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Ralph’s Blogs

Jobs Surge in March by 241K

Private sector employment increased by 241,000 jobs from February to March according to the March ADP National Employment Report. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute...

How to Cash In On Criticism

Back in 1853, in a Saratoga Springs restaurant, this curmudgeon of a customer who was very wealthy, hard-to-please and in a bad mood, ordered some food. The guest decided that his fried potatoes didn’t meet with his expectations. They were supposedly too thick, too...

NJ Home Sales Break Record

The number of home sales in New Jersey over the first 2 months of 2018 totaled more than 16,000, setting an all-time record. Still, the 2% year-to-date increase over the same period last year was the smallest recently. Direct Rail Service Drives Luxury Market...

Toys R Us Being Sold-Off In Parts

According to news reports, Toys R Us is being auctioned off to a number of highly successful retail chains. According to these reports there are 58 qualified bids. Two of the larger and more recognizable chains include Target and Aldi. In addition other retail...

CoreLogic Forecasts 4.8 Percent Increase

Forecast Prices Nationally The CoreLogic HPI Forecast indicates that home prices will increase by 4.8 percent on a year-over-year basis from January 2018 to January 2019, and on a month-over-month basis home prices are expected to be flat from January 2018 to February...

What Ever Happened to My Space??

Myspace was launched in August 2003 from Beverly Hills, California. It was acquired by News Corporation in July 2005 for $580 million. From 2005 until early 2008, Myspace was the most visited social networking site in the world, attracting 75.9 million unique visitors...

February Ocean and Monmouth NJ Sales

Monmouth County for February 2018 showed a reduction in the number of new listings by almost 11%, down to 877 from 892. These numbers mirror the reduction in total inventory for the County, which fell dramatically by 24.5%, down to just 2310 homes on the market. The...

NJ February Pending Sales Jump 6 Percent

The three most prominent national market trends for residential real estate are the on going lack of abundant inventory, the steadily upward movement of home prices and year-over-year declines in home sales. Sales declines are a natural result of there being fewer...

Existing-Home Sales Rebound 3.0 Percent in February

Washington, D.C. – Despite consistently low inventory levels and faster price growth, existing-home sales bounced back in February after two straight months of declines, according to the National Association of Realtors®. Sizeable sales increases in the South and West...

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