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Ralph’s Blogs

New Home Sales Rise

Sales of new homes were up slightly, by 0.8% year-over-year, in 2Q, reversing the trend in the previous two quarters, when new-home sales dropped, while existing home sales were down 0.7% in 2Q. The supply of new homes was down 1%, representing the biggest annual...

Title Wise from Counsellors

This week's Title Wise features articles on New Jersey's biggest real estate tax payer's and which schools in Monmouth County ranked in the top 10. Click Here for more.

Rents Spike in New Zillow Report

The median monthly rent has climbed 3% year-over-year in June, reaching $1,483 in the U.S. today. This is an all-time high. Home values, on the other hand, have slowed down in their appreciation to 5.2% from the 7.6% recorded back in 2018. According to the Zillow...

Refis Surge

Refinances accounted for 12% of the loans for the week, increasing by 116% from 2018. Total mortgage application volume increased 5.3% from the prior week, with volume surging by 46.5% from 2018.  According to the Mortgage Bankers Association [MBA], the average...

Negative Equity Falls to 4.1%

Key Findings on the Economic Influence of Housing The number of homes with negative equity has decreased. Total percent of homes underwater went from 25.9% in the first quarter of 2010 to 4.1% in the first quarter of 2019. Total home equity hits new record At the end...

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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