News

Hudson County Sales                                 2021    2022   Change  New Listings           113       105       - 7.1% Closed Sales             92        87       - 5.4% DOM                         44        49        + 11.4% Median PX             $450K $465K   ...

New Jersey homeowners are going to see something happen that's never happened before, they are going to get property tax relief. New Jersey Governor Phil Murphy presented a proposal for the coming fiscal year as part of his effort to finally address the burden of...

For the past 25 years, going on 26 years, Counsellors Title Agency has provided New Jerseyans with titles to their dream homes, and don't plan on stopping anytime soon. If you're looking to buy or sell your home this year, contact us today for information on your...

Union & Essex Counties Union County Single Family Homes for January Key Metrics 2021 2022 Change New Listings 435 316 – 27.4% Closed Sales 389 313 – 19.5% DOM* 37 38 + 2.7% Median PX $455K $460K + 1.1% % of PX 100.6% 102.0%...

Bergen and Passaic Counties Bergen County Single Family Homes for January Key Metrics 2021 2022 Change New Listings 660 520 – 21.2% Closed Sales 662 558 – 15.7% DOM* 48 46 – 4.2% Median PX $560K $590K + 5.4%...

The current state of commercial real estate remains solid, with several economic drivers seen as being responsible for this: â–  Low inventory of available inventory of existing starter homes â–  Inability of construction firms to...

Morris and Middlesex Counties Morris County Single Family Homes for January Key Metrics 2021 2022 Change New Listings 410 316 – 22.9% Closed Sales 392 335 – 14.5% DOM* 41 37 – 9.8% Median PX $517K $580K +...

Monmouth County Single Family Homes for January Key Metrics 2021 2022 Change New Listings 611 488 – 20.1% Closed Sales 539 449 – 16.7% DOM* 46 39 – 15.2% Median PX $550K $580K + 5.5% % of PX 99.5% 100.8% +...

The 2022 real estate market begins where 2021 left off, in which existing home sales reached their highest level since 2006, with the National Association of REALTORS® reporting sales were up 8.5% compared to the previous year as homebuyers rushed to take...

OVERPRICED?  A recent report being cited by MarketWatch indicates that the coastal towns are not the big winners in this bonanza real estate market. The typical places that we would expect to be overvalued are not – Los Angeles and New York – but actually the number...

The Mortgage Bankers Association reported that the forbearance rate fell to 1.3% in January from 1.41% in December. This translated into approximately 650,000 homeowners who were in forbearance as of January 31st. This metric has only been calculated by the MBA for...

Aspire Program New Jersey's Aspire program is opening up for applications as part of the state's $14.5 billion Economic Recovery Act. The incentive for the program was intended to attract economic development and commercial and residential real estate projects in...