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Morris And Middlesex County November Sales

Morris County   Single Family Homes for November Key Metrics        2019    2020     Change New Listings        435      452     + 3.9% Closed Sales       408      608     + 58.8% DOM*                  62        43      – 30.6% Median PX       $420K   $537K    + 27.9%...

November Sales for Monmouth and Ocean Couties

Monmouth County   Single Family Homes for November Key Metrics        2019    2020   Change New Listings         545     591    + 8.4% Closed Sales        555     683     + 23.1% DOM*                   67        42    –  37.3% Median PX       $452K   $560K   + 23.9% %...

November Closed Sales Surge 30%

November saw the Dow Jones Industrial Average top 30,000 for the first time, while mortgage rates reached new record lows again. These new records have provided encouragement for buyers to move forward on home purchases, which continued to remain strong overall for...

Existing Home Sales Surge by 25.8% in November

Existing home sales fell in November, from October of this year, by 2.5%. But professionals are not translating this into a market slow-down. Most view the market measured on a year-over-year basis, which reflects the number of existing home sales skyrocketed 25.8%...

Goal Setting for 2021

One of the things that we can do in the closing days of 2020 to be more effective at work and in life for the coming year is to put together a set of goals. Distinguish between a goal and something on a to-do list. A task is something that we may have to perform in...

Soaring Home Prices Give Flippers Biggest Return 

The surge in residential real estate, especially in suburban and rural markets, has given home flippers a big boost to their bottom lines. Inventory shortages are not only benefiting sellers in this market but those individuals who were able to purchase distressed...

Homebuyer Demand Continues to Drive Prices

Chief Economist Danielle Hale reviews: The impact of the most recent jobless claims The signal for the economic recovery Inflation data Monetary and fiscal decisions that lie ahead The highlights from the November Rent report The effect of historic low mortgage rates...

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