News

According to the Labor Department’s Job Openings and Labor Turnover Survey, the U.S. reported a record 6.2 million job openings posted at the end of June 2017. This is clearly a good sign that employers are looking to expand their operations. Broken out, the number of...

Niche.com has published New Jersey's the best school districts. According to this recent list, the Princeton school district ranks number one in the state and while ranking 14th in the entire country. In calculating these results, Niche examined data from the U.S....

Optimism + Demand + Low Mortgage Rates = Strong Sales Redfin reported last week that, “Luxury sales were strong. Sales of homes priced at or above $1 million were up 22.2% from a year ago, while sales of homes priced at or above $5 million were up 19.6%. The strong...

Mortgage applications slide 2.8%, even as interest rates stay low. There are 3 metrics that many real estate professionals look to when determining supply and demand of the market center around mortgages. This past week the Mortgage Bankers Association reported that...

The U.S. Census reported that the supply of existing homes is at the lowest level since 1982. Specific Facts For today's homebuyer, high prices and low inventory are limiting the number of units sold in most markets. Buyers for the month of June continued to request...

New Jersey Realtor The Skinny https://www.youtube.com/watch?v=kjvO9beJIKA

Confidence Fueling Housing Starts Housing starts bounced back in June, according the U.S. Government. The figures point to the unrelenting buyer demand to meet housing shortages across the country. The report show that starts rebounded from May’s drop as residential...

Sellers saw an average profit of $51,000, a 26% return.

The national homeownership rate increased slightly from last year, but was not statistically different from last quarter, according to the latest release from the U.S. Census Bureau. The homeownership rate climbed slightly from 2016, but only marginally from the first...

A number of recent indexes confirm that confidence levels in future economic prospects remains very strong. The Survey of Consumers conducted by the University of Michigan for July indicates that despite the fact that this figure is 10.1 index points below its January...