March Sales for Monmouth & Ocean Counties

Monmouth County Single Family Homes for March Key Metrics       2023       2024      Change New Listings      624        568      – 6.1% Closed Sales     414        316      – 23.7% DOM*                 52         49      – 5.8% Median PX        $597K  $680K   + ...

NJ Existing Home Sales Decrease

U.S. existing-home sales improved for the second month in a row, jumping 9.5% to a seasonally adjusted annual rate of 4.38 million units, exceeding economists’ expectations and marking the largest monthly gain in a year, according to the National Association of...

Interest Rates Hit 7.89%

According to the website Bankrate, the 30-year-fixed mortgage hit 7.896% on April 22nd. This trajectory of interest rates for home mortgages continues to escalate, creating a greater demand upon buyers not only for down payments but also in their monthly budgets for...