February 2017 Monmouth & Ocean Results

Monmouth County 2017 Single Family Key Metrics        2016       2017       Percent Change New Listings       912         979         + 7.3% Closed Sales       325         350         + 7.7% Days on Mrkt     81           74            – 8.6% Median Px      ...

Seller Optimism Sizzles

The National Association of Realtors report also found that 69% of homeowners think “now is a good time to sell,” which is up from 62% from the fourth quarter and up from 56% from this time in 2016. Optimism Soars for U.S. Households According to the most recent...

Part 2 Foreclosure Story

When the Wall Street Journal reported that Goldman Sachs purchased of a portfolio of non-performing loans from Fannie Mae, it wasn’t the first time. No, this has been an ongoing process in which Goldman has made purchases of severely delinquent home loans from the...

Foreclosures Hit New Low

ATTOM Data Solutions released their recent February report showing 17 consecutive months of annual decreases. The report presents foreclosure data hitting an 11-year low, dating back to November 2005. Still, there were a score of states reporting increases in...

New Jersey’s 60K New Jobs Best Since 2000

Gov. Chris Christie made sure the media was aware of the new federal statistics which credited New Jersey with creating 60,800 new private-sector jobs in 2016. Considering New Jersey’s comparatively slow rebound from the Great Recession, the 60,800 figure was...