CoreLogic published their loan performance report. The percentage of domestic mortgage holders who were 6 months or more late on their mortgage payments fell in August 2022 to an all-time low of 2.8%. This compares to the percentage rate of 4.0 back in August 2021....

Monmouth County  Single Family Homes for September  Key Metrics       2021       2022      Change New Listings       701         621       – 11.4% Closed Sales      669         586       – 12.4% DOM*                   30           32        + 6.7% Median PX       ...

The U.S. real estate market continues to slow as we move into fall, as rising consumer prices and higher mortgage interest rates squeeze homebuyer budgets and cool activity. With inflation showing little sign of abating, the Federal Reserve implemented another...

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Approximately 12 years from the time it was created, the Consumer Financial Protection Bureau, which was authorized through the Dodd-Frank Wall Street Reform and Consumer Protection Act, was ruled to be unconstitutional on October 22nd, 2022. The Bureau was...

Netflix is inching closer to building a huge production studio on the Jersey Shore. When Fort Monmouth was closed down years ago, there were few plans in place to fill the void. Fort Monmouth had been a cornerstone of Monmouth County's economy for such a long time....

Monmouth County Goes Dark On Wednesday night around 5:00pm, in the middle of rush hour in Monmouth County, power went out, completely out. It was a total blackout for nearly 50,000 residents in heart of the Jersey Shore. Overall, the outage only affected less than 5%...

Saving on Real Estate Taxes  New Jersey’s ANCHOR program is also giving back $2 billion in property tax relief this year for homeowners and renters. Homeowners who make up to $150,000 a year will get $1,500, and $1,000 rebates will be issued to homeowners who earn...

  https://youtu.be/zSHMfb0Xc6g According to the US Census Bureau, approximately 15% of American households, or 6 million people, are behind on rent moving into the fall of 2022. New Jersey happens to be one of those states which is reported to have lagging...

Hudson County Single Family Homes for August Key Metrics       2021       2022     Change New Listings       173         117      – 32.4% Closed Sales        86          77      – 10.5% DOM*                  33           30       – 9.1% Median PX       $495K    $551K ...

Bergen and Passaic Counties Bergen County Single Family Homes for August Key Metrics         2021       2022     Change New Listings         892         654     – 26.7% Closed Sales        958         712     – 25.7% DOM*                     32           32       ...