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The trend projects that the average home price will increase by 6.8% annually. The agency also revised March’s numbers upward from 0.6% to 0.7%.

New Jersey Real Estate Market Surges to New High!

Homes flying off the shelves in New Jersey

A great reminder of why we live in this great state. https://youtu.be/cmDWdAQnITY  

According to the most recent CoreLogic Loan Performance Insights Report, for March 2017, nationally, only 4.4% of mortgages were in some stage of delinquency. The 4.4% figure represented an improvement of 0.8% of a point in the overall delinquency rate as compared to...

According to the Mortgage Bankers Association, loan applications to purchase a home jumped 10% from the previous week. In addition, purchase application volume increased to its highest level since May 2010.Refinance activity jumped up as well in response to moderating...

According to the New Jersey Department of Labor, New Jersey lost more than 13,000 jobs in May. Two positive notes silver-lined this announcement: the state's unemployment rate remained at the 4.1% level, which is below the national rate of 4.3%. The early figures from...

According to a new report published by the National Low Income Housing Coalition cited by the Housing and Community Development Network of New Jersey [HCDN], the costs for renters in New Jersey make it the sixth-most-expensive state for renters. The report calculates...

Budget Travel Magazine named Asbury Park America's Coolest Small Town!  "Asbury Park, New Jersey, exemplifies the cultural and ethnic diversity, creative energy, and unparalleled natural beauty that have defined America for more than two centuries." The magazine looks...

Nationally, mortgage payments on the median home for sale require 20% of the median income.

5 reasons or causes for the historic low homeownership rates

That may not have ever been a question that was normally asked, but as home prices have appreciated anywhere from 3% to 12% (in Seattle), there is some serious consideration being given to which is the most prudent tactic when it comes to wealth accumulation. Based...