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Ralph’s Blogs

February Sales in New Jersey

Mortgage interest rates ticked a bit higher in February, but remain below their February 2020 levels. Interest rates may rise a bit further in coming weeks, but according to Freddie Mac chief economist Sam Khater, “while there are multiple temporary...

Surge of Millennial Buyers Hits Market

Even in the light of the pandemic inventory shortage, buyers continue to come out in droves, specifically Millennials and Generation Xers. In addition to the inventory shortages, the new home buyer is searching out for larger homes to accommodate the work-from-home...

Homeowner Equity Rises Over $1 Trillion

Year-over-year, US homeowner equity increased by over $1.5 trillion since the fourth quarter of 2019. This represents a 16.2% increase from the prior period. The increase in homeowner equity affected approximately 62% of all US properties. Across the country, home...

Stimulus Email Scams

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...

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