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Ralph’s Blogs

National Association of Realtors Issues COVID-19 Guide

In response to the growing concerns about COVID-19, commonly referred to as coronavirus, The National Association of Realtors is providing this guidance to help REALTOR® associations respond to the coronavirus’ potential impact on the real estate industry. As of March...

Debt with Older Americans Soars Over 500% – Part 1

According to the Federal Reserve Bank of New York, total debt for Americans over the age of 70 has increased 543% from 1999 through 2019 to $1.1 trillion. This represents the largest percentage increase of debt for any age group. The actual cost of living has combined...

Selecting the Right Title Agency

The buyers and sellers of residential properties especially may not be aware of the critical role that title agents play in facilitating the closing of a real estate transaction from start to finish. Since buying a piece of property isn't something that you physically...

Equity Rich in the U.S.A

According to the report, the five states with the highest equity-rich homeowners were: 1. California 42.8%, 2. Vermont 39.2%, 3. Hawaii 38.8%, 4. Washington State 35.4%, and 5. New York 35.1%.

January 2020 Sales Stay Strong

Expectations for 2020 is for the new-home construction market sales to increase 10%. • Single Family Closed Sales were up 3.5% to 5,345. • Townhouse-Condo Closed Sales were up 10.2% to 1,636. • Adult Communities Closed Sales were up 20.0% to 515. • Single Family...

Morris County Closed Sales Soar 33%

Morris County Single Family Homes for January Key Metrics 2019 2020 Change New Listings 583 533 – 8.6% Closed Sales 278 369 + 32.7% DOM*           72   74 + 2.8% Median PX $405K $430K + 6.0% % of PX    96.8% 96.9% + 0.1% Inventory   1,748 1,358 – 22.3% Months Supply...

Monmouth & Ocean County Home Sales

Monmouth County   Single Family Homes for January Key Metrics 2019 2020 Change New Listings 843 883 + 4.7% Closed Sales 445 486 + 9.2% DOM*   66 68 + 3.0% Median PX $420K $460K + 9.5% % of PX 96.8% 96.7% – 0.1% Inventory 2,514 2,077 – 17.4% Months Supply 4.3 3.6 –...

Construction Permits Surge

Overall permits surged to a 13-year high to a seasonally adjusted annual rate of 1.57 million units according to a report from the U.S. Housing and Urban Development and Commerce Department.

New Listings

422 St. Thomas Drive

104 Canterbury Lane, Toms River

51 Lions Head Blvd South, Brick, NJ
Just Listed Here

9 Edgewater Dr, Toms River, NJ
Just Listed

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