August Sales for Morris & Middlesex Counties

Morris and Middlesex Counties Morris County Single Family Homes for August Key Metrics 2023 2024 Change New Listings 358 348 – 2.6% Closed Sales 404 459 + 13.6% DOM* 25 22 – 12.0% Median PX $680K $750K + 10.4% % of PX 105.7%...

August Sales for Monmouth & Ocean

Monmouth County Single Family Homes for August Key Metrics 2023 2024 Change New Listings 628 678 + 8.0% Closed Sales 485 526 + 8.5% DOM* 33 35 + 6.1% Median PX $760K $765K + 0.7% % of PX 102.4% 102.6% + 0.2% Inventory 1,340 1,345 + 0.4% Months Supply 3.2 3.3 + 3.1%...

NJ August Monthly Real Estate Sales

U.S. existing-home sales increased for the first time in 5 months, as lower mortgage rates and rising supply helped boost market activity. According to the National Association of REALTORS® (NAR), sales of previously owned homes rose 1.3% month-over-month...

The True State of Default

The State of Default by Anthony DiMaio Not all news is written to inform; some news is just written to scare you and attract attention and eyeballs. A recent report stated that a housing price crash was in the future for three states. They referred to the report...

Case-Shiller Reports 2024 Housing Market Index

Case-Shiller Reports Another Record for the Home Price Index Northeast Real Estate Market Outpaces Other Regions While the pace of home price growth is slowing, prices continue to climb across the U.S. The latest S&P CoreLogic Case-Shiller Index reveals that home...