News

Millennials are seeking-out alternative home buying options. That option is the purchase of less expensive and smaller homes in order to enter the market and begin building home equity.

Middlesex County inventory fell to just 2.8 months supply while closed sales in Morris County surged by nearly 20%. Morris County Single Family Homes for December Key Metrics 2018 2019 Change New Listings 269 264 –1.6% Closed Sales 356 426 + 19.7%...

Ocean County posted the most dramatic changes y-o-y with new listings plunging 18.6%, inventory collapsing over 25% and months of inventory falling to just 4 months.

New Jersey Real Estate Soared in December. Median price for a single family home skyrocketed by over 10% to over $337,000.

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December U.S. home-sales, as reported by Redfin, skyrocketed by 6.9% year-over-year with a median price of $312,500

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What is most encouraging is the traffic of prospective buyer category which in January 2019 was posted at 44 and for January 2020 came in at 58, representing a 32% jump in buyers.

According to the CNBC report, the average sales price in Manhattan fell to $1.8 million. The median sales price for a property selling in Manhattan fell below $1 million.

Mortgage applications surge over 30%.

The National Association of Realtors announced that their survey of buyers and sellers indicated both feel it's a good time to buy and sell. This survey was conducted in the fourth quarter of 2019. It reported that 63% of people believe now is a good time to buy a...

The approved homeowners can receive up to $10,000 in the assistance for a single repair; this is not a budget for multiple non-related home Improvements.