New Jersey Dairy Farmer Crisis

Disruption is taking place all over the country. One of the areas that it appears to have taken a significant toll is in New Jersey within its dairy industry. In the 1950s New Jersey accounted for approximately 500 dairy farms. In 2007, it could account for just 225....

Foreclosures Fall Nationally

The US foreclosure market for 2018 improved from 2017 with only 624,753 properties reporting to be in foreclosure. This is down 8% from 2017, and also down 78% from its peak of 2.9 million back in 2010. According to ATTOM Data Solutions, this is the lowest level that...

Retirees Managing Debt

Many seniors today are looking for ways to manage their current debt; a large percentage of that debt is represented by car loans. The TransAmerica study indicated that: ■ About 10% of seniors have debt in excess of $100,000, not including home mortgages ■ 40% of...

Ocean & Monmouth Sales

Ocean CountySingle Family December 2018Key Market Metrics 2017 2018 Change■ New Listings:         630 671    +6.5%■ Closed Sales         630 623   -1.-%■ DOM*                     83   76      -8.4%■ Median Px       $286K  $290K  +1.4%■ % of Px Rec’d   96.6%...

NJ Median Single Family Home Price Rises

Home prices were consistently up again in most markets in 2018 but at reduced levels compared to recent years. High demand for few homes for sale fueled price increases, but evidence is mounting that inventory will finally improve in 2019. This may apply some downward...