The Mortgage Bankers Association reported that credit in August is the tightest in more than six years. This is the result of the concern over a weak economy prompted by the lenders' decision to tighten up their lending standards. The Mortgage Credit Availability...

According to a recent Pew Market Study, the number of young adults living with their parents hit an all-time high in July in 2020. The Pew study reported that 52% of young adults resided with one or both of their parents. This is up 10% from the February report, which...

Freddie Mac reported this week that the average mortgage rate for a 30-year and 15-year fixed mortgage fell to all-time lows. The 30-year fixed-rate average fell to 2.86%; this broke the prior low of 2.88% in the first week of August. The 15-year-fixed-rate rate...

Counsellors Title Agency Continues Expansion Campaign Counsellors Title Agency is pleased to announce that Barry Pawlowski has joined the firm as Title Officer. Mr. Pawlowski comes to Counsellors Title Agency with a distinguished professional background in the title...

TOMS RIVER, NJ – Counsellors Title Agency, Inc., www.counsellorstitle.net, is pleased to announce the promotions of Sandy Blatchford to Vice President and Veronica Tobia to Closing Department Manager. “In response to the dynamic growth Counsellors Title has...

This is the recent Title Wise Newsletter Download Here!

  HOLIDAY OFFICE HOURS Our Office will Close on Friday, September 4th @ 4:30 p.m. Closed Monday, September 7th. We will reopen: Tuesday, September 8th, 8:30 a.m. 

HOLIDAY OFFICE HOURS Our Office will Close on Friday, September 4th @ 4:30 p.m. Closed Monday, September 7th. We will reopen: Tuesday, September 8th, 8:30 a.m. 

Essex County   Single Family Homes for July Key Metrics        2019    2020     Change New Listings        627      796     + 27.0% Closed Sales       584       526      - 9.9% DOM*                   42         50      + 12.4% Median PX       $473K   $532K   + 12.4% %...

Passaic County   Single Family Homes for July Key Metrics        2019    2020   Change New Listings        441      495     + 12.2% Closed Sales       323      267     - 17.3% DOM*                   59        55     - 6.8% Median PX       $345K   $360K  + 4.3% % of...

Monmouth County   Single Family Homes for August Key Metrics        2019    2020     Change New Listings        567      594     + 26.0% Closed Sales      538       416      + 4.8% DOM*                  46         51      + 10.9% Median PX       $485K   $500K     +...

When I read that line in a CNBC story on mortgage rates, it made me laugh. Everybody can clearly remember the impact the lockdown had on the real estate business in April 2020 with an incredibly disappointing month for businesses and real estate. With the the pandemic...