The saying used to go, "Location. Location. Location." Now with shrinking inventory continuing to play a significant role in these upward trends, it will probably be restated to be, "Inventory. Location. Inventory." According to the Zillow Report, "It's common for...

A closer look at the numbers will reveal a real breakdown in activity in the market for the state. Such historical data should be factored into any decision to sell or buy a home in New Jersey during the months of December to May 2017. Back in November of 2015, the...

Counsellors Title Agency will be attending Triple Play in Atlantic City December 6-7th. Please be sure to stop by to say hello at the Counsellors Booth 912. The Triple Play REALTOR® Convention and Trade Expo, presented by the New Jersey, New York State and...

According to the National Association of Realtors: Projected home sales rose from 5.3 million to 5.5 million Median home price fell to $234,000 $240,000 from last month Median home price rose to $234,000 from $222,000 in 2015 Freddie Mac Fixed 30 year mortgage is up...

The fact remains that inventory of homes for sale continues to erode and homebuilders are still unwilling or unable to keep pace. Recently it was reported that homebuilder permits fell 19% to 1,594 in October from September 2016, according to CohnReznick. The number...

The median sales price of a single family home in Cumberland County, New Jersey has ranged from $150,000 in October 2011 to $118,000 as recently as October 2015. As of October 2016, the average price of a single family home has increased 13.5% to $134,500. What is...

The great migration is most likely the result of the weakness of the Atlantic County economy and closure of four casinos in Atlantic City. U.S. Census figures put the median monthly gross rent in Cumberland County at $978, which is less than the rents in Atlantic,...

Homebuilder permits fell 19% to 1,594 in October from September 2016 according to a new report issued by CohnReznick. The number of 2016 approvals through October was also down 17% from the first 10 months of 2015. Other Stats + The report found that 47.4% of...

Good news for the National Association of REALTORS® 2016. According to the Home Buyer and Seller Generational Trends report - 89 percent of Millennials — used a real estate professional in their home search in 2016. This is going to call for 'new skills' to...

There is a huge population of millennials waiting on the sidelines, thinking that they can't become homeowners in 2017 due to student debt and the high price of real estate. But with the right planning and strategy, there are ways without risking a financial...

CoreLogic reported that for the month of October 2016, only 30,000 U.S. home foreclosures were completed, which is down 3.6% from September 2016 and down 24.9% from a total of 40,000 in October 2015. Home values posted an annual 5.8% rise through September in the...

The National Association of Home Builders' Housing Market Index rose by 7 points to hit 70, which is the highest level since 2005. According to a number of reports, economists had forecast an unchanged reading of 63; levels higher than 50 signal confidence. In...