While the stock market recovered significantly in March, the effects of COVID-19 to the economy continue to build. In just the last four weeks, more than 20 million people nationwide filed initial unemployment claims according to the United States Department of Labor,...

Counsellors Title, this year in observance of Memorial Day, will be closed this Monday, May 25th, 2020, in honor of the men and women who have served and have given the ultimate sacrifice so that America can be free. We will close Friday, May 22nd, 5:30pm and will...

Retail Business Also, as per executive order, non-essential retail businesses may provide curb-side pickup for customers. Shopping inside a non-essential business is still prohibited. Many municipalities have canceled their Memorial Day parades. Gov. Phil Murphy...

It's spring again. Not that it feels like it, but the spring buying season appears to have finally started. According to the Mortgage Bankers Association, mortgage applications for home purchases increased by 6% last week from the prior week. And despite the COVID-19...

The impact from social distancing and the COVID-19 pandemic in general is being felt on rentals, especially in areas of high density. In some areas of New York City, the spread of this disease has effectively outlawed in-person home showings.  Some results are being...

Approximately 4.7 million mortgages are in some stage of forbearance at this point. This represents approximately 8.8% of all home loans. The number of borrowers with secured agreements to delay payments rose from 4.5 million to 4.7 this week. This translates into...

Governor Phil Murphy announced that New Jersey's beaches would reopen on May 22nd. This was an action taken in light of the fact that the shore economy was dependent upon its reopening. There was some concern that the beaches would not open until much later in the...

According to the Mortgage Bankers Association, buyer demand continues to keep the number of mortgage applications rising on a regular basis. As more and more states are opening up for business, the housing sector appears to be gaining some momentum, reflecting...

New Jersey statistics on those patients contracting the coronavirus reflect a majority of coronavirus deaths in the state taking place at long-term care facilities. This anomaly appears to be even more prevalent in Monmouth County, New Jersey. As of May 11th, the...

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The COVID-19 pandemic has forced people within the real estate industry to learn new platforms and technologies. The positive side of this health scourge has been the education that has resulted in preparing today's real estate agents, attorneys and loan officers into...

Despite the drop in the number of closed sales in New Jersey, March 2020 was a good month for home values and home sellers in general. With home values increasing year-over-year by as much as 11.7%, the number of homes available-for-sale has dropped precipitously. ...