Setting the Right Listing Price Comparative Market Analysis (CMA): Real estate agents will provide a CMA that compares your home to similar properties recently sold in your area. This analysis considers location, size, condition, and features to help determine an...

Market Conditions in Monmouth and Ocean Counties Monmouth and Ocean Counties are known for their appealing communities, excellent school districts, and beautiful coastal areas. These factors contribute to a steady demand for homes throughout the year. However, fall...

Affordability There aren't many major shifts or changes currently in the real estate market in June of 2024. Supply has increased in some cases double digits but that is still below the 2019 levels. It all comes down right now to affordability. Because of inflation,...

As a marketing professional for the last 30 years, what most clients and individuals seek is high visibility. Most consider visibility the first step to increasing the revenue pipeline of any business. But there is a component of visibility that is perhaps more...

  Download this week's Title Wise Newsletter

The home buyers are still here... they are now discovering different approaches to buying a home. Inventory shortages are loosening up. And mortgage rates are slowly, very slowly retreating. But one thing that hasn't changed is buyer's demand. People need a place to...

Crazy Results Come from Good Planning A recent story covered the fact that a Hoboken home, a brownstone received an offer of $350,000 above its asking price, selling for $3.65 million. Of course, it was a pretty extensive home with six bedrooms and four-and-a-half...

Hudson County Single Family Homes for April Key Metrics 2023 2024 Change New Listings 80 114 42.5% Closed Sales 51 64 25.5% DOM* 49 40 – 14.4% Median PX $525K $519K – 1.1% % PX Rec’d 99.8% 101.3% 1.5%...

Bergen and Passaic Counties Bergen County Single Family Homes for April Key Metrics 2023 2024 Change New Listings 612 694 13.4% Closed Sales 342 345 0.9% DOM* 37 29 – 21.6% Median PX $653K $736K + 12.8% % of PX 102.7% 104.0% + 1.3% Inventory 1,129...

Morris and Middlesex Counties Morris County Single Family Homes for April Key Metrics 2023 2024 Change New Listings 453 537 + 18.5% Closed Sales 229 267 + 16.6% DOM* 35 26 – 25.7% Median PX $620K $680K + 9.7% % of PX 103.8% 107.1% + 3.2% Inventory...

Monmouth County Single Family Homes for April Key Metrics 2023 2024 Change New Listings 603 664 + 10.1% Closed Sales 335 399 + 19.1% DOM* 38 40 + 5.3% Median PX $685K $750K + 9.5% % of PX 101.0% 101.7% + 0.7% Inventory 1,161 1,047 – 9.8% Months...

U.S. existing-home sales grew 3.1% month-over-month to a seasonally adjusted annual rate of 4.00 million, exceeding economists’ expectations and marking the strongest sales pace since August 2023, according to the National Association of...