by Anthony | Jun 26, 2019 | Uncategorized
Monmouth County single-family sales remain stable for the month of May on a year-to-year basis. Even though clothes sales dropped by 5.5% the number of new listings increased from 1263 to 1265 year of the year. Median sales price also increased but only by 1.1% to...
by Anthony | Jun 25, 2019 | Uncategorized
At this point in the year, we are getting a good sense for how the housing market is likely to perform for the foreseeable future. And although it is not a particularly exciting forecast, it is a desirable one. Markets across the country are regulating toward a middle...
by Anthony | Jun 24, 2019 | Uncategorized
Building Permits Privately‐owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,294,000. This is 0.3 percent (±1.3 percent)* above the revised April rate of 1,290,000, but is 0.5 percent (±1.4 percent)* below the May...
by Anthony | Jun 21, 2019 | Uncategorized
In 2019, the summer solstice will occur on Friday, June 21, at 11:54 A.M. EDT. This marks the official beginning of summer as the Northern Hemisphere points itself toward the sun, resulting in the longest day and shortest night of the calendar year. By longest “day,”...
by Anthony | Jun 20, 2019 | Uncategorized
The NAHB [National Association of Home Builders] put out a press release stating that “Sentiment levels have held at a solid range in the low- to mid-60s for the past five months.” Current Demand Current demand for single-family homes continues to remain...
