News

Monmouth County Single Family Homes for October Key Metrics 2019 2020 Change New Listings 913 911 – 0.2% Closed Sales 569 877 + 51.4% DOM* 62 44 – 29.0% Median PX $440K $550K + 25.0% % of PX 97.4% 99.4% + 2.1% Inventory 3,101...

October 2020 Monthly Snapshot October continued to be busier than the calendar normally suggests. Buyer activity remains higher than normal for this time of year, while in many segments of the market housing supply remains much lower than one year ago. Multiple offers...

Existing home sales reported by the National Association of Realtors hit 6,850,000 units for the month of October. This figure came in almost 300,000 units above the September report, which increased by 21% from 2019's 6,540,000 units. This is not the highest recorded...

Download the latest Title Wise News Click Here!

https://youtu.be/zPWhyxXJZRs

So as we re-enter the new year, we could look at a great resource that is applicable no matter what is taking place externally. Back in 1989, Dr. Stephen Covey published his now famous classic, The 7 Habits of Highly Effective People. This book transformed the...

In 2019, the average amount paid in real estate taxes in New Jersey was a national high of $8,953, representing an increase of $186 over the amount paid in 2018. Though this figure is significant, there is a bright side to this: the average homeowner gains in the...

The National Association of Realtors released its third-quarter results for sales of existing homes. They reported that in 65% of the 181 metro areas, prices experienced a double-digit increase year-over-year. Many of the largest gainers in the third quarter were...

This market in New Jersey has taken on a life of its own. It almost feels like the Seattle or Austin markets. When nearly every single category in the major metrics such as sales, closed sales, median sales price, average sales price and days on market, all are being...

According to the Mortgage Bankers Association, "The refinance share of mortgage activity increased to 70.0 percent of total applications from 68.7 percent the previous week. The adjustable-rate mortgage (ARM) share of activity decreased to 2.0 percent of total...