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Ralph’s Blogs

New Jersey Vacancy Rate Hits 17-Year Low

Transwestern issued a report confirming that New Jersey industrial space continues to be in very high demand. Transwestern reported, "Ten leases greater than 150,000 square feet were signed during the first quarter, including five new leases, four of which are in...

NJ Memorial Day Weekend Happenings

Bradley Beach Memorial Day Weekend Festival Saturday, May 27 - Sunday, May 28, & Monday, May 29, 2017; Rain or shine! Contact: 732-776-2999 Ext. 1050 The Annual Memorial Day Parade will start on Saturday at 10am on Ocean Avenue and Bradley Blvd.  The parade is the...

The New Normal in Real Estate Part 2 – Title Insurance

The Importance of a Secured Title The last thing a buyer wants to discover is that what they bought isn’t theirs technically. This is called a defective title. One of the items purchased during the closing process is title insurance. If you have a mortgage on the...

The New Normal – The Extended Seller’s Market

The continuation of this robust seller’s market creates certain dynamics that buyers need to factor into their home purchasing process. Competition for properties is very real in most markets. In February 2012, the number of homes for sale in New Jersey was 48,526 the...

Tips To Win in Negotiation

Probably the first key to negotiation is to speak last. Just because you speak last doesn't mean that you get what you wanted, but it usually points to the fact that speaking last reflects how the negotiation was resolved. A negotiation coach will instruct you to get...

February Loan Performance Improves

CoreLogic Analysis Shows US Mortgage Loan Performance Health Continues to Strengthen The Delinquency Rate Decreased 0.5% Points Year Over Year The Foreclosure Rate for February Was 0.8% Early-Stage Delinquencies Remained Steady in February CoreLogic® announced its...

Title and Settlement Tips

New forms of the closing/settlement statements are being used when calculating the financial accounting of the sale.  When a buyer is obtaining a new loan, some of the information previously found on the HUD-1 Settlement Statement is now being found on the Closing...

Unemployment Rate Falls to Lowest in Almost a Decade

The tenth of a percentage point decline in the unemployment rate in April pushed it down to 4.4%, the lowest level in almost a decade. In May 2007, it was also 4.4%, and the rate hasn't been lower than that since May 2001. The rate fell last month because the number...

WSJ Reports – Continued Weakness in NJ Office Leasing

Office leasing in New Jersey hit even lower levels for the first quarter, which is attributed to aging facilities, underused buildings and corporate consolidation, according to a report in the Wall Street Journal. Office leasing did well where buildings are located in...

Mortgage Applications Jump Up 5 Percent

Real estate activity is signaling stronger sales ahead as buyers returned to the mortgage market after the holiday hiatus. The improvement is attributed to the number of mortgage applications to purchase a home, which rose 4% for the week and is almost 5% higher than...

New Listings

422 St. Thomas Drive

104 Canterbury Lane, Toms River

51 Lions Head Blvd South, Brick, NJ
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9 Edgewater Dr, Toms River, NJ
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504 Hooper Avenue, Toms River, NJ 08753

732.914.1400

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