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Ralph’s Blogs

Less Homes in Forbearance

Black Knight reported on their website that "that the number of loans in forbearance fell by 17K this week, dropping the national forbearance rate to 7.7%. There are now 4.1M loans that remain in active forbearance as of July 28th. While noticeable declines were seen...

Hiring Settlement Officer

Hiring EXERIENCED Settlement Officer â–  Reviewing, processing and clearing title â–  Direct communication with Lenders, Attorneys, Clients and Realtors involved in the real estate transaction â–  Scheduling closings;...

June Sales for Essex & Union Counties

Essex County Single Family Homes for June Key Metrics 2019 2020 Change New Listings 745 840 + 12.8% Closed Sales 494 393 - 20.4% DOM* 45 47 + 4.4% Median PX $480K $520K + 8.3% % of PX 101.4% 101.0% - 0.4% Inventory 1,972 1,197 - 39.3% Months Supply 4.7 3.0 - 36.2%...

Hiring Settlement Officer

Hiring EXERIENCED Settlement Officer â–  Reviewing, processing and clearing title â–  Direct communication with Lenders, Attorneys, Clients and Realtors involved in the real estate transaction â–  Scheduling closings;...

Hiring Settlement Officer

Hiring EXERIENCED Settlement Officer â–  Reviewing, processing and clearing title â–  Direct communication with Lenders, Attorneys, Clients and Realtors involved in the real estate transaction â–  Scheduling closings;...

June’s Pending Home Sales Erupt

Inventory shortages, the pandemic, and high unemployment would not be enough to hold back pending home sales for June according to the National Association of Realtors. According to the association, pending home sales in June rose 16.6% from May 2020. In addition...

Morris & Middlesex Counties

Morris County Single Family Homes for June Key Metrics 2019 2020 Change New Listings 899 915 + 1.8% Closed Sales 538 416 - 22.7% DOM* 48 58 + 20.8% Median PX $487K $480K - 1.3% % of PX 98.2% 98.2% - 0.0% Inventory 2,663 1,516 - 43.1% Months Supply 6.4 3.6 - 43.8%...

July Sales for Bergen & Passaic County

Bergen County Single Family Homes for July Key Metrics 2019 2020 Change New Listings 899 915 + 1.8% Closed Sales 538 416 - 22.7% DOM* 48 58 + 20.8% Median PX $487K $480K - 1.3% % of PX 98.2% 98.2% - 0.0% Inventory 2,663 1,516 - 43.1% Months Supply 6.4 3.6 - 43.8%...

June Sales for Monmouth & Ocean

Monmouth County Single Family Homes for June Key Metrics 2019 2020 Change New Listings 1,046 1,153 + 10.2% Closed Sales 724 575 - 20.6% DOM* 51 57 + 11.8% Median PX $462K $505K + 10.2% % of PX 97.9% 97.8% - 0.1% Inventory 3,449 1,959 - 43.2% Months Supply 6.1 3.5 -...

NJ and Wealthy Millennials on the Move

According to SmartAsset, the state from where the most rich Millennials are leaving is New York. New York lost a net 5,533 rich Millennials from 2017 to 2018. Recent anecdotal evidence is reinforcing this trend, with adjacent regions surrounding the New York City...

July Sales Morris and Middlesex Counties

Morris County Single Family Homes for July Key Metrics 2019 2020 Change New Listings 899 915 + 1.8% Closed Sales 538 416 - 22.7% DOM* 48 58 + 20.8% Median PX $487K $480K - 1.3% % of PX 98.2% 98.2% - 0.0% Inventory 2,663 1,516 - 43.1% Months Supply 6.4 3.6 - 43.8%...

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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