Was anybody on the roads this past weekend? A friend of mine alerted me to the reason why there was so much extraordinary traffic all over the roads. She explained to me that the stimulus checks got deposited into people's accounts on March 13th. That meant all that...

Over the last six months a significant amount of your work time most likely has been working from home. Typically those individuals who have not established protocols for working from their house or apartment may find themselves to be less productive than in the...

https://youtu.be/Wql3qGGXOZg

There are at least 6 factors that will continue to drive this market into even higher record territory. 1. Record Low Mortgage Rates Rates fell below 3% --- what is more encouraging is that they continue to run below 3.5%. Such low rates, within the perspective of...

A Snapshot of the New Jersey Market Taking a look at the New Jersey single-family home market, back in October of 2018 there were roughly 40,000 homes available for sale. Much of the inventory back in October 2018 was 5.8-months supply. Within 12 months that supply...

Some of the reportage on the market characterizes the inventory shrinkage as a loss of new listings, rather than the voracious buyer appetite in this historic real estate market. In one report, the journalist indicated that they discovered there were half as many...

According to the Mortgage Bankers Association, the total number of loans now in forbearance fell by 7 basis points from 5.29% portfolio volume to 5.22% as of February 14th. This translates into approximately 2.6 million homeowners that are in forbearance. The share of...

https://youtu.be/WgnfjWdn1X4

● In this ferociously liquid real estate market, putting together the buyer’s team of the real estate agent, the loan officer and the attorney, what advice can you offer? ● How does an attorney leverage his knowledge to speed up the transaction? ● What are some first...

Bergen County   Single Family Homes for January Key Metrics        2020    2021   Change New Listings         854     687    – 25.4% Closed Sales        480     663     + 38.1% DOM*                   71        48    –  32.4% Median PX       $493K   $560K   + 13.6% %...

Union County   Single Family Homes for January Key Metrics        2020    2021   Change New Listings         551     428    – 22.3% Closed Sales        338      387     + 14.5% DOM*                   60        37     – 38.3% Median PX         $375K   $450K   + 20.0% %...