 28, 2019 | Uncategorized

Morris County Single Family Homes for May Key Metrics    2018   2019   Change New Listings  1,117   1,077 – 3.6% Closed Sales     441      468   + 6.1% DOM*              56        57      + 1.8% Median PX     $440K  $455K  + 3.4% % of PX      98.6%   98.7%    + 0.1%...