The COVID-19 pandemic is going to make Mother’s Day very different for many families this year. The fancy dinners out, family get-togethers and long driving trips to be together may not be possible. But what IS POSSIBLE are flowers delivered, boxes of chocolate candy...

As the COVID-19 pandemic takes additional ground in our culture and economy, it has not had such a profound impact upon the real estate industry. What appears to be the case is that pent-up buying demand, which was temporarily put on hold for a couple months, is...

Finding a new home in this new world of social-distancing is a digital panoply. People still are moving and renting. The economy and the pandemic have not stopped that. But the way that homes are bought and sold in terms of transactional protocols are clearly...

The numbers for the New Jersey real estate market, specifically for single family homes, reflected contraction in new listings, pending sales and closed sales. Both median sales price and average sales price climbed double digits year-over-year. The shortage of...

So, with the economic concerns and dropping revenue - one of the FIRST things that's been cut is Travel & Entertainment? Going out for lunch or coffee, or even sponsoring a special event, right now they are all on HOLD!  But you are in business, and you can't lose...

Older adults and people who have severe underlying medical conditions like heart or lung disease or diabetes seem to be at higher risk for developing serious complications from COVID-19 illness. Are you at higher risk for serious illness?  Know how it spreads There is...

Union County   Single Family Homes for March Key Metrics   2019   2020   Change New Listings  712      540    – 24.2% Closed Sales 365      307    – 15.9% DOM*              57        60     + 5.3% Median PX $350K  $378K   + 8.0% % of PX      98.9%   99.2%  + 0.3%...

Morris County Single Family Homes for March Key Metrics   2019   2020   Change New Listings  913     657    – 28.0% Closed Sales 329     309     +  1.4% DOM*              71       72     + 1.4% Median PX $411K  $445K  + 8.1% % of PX      97.1%  97.6%  + 0.5%...

Monmouth County   Single Family Homes for March Key Metrics      2019    2020   Change New Listings   1,115     769     – 31.0% Closed Sales    457      484    – 5.9% DOM*                68        62        – 8.8% Median PX   $425K   $445K     + 4.7% % of PX       ...

As COVID-19’s impact spread across the country in March, the stock market declines started in February accelerated downward before recovering a bit in the last week of the month. With volatility across all the financial markets, lenders began tightening underwriting...

The recent Fannie Mae report projects that home sales may possibly fall by up to 15% in 2020. [That is the number of homes sold, not the price of homes.] The housing projection published by Fannie Mae indicates that total housing starts are expected to fall from 1.5...

Change. That is what we are preparing for in the coming months. One big change is JPMorgan Chase's decision to suspend offering HELOC to new customers. Also, Fannie Mae is projecting a decrease in the number of homes sold in 2020, but they are expecting a rebound in...