Homeowner Equity Hits $8 Trillion

CoreLogic reported that homeowner equity reached $8 trillion in Q2 2017, representing a 100% increase from its levels in 2009, when CoreLogic began tracking the figures.  Home Equity Report Q2 2017 ■ 750,000 borrowers achieved positive equity. ■ CoreLogic analysis...

Freddie Mac Sees New Housing Starts Up for 2018

In a press release issued on September 21, 2017, Freddie Mac sees that the scarcity in inventory will receive some relief in the form of 1.33 million new housing starts in 2018. It also projects that current market trends will see an increase in purchase mortgage...

NJ August Single Family Sales Up 9.9%

Finally New Jersey is putting some numbers on the board, and these are the kinds of numbers that makes the heart soar. Even though the National Association of Realtors reported that existing home sales fell 1.7% to a seasonally adjusted rate of 5.35 million this was...

Sounds of Sirens – Scores Rescued From Rip Currents

Yes, it was the sounds of sirens that were heard all over the Jersey Shore this weekend. In Belmar New Jersey, there were 35 swimmers who were pulled from the dangerous surf over this weekend. A High Rip Current Risk was in effect at all Jersey Shore beaches on Sunday...