In a press release issued on September 21, 2017, Freddie Mac sees that the scarcity in inventory will receive some relief in the form of 1.33 million new housing starts in 2018. It also projects that current market trends will see an increase in purchase mortgage...

Finally New Jersey is putting some numbers on the board, and these are the kinds of numbers that makes the heart soar. Even though the National Association of Realtors reported that existing home sales fell 1.7% to a seasonally adjusted rate of 5.35 million this was...

Yes, it was the sounds of sirens that were heard all over the Jersey Shore this weekend. In Belmar New Jersey, there were 35 swimmers who were pulled from the dangerous surf over this weekend. A High Rip Current Risk was in effect at all Jersey Shore beaches on Sunday...

Black Knight Financial recently reported that though the recovery from the 2008 real estate crash has made significant strides forward. Unfortunately, this progress is most likely going to stall as it is expecting up to 300,000 mortgages to become delinquent as a...

According to a story published by CNBC, “House flipping has seen a huge run-up in the past few years, as investors take advantage of tight supply in the market and fast-rising home prices.” The story even credits the popularization of home renovation and house...

The median income increased in the U.S. from 2015 to 2016 to the highest point ever, according to the latest Income, Poverty and Health Insurance Coverage in the United States: 2016 report from the U.S. Census Bureau. Real median household income increased 3.2% to...

Half of leading-edge baby boomers, those ages 61 to 69, have fully retired and about 15% of the U.S. population is now finished with work.  Retired Americans receive $1.3 trillion in income. The vast majority of this income comes from two sources: Social Security...

According to RealtyTrac, the Toms River metro area ranked number one in sales for August 2017, recording 86 transactions. In August, the number of properties that received a foreclosure filing in NJ was 6% higher than the previous month and 13% lower than the same...

Rise and Shine – Get up early. Get ahead of the day. Exercise Regularly – Exercise gives you focus, stamina and mental agility. Personal Emotional & Spiritual Renewal – Reflection and renewal of one’s inner core is the backbone of all success. Community – Invest...

As the current number of homes for sale stays below the traditional healthy level of a six-month supply threshold, first-time buyers need to bone-up on their home buying game plan.  Homes are staying on the market on average about 60 days currently. Knowing what, how...

According to a recent report from CareerBuilder, the number of full-time workers living paycheck-to-paycheck is increasing to a whopping 78% in 2017 up from 75% in 2016. This benchmark is concerning when the same study by CareerBuilder stated that 71% of all U.S....

The effects of Hurricane Harvey in Texas and Louisiana was significant.  The industry expert, Black Knight Financial Services, predicts that the mortgage industry could see approximately 300,000 new delinquencies as a result of the storm. There could also be another...