Home Prices Increase Again in April

by | Jun 28, 2017 | Uncategorized

According to the Federal Housing Finance Agency, nationwide, home prices increased in April, from the previous month and for the previous year. The numbers showed that home prices increased 0.7% month-over-month in April. The trend projects that the average home price...

Monmouth County Closed Sales Up 24 Percent

by | Jun 27, 2017 | Uncategorized

Single Family Ocean County May 2017 Metrics                2016     2017      Change New Listings      1,378    1,342     – 2.6% Closed Sales          634       756     + 19.2% Days to Close          96         82     – 14.6% Median Sales Px $294K $310K  + 5.4% % of...

NJ Single Family Closed Sales Up 15 Percent

by | Jun 26, 2017 | Uncategorized

Closed sales for single family homes, townhouse-condos and adult community all up by double digits for the first time in recent memory. The buying frenzy is fomenting one of the hottest real estate markets in the last 50 years. Currently there is less than 6 months...

March Mortgage Delinquencies Fall

by | Jun 22, 2017 | Uncategorized

According to the most recent CoreLogic Loan Performance Insights Report, for March 2017, nationally, only 4.4% of mortgages were in some stage of delinquency. The 4.4% figure represented an improvement of 0.8% of a point in the overall delinquency rate as compared to...