The National Association Home Builders reported new single-family home sales hit a seasonally adjusted rate of 1.01 million, an increase of 4.8% over the July 965,000 number. This is the strongest adjusted annual rate since September of 2006. New home sales based upon...

August's existing home sales continued its upward trend. This momentum was reported for all four regions, Northeast, Midwest, South and West. Sales increased year-over-year by 10.5% from 2019, on target to hit 6 million transactions, up from 5.43 million reported the...

Nationally Freddie Mac reported that mortgage rates have stayed below 3% for 11 consecutive weeks. This has clearly had an impact on the robust housing market. The average US mortgage for a 30-year fixed loan fell one basis point to 2.87% this past week. The fixed...

Wishing All of our Friends, Clients and Associates a Great Columbus Day! We look forward to a record finish for the fourth quarter of 2020! HOLIDAY OFFICE HOURS The Office is Closed Monday, October 12th. We will reopen: Tuesday, October 13th, 8:30 a.m. 

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The first title insurance company, the Law Property Assurance and Trust Society, was formed in Pennsylvania in 1853.

Median listing prices grew at 12.4% from 2019. The 20th consecutive week of increasing price growth. Low mortgage rates are helping buyers offset this increased cost. New listings fell 6%. Total inventory nationwide was fell 39 percent from 2019. Days on Market fell...

In a time when we’re all trying to get through the COVID-19 pandemic, cyber criminals are seizing upon it as an opportunity to attack. Reports of fake emails, texts, phishing, robocalls, dangerous links and more are already emerging related to COVID-19. Counsellors...

  Finally, the numbers are bearing the exodus out! Essex and Union counties reported their August sales, and both counties blew the numbers out of the water! They both reported significant increases in the median sales price, in new listings, closed sales, and...

  https://drive.google.com/file/d/1phJ3pGJWSpM4C5z23sOhHnroE8ZLAPLk/view?usp=sharing  

https://youtu.be/f7KtyYliTnA

Passaic County   Single Family Homes for August Key Metrics        2019    2020   Change New Listings        337      479     + 42.1% Closed Sales       337      355     + 5.3% DOM*                   51        45     - 11.8% Median PX       $355K   $400K  + 12.7% % of...