Monmouth County   Single Family Homes for January Key Metrics        2020    2021   Change New Listings         885     607    –31.4% Closed Sales        489     540     + 10.4% DOM*                   68        47    –  30.9% Median PX       $460K   $549K   + 19.3% %...

January started off strong for the housing market, with healthy buyer demand and strong market fundamentals.

Over the last few years lumber prices have skyrocketed as much as 300%. Dating back to January 2017, housing starts for single-family homes were up strongly by 7%. Then all of a sudden COVID-19 hit and between May and July of 2020, housing starts increased by 17%...

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The surge of buyers into New Jersey's counties adjacent to New York City has ranked them as 4 out of the top 10 for first-time buyers. The percentage of first-time buyers has now climbed to 39% nationwide; this is up from 30% reported back in 2016. The demand for...

Monmouth County has taken a bit of a hit with respect to the revenues it was projecting to receive during 2020. That will have to be made up somewhere, and somewhere is into the pocketbooks of taxpayers. Surprise, surprise? What exactly happened in 2020? Well, the...

New Jersey Sees Surge in the Number of First-Time Buyers First-time home buyers represent a growing share of the home buying population, which is a trend that only accelerated in 2020. According to CoreLogic Fraud Consortium Loan Application data, the percentage of...

Happy President's Day From Counsellors Title Agency We will be closed February 15th in honor of our nation's leaders. We will recopen on February 16th.

The pandemic of 2020 has continued into 2021. The surge of buyers has continued to spillover into the normally quiet months of December and January and is leapfrogging into February, or so it seems. Even though the COVID-19 vaccine is beginning to make its way into...

There are definite steps that you can take to accelerate the closing on a property.   ■ Put together a proven team. Make sure they are individuals who are knowledgeable with the local market ■ Begin your property search as soon as possible ■ Anticipate glitches and...

New Jersey, New York, Illinois, Connecticut and California topped the states with the most number of people moving out of them. States showing inbound movement included Florida and South Carolina. COVID-19 became the big trigger causing many people to move in 2020....

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