News
Ralph’s Blogs
The Face of Social Media in 2018
Pew Research Report on Social Media Facebook and YouTube dominate this landscape, as notable majorities of U.S. adults use each of these sites. At the same time, younger Americans (especially those ages 18 to 24) stand out for embracing a variety of platforms and...
NJ Gains $12K Home Equity in 2017
Homeowner Equity Q4 2017 CoreLogic analysis shows U.S. homeowners with mortgages (roughly 63 percent of all properties*) have seen their equity increase by a total of $908.4 billion since the fourth quarter 2016, an increase of 12.2 percent, year over year....
Elders Projected to Outnumber Children in 2030
MARCH 13, 2018 — The year 2030 marks an important demographic turning point in U.S. history according to the U.S. Census Bureau’s 2017 National Population Projections. By 2030, all baby boomers will be older than age 65. This will expand the size of the older...
Online Mortgage Orginations Increase Part 2
Lowest Price Isn’t Always the Answer J.D. Power cited that many things determine the buyer’s choice of lender, which does includes: price and rate. The lowest price doesn’t always win but rather what buyers are most likely to look for is the combination of trust in...
Online Mortgage Originations Grow Part 1
First time, refinance and purchase customers cited online/website as the most frequent method of submitting a mortgage application.
New Jersey Foreclosures Hit 11 Year High
According to a recent ATTOM Data Solutions report, foreclosures in the State of New Jersey hit an 11-year high in 2017. This represented a foreclosure peak for the state’s crisis real estate industry. Yet, this also presents itself as an opportunity for those with the...
Inventory Shortages Spurring Creation of Construction Jobs
The construction sector came out on top, resulting in 60,000 new jobs in February. The construction industry has added 185,000 jobs over the past four months.
Mortgage Apps Don’t Tell the Whole Story
Expectation isn't what drives markets, but rather investable assets, demand and supply. Last week, the Mortgage Bankers Association [MBA] reported that mortgage applications for last week were flat. Well, considering the historic low inventory, the creeping upward...
Monmouth and Ocean Counties Top NJ Pending Sales
New Jersey Realtors January Statistics Show Monmouth and Ocean Tops in Pending Sales https://www.youtube.com/watch?v=8B0_gAcMUnE
Daylight Saving Time March 11th
Trending Home Prices Seeing New Peaks Part 2
S&P CoreLogic December report put home prices surging 6.3%. This is attributed to a plentiful supply of buyers ready to close, the housing inventory shortage and the revitalized economic climate.
Historic Schneider’s Decides Not to Rebuild
Historic Schneider’s Decides Not to Rebuild, current economy and state of the restaurant industry
New Listings
51 Lions Head Blvd South, Brick, NJ
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9 Edgewater Dr, Toms River, NJ
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