In 2019, the average amount paid in real estate taxes in New Jersey was a national high of $8,953, representing an increase of $186 over the amount paid in 2018. Though this figure is significant, there is a bright side to this: the average homeowner gains in the...

The National Association of Realtors released its third-quarter results for sales of existing homes. They reported that in 65% of the 181 metro areas, prices experienced a double-digit increase year-over-year. Many of the largest gainers in the third quarter were...

This market in New Jersey has taken on a life of its own. It almost feels like the Seattle or Austin markets. When nearly every single category in the major metrics such as sales, closed sales, median sales price, average sales price and days on market, all are being...

According to the Mortgage Bankers Association, "The refinance share of mortgage activity increased to 70.0 percent of total applications from 68.7 percent the previous week. The adjustable-rate mortgage (ARM) share of activity decreased to 2.0 percent of total...

According to some surveys, 42% of individuals today are working from home. A great deal of anticipation and expectation is surrounding the future of the new domestic economy as it begins to reopen in the post-pandemic era. Some experts are anticipating that up to 25%...

According to the National Association of Realtors, home sales on existing homes increased in the Northeast by 2% at 27.7% annually. The Northeast's sustained month-to-month increase was due primarily to the exodus from densely populated areas into more suburban...

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Another concern is that the real estate industry in general is expecting to face some hard times. New York City will depend on the revenues generated from its real estate values, which in prior years had generated approximately $30 billion in 2019. This number for a...

According to a number of different studies and reports, the amount of unpaid rent by December 2020 could reach billions of dollars. This is the result of the accumulation of job losses, furloughs, closed businesses, shutdowns and lockdowns. According to some research,...

The protection of a buyer’s title insurance policy comes when the title insurance company indemnifies the purchaser’s rights to the value of the property covered by the policy written.