According to the National Association of Home Builders, there is a wave of price increases that are skyrocketing the cost of lumber across the country. In addition the NAHB is reporting issues with lumber supply as well. The NAHB blog cited that in its recent NAHB...

According to the Office of Mosquito Control Coordination in the state Department of Environmental Protection, a number of mosquitoes have tested positive for West Nile virus. This is not unusual; especially as the summer progresses, rains and heat combine to create...

New Median Home Price, Redfin

One size doesn't fit all. For many of us in sales, we understand what it takes to market to the Baby Boomer generation, and even to some degree to the Millennials; but now there are Centennials and Generation X's. What's a marketer to do? It comes down to one word:...

Over the last few years the anomaly of low inventory has become a staple of the topography of the real estate market. Now there is another factor complicating this conspiracy of constriction: labor shortages within the construction industry. According to a current...

The experts say that housing inventory is tight. This is true, but this uses what used to be as the benchmark for what is now. Houses are still selling, and selling faster than ever before. The good thing is that the economy is not overheated, interest rates aren’t...

According to the Black Knight Mortgage Monitor report, homeowner equity increased by $695 billion over the last 12 months,

The state issued 23,000 permits last year for new residential construction, according to data from the Department of Community Affairs. That's up from 19,000 the year before. These are the municipalities that had the most new homes started in 2016. 1. Jersey City,...

New Jersey bucked the national trend of falling pending home sales by recording a high for May 2017. The National Association of Realtors [NAR] reported that pending home sales fell nationally in May for the third straight month. Even though none of the regions...

People want to buy homes. The fact that across the nation, the paucity of inventory of available homes for sale is doing very little to dissuade the buyers. The result: home prices have hit another peak nationally according to CoreLogic.   CoreLogic reported this week...

It makes lots of sense to put down 20% for your down payment. Here are just a few reasons: ■ Long-term, it provides an extra cushion further down the road should there be a disruption in your cash flow. ■ Lenders see a 20% down payment as a better credit risk. ■ The...

We wish all of our friends and clients a fantastic, safe and happy 4th of July. Celebrating the Greatest Country in the World: The United States of America