News

As home prices continue to rise, homebuyers are looking for other ways to save, especially when they close on their property. Typical closing costs are between 2% and 5% of the loan amount for the borrowers. Closing costs and fees are the expenses that are incurred...

Retention NOT Recession! It's not the fear of a recession that's the buzz in business today; but it's retention, specifically, employee retention, which poses the biggest challenge to businesses and nonprofits today. The news feeds all over the internet are abuzz with...

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Eagle First Responders 5K Sat September 18, 2021 SIGN UP HERE We rely on word of mouth referrals for signups for this special fundraiser. Counsellors Title is one of the sponsors of this event. We are looking for our friend and associates and local businesses to help...

Know how to protecting your real estate transaction from fraud. The more digital we become in our transactions, the more vulnerable we become to those individuals who seek to gain unauthorized access to our transactions. The first step to protecting transactions is to...

Considering the disastrous collapse of the condo in Florida, building inspections and structural inspections become more of a relevant factor when considering purchasing a property. When purchasing a property, the protocols implemented and followed will ultimately...

News of Wegmans first New York City store hit the Internet on Thursday. Wegmans is planning on opening its first Manhattan location on Astor Place, just below 14th Street on the east side of town. This is the second location that Wegmans opened in the 5 boroughs; the...

Union County Single Family Homes for June Key Metrics 2020 2021 Change New Listings 673 659 – 2.1% Closed Sales 374 578 + 54.5% DOM* 51 26 – 49.0% Median PX $415K $515K + 24.1% % of PX 98.9% 103.9% + 5.1% Inventory 1,199 800...

Bergen County Single Family Homes for May Key Metrics 2020 2021 Change New Listings 1,383 1,203 – 13.0% Closed Sales 550 884 + 60.7% DOM* 57 30 – 47.4% Median PX $544K $655K + 20.4% % of PX 97.9% 102.6% + 4.8% Inventory 2,710...

Morris County Single Family Homes for June Key Metrics 2020 2021 Change New Listings 918 812 – 11.5% Closed Sales 419 692 + 65.2% DOM* 58 31 – 46.6% Median PX $480K $600K + 25.0% % of PX 98.2% 102.6% + 4.5% Inventory 1,646 1,025...

Monmouth County Single Family Homes for June Key Metrics 2020 2021 Change New Listings 1,150 1,013 – 12.1% Closed Sales 577 726 + 28.8% DOM* 57 29 – 49.1% Median PX $505K $625K + 23.8% % of PX 97.8% 103.4% + 5.7% Inventory 2,228...

What is clear is that the current housing market doesn't follow the traditional paths it had traveled during the years 1999-2019. The pandemic changed all of that. But behind the scenes, what was slowly taking place was the erosion of available existing homes for...