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Ralph’s Blogs

Market Shifts – Warning Sign or Isolated Case? Part 2

The Broader Implications This property's struggle is likely a combination of individual property issues and broader market recalibration rather than definitive proof of a buyer's market. Here's why: It's Not a Pure Buyer's Market Yet: Despite increased inventory and...

Market Shifts – Warning Sign or Isolated Case? Part 1

The Journey from $1.5M to $799K A property in Ocean Grove, New Jersey tells a sobering story about real estate optimism colliding with market reality. Since April 2024, this home has undergone a dramatic repricing odyssey, starting at an ambitious $1.5 million and...

New Jersey October Sales

October Sales for New Jersey  U.S. existing-home sales climbed 1.5% month-over-month and 4.1% year-over-year, reaching a seasonally adjusted annual rate of 4.06 million units, according to the National Association of REALTORS® (NAR). The increase was partly driven by...

The Real Power Laws Part 1

These are some of the insights I gained from reading and rereading Robert Green's 48 Laws of Power. Economic recalibration is not an event—it is a gradual, dynamic process that reshapes industries from the ground up. In New Jersey real estate, the current disruption...

Half of U.S. Homes Have Lost Value

More Than Half of U.S. Homes Have Lost Value Over the Past Year For the first time since 2012, more than half of homes across the United States have declined in value over the past year. According to Zillow data, as of October, 53% of homes in the country are worth...

New Jersey’s Affordable Housing Issue

Several New Jersey municipalities are voicing strong opposition to newly proposed state legislation that would ease development rules for affordable housing projects spearheaded by religious and nonprofit groups. Chatham, Morris Plains, Monroe, and other towns have...

Beach Erosion – Jersey Shore Seeing Price Reductions

The New Jersey real estate market is currently experiencing a discernible shift, as property prices moderate after a sustained period of considerable acceleration. A notable illustration of this trend is evident in a property associated with a Bradley Beach...

Long Branch Fights to Keep Monmouth Medical Center

The closure and relocation plan for Monmouth Medical Center in Long Branch has sparked deep concern throughout Monmouth County, as community leaders and residents alike fear losing their “lifeline” to timely, quality healthcare . Community Leaders Sound the Alarm...

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