News

1 Post-Millennials – today’s 6- to 21-year-olds, also known as Generation Z – are on track to be the most racially and ethnically diverse generation yet. A bare majority of post-Millennials are non-Hispanic white(52%), while a quarter are Hispanic. 2 There were 10.7...

According to the US Census Bureau, apartment absorption, which is the rate at which new units are rented out, is now at the highest level in 3 years. The report stated that apartment construction has reached a 20-year high in 2017, and remains elevated throughout...

Ocean County Single Family November 2018Key Market Metrics 2017 2018 Change■ New Listings: 819 885 +8.1%■ Closed Sales 584 665 + 13.9%■ DOM* 86 84 – 2.3%■ Median Px $305K $310K + 1.5%■ % of Px Rec’d 96.3% 96.7% + 0.4%■ Inventory 4,201 4,026 – 4.2%■ Months of Inventory...

The booming U.S. economy continues to prop up home sales and new listings in much of the nation, although housing affordability remains a concern. Historically, housing is still relatively affordable. Although Freddie Mac recently reported that the 30-year fixed rate...

Holiday season is a great time for Monmouth CountyThe cultural and Heritage virtual tour series was launched this year. This is an interactive platform which includes a different digital tours featuring historical natural cultural and artistic attractions within New...

Where is the next market niche of buyers? Who is the next group of home buyers going to be? Very possibly, according to a recent survey, it will be single women. Research shows that wage disparity is not stopping single women from getting into this market. They appear...

Housing Affordability Continues to Weigh on Market According to the National Association of Home Builders: Builder confidence in the market for newly-built single-family homes fell four points to 56 in December on the National Association of Home Builders Housing...

Following Up After the Triple Play Conference National Association of Realtors' Triple Play, which ran December 3-6 in Atlantic City, was a fantastic event. Counsellors Title Agency hosted its annual booth there for the fifth year in a row. The Convention Industry...