News

October 10th edition of Title Wise.

2019 is still a good time to buy a home.

NAHB reported that single family home starts increased by 4% in 2018 from 2017.

According to the Monmouth County Division of Tourism, Monmouth County accounts for a $2.5 billion dollar tourism industry which produces 30,000 jobs.

Columbus Day is a national holiday in many countries of the Americas and elsewhere which officially celebrates the anniversary of Christopher Columbus's arrival in the Americas on October 12, 1492. Christopher Columbus was an Italian explorer who set sail across the...

HOLIDAY OFFICE HOURS Wishing All of Our Friends, Clients and Associates a Happy Columbus Day! Our Office will Close on Friday, October 11th @ 5:30 p.m. Closed Monday, October 14th. We will reopen: Tuesday, October 15th, 8:30 a.m.

Eileen Nicosia has joined the agency’s sales force of licensed title producers. Eileen Nicosia arrives at Counsellors Title Agency with a notable professional background in the title insurance industry.

Americans over the age of 18 report that they average $29,800 in personal debt.

According to a recent report published this year, the homebuyer on average has seen the closing time for a typical U.S. homebuyer fall by 11 days in 2019.

Most federally related mortgage loans can close within 30 days. There is also the special first-time home buyer program, which might take 35 to 45 days to close.

The number of residential properties underwater (with a negative equity position) fell to 2 million homes or 3.8% of all mortgaged properties. This represents a decrease of 7% from the first quarter of 2019. Based upon numbers reported for the second quarter of 2018, negative equity fell 9% from 2.2 million homes.

Title Wise Newsletter this week covers the strength of the home flipping market.