NJ June Real Estate Sales

June Real Estate Sales As was widely expected, the Federal Reserve did not change the target range for the federal funds rate – currently set at 2.25 to 2.5 percent – during their June meeting. Although the economy is still performing well due to factors such as low...

Median Sale Hits New Record Part 1

Every company’s story ultimately involves bringing people together to achieve a common goal. So it’s natural that their common goals and inspirations lie at the heart of the narrative. The Q2 2019 U.S. Home Sales Report published by ATTOM Data Solutions showed that...

Monmouth County Fair July 24-28

The 45th annual Monmouth County Fair takes place July 24th -28th. It will be held at the East Freehold Showgrounds, 1500 Kozloski Road in Freehold. The Fair is open from 5 p.m. to 11 p.m. on Wednesday, Thursday and Friday. Hours for Saturday are from 11 a.m. to 11...

The State of Real Estate

CoreLogic: Key Findings on the Economic Influence of Housing   The number of homes with negative equity has decreased Total percent of homes underwater went from 25.9% in the first quarter of 2010 to 4.1% in the first quarter of 2019. Total home equity hits new record...

Reasons Properties Fail to Close

According to Trulia, 3.9% of sales failed in 2016. The causes for such failed transactions can be attributed to a number of causes: ■ Property title issues: prior to the close, the mortgage company will conduct a search usually through a title agency to make sure...