News

The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for December 2017 shows mortgage applications for new home purchases increased 7.8 percent compared to December 2016. Compared to November 2017, applications decreased by 18 percent relative...

The Martin Luther King, Jr. Holiday celebrates the life and legacy of a man who brought hope and healing to America. We commemorate as well the timeless values he taught us through his example — the values of courage, truth, justice, compassion, dignity, humility and...

Dunes and Oyster Reefs Possible Answer Efforts are underway in the state to invest $20 million a year of taxpayer revenues to fund grants that will help towns launch projects using natural and organic materials such as wetlands, oyster reefs, barrier reefs and dune...

Homebuilder Confidence Surging for 2018

A $123,000 grant from Impact 100 Jersey Coast, a women’s philanthropy group, was awarded to the Covenant House Rites of Passage program operated out of Asbury Park. Rites of Passage program offers a safe place for homeless young people, 18 or older, who have “aged”...

According to CoreLogic, on an annualized basis, home prices climbed by a very steep 7% in November. Aside from being the third straight month when prices exceeded projections, the speed to market continues to fuel one of the strongest seller’s markets in decades. On...

The U.S. apartment vacancy rate increased marginally in the fourth quarter from the third as supply exceeded demand. Asking rents edged higher by 0.4%, while the national apartment vacancy rate rose slightly to 4.5% from 4.4%.

Bayonne is beginning to gain new-found respect as New Jersey’s next Boom Town. Over the course of a 2-3 year period, Bayonne projects 3,000 new residential units will be completed or under construction.  Bayonne, population 65,000, is located along New Jersey’s Gold...

The total value of all homes in the United States gained $2 trillion in value in 2017, and is now valued at a total of $31.8 trillion. The New York metropolitan market represent 8% of the value of all U.S. housing, reported to be $2.6 trillion. - The entire U.S....

Counsellors Title Will Reopen Friday, January 5th at 8:30am

MORRIS NOVEMBER 2017 Morris County new listings of single family homes remained basically the same at 399 in November 2017. Where the big moves were found came in the median sales price climbing year-over-year by 5.8% to $422,000, up from $399,000 from November 2016....

OCEAN COUNTY NOVEMBER 2017 New Ocean County listings for single family homes jumped in October by 9.6%. The days-on-market metrics are showing that more buyers are snapping-up what is out there, while the median price received climbed by 9.8%. Inventory continues to...