NY Loses & NJ Gains

Trends to Track – The impact of the recent economic growth has many ramifications, one of which often is reflected in the real estate values throughout each region. In 2017, New York City had 143,000 people move out. This was the first time since 2007 who there...

New Jersey Pinelands Pipeline Construction Starts

The natural gas pipeline has initiated construction in Ocean County. The crews began digging in December, creating a second connection between New Jersey Natural Gas network and the interstate transmission lines. The new pipeline is expected to be operational in 2019....

More Homes Selling Below List

Trends to Track – List price doesn’t equal sales price. It was reported, according to Knock, a national real estate agency, that in 2018, 62% of all homes sold, sold at a price below the original asking price. This seems to buck the trend from earlier in...

The Millennial Market

Millennial Update A Breakdown of Prospective Millennial Buyers■ 89% of Millennial renters say they plan to buy a home someday■ 4% expect to buy in 2019 ■ 30% say they will wait at least 5 years ■ 72% see affordability as the biggest obstacle for their purchase■38% say...