by Anthony | Mar 1, 2017 | Uncategorized
The National Association of Realtors reported that regionally, pending home sales in the Northeast rose 2.3% month-to-month and were 3.6% above 2016. In the Midwest sales fell 5.0% for the month and were 3.8% lower than January 2016. Pending home sales in the South...
by Anthony | Feb 28, 2017 | Uncategorized
Monmouth County January Key Metrics 2016 2017 Percent Change New Listings 799 906 + 13.4% Closed Sales 362 440 + 21.5% Days on Market Until Sale 91 74 – 18.7% Median Sales Price $370,000 $406,500 + 9.9% % of PX Received 94.8% 96.5% + 1.8% Inventory 3,238...
by Anthony | Feb 27, 2017 | Uncategorized
New Jersey January Market Trends • Single Family Closed Sales were up 13.1% to 4,930. • Townhouse-Condo Closed Sales were up 7.4% to 1,438. • Adult Communities Closed Sales were up 16.4% to 440. • Single Family Median Sales Price increased 1.1% to $288,000. •...
by Anthony | Feb 24, 2017 | Uncategorized
According to the website Zillow, there is a surge of unmarried Millennial couples purchasing homes. The numbers have increased 36%: from 11% in 2005 to 15% in 2016. [Millennials range between the ages of 24 and 35.] This is leading to couples forsaking a marriage...
by Anthony | Feb 23, 2017 | Uncategorized
January Existing Home Sales Reflect Robust Buyer Demand for Spring The National Association of Realtors® reported that all major regions except for the Midwest saw sales gains for January 2016. Existing-home sales stepped out to a fast start in 2017, surpassing a...
