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Ralph’s Blogs
Morris and Middlesex Existing Home Sales
Morris and Middlesex Counties Morris County Single Family Homes for April Key Metrics 2021 2022 Change New Listings 781 615 – 21.3% Closed Sales 470 355 – 24.5% DOM* 45 30 – 33.3%...
April Monmouth and Ocean County Sales
Monmouth County Single Family Homes for April Key Metrics 2021 2022 Change New Listings 934 833 – 10.8% Closed Sales 565 491 – 13.1% DOM* 40 31 – 22.5% Median PX $575K ...
Memorial Day – Remembering America’s Heroes
Memorial Day (originally known as Decoration Day is a federal holiday in the United States for mourning the U.S. military personnel who have died while serving in the United States armed forces. It is observed on the last Monday of May. It was formerly observed on May...
Title Wise Newsletter
Read this week's Title Wise.
Bidding Wars Persist as Inventory Dwindles
The average 30-year fixed rate mortgage exceeded 5% in April, the highest level since 2011, according to Freddie Mac. The recent surge in mortgage rates has reduced the pool of eligible buyers and has caused mortgage applications to decline, with a significant...
Affordability and Scarcity
Affordability is the new real estate buzzword. The last two years the inventory shortage that has impacted the market has ultimately driven prices over the last 30 months to hit all-time highs. In addition to making it somewhat lucrative for sellers of homes, the rise...
Prayers for Ulvade, Texas
Our prayers and condolences of Counsellors Title Agency go out to the families, children and community of Ulvade, Texas.
Inflation Fighting Ideas for Staging
Inflation is here, but in the real estate market, inflation hurts the population of people looking to buy their first house. The inflation is also hurting buyers through the rise in mortgage rates, which have doubled over the last 12 months. So while the cost of the...
More Inventory But Less Time on Market
https://youtu.be/PruHySl3IqY The median listing price grew by 15.9% compared with 2021, representing the 22nd straight week of double-digit gains. Even in the light of higher mortgage rates, the trajectory of the prices for existing homes did not let up. While...
Rooms that Raise the Value of a Home for Sale
While demand to purchase homes continues to outstrip supply, potential sellers are seeking the most cost-efficient ways of staging their homes to attract the best price. The annual owner improvement and repair spending is estimated to reach $430 billion by the second...
Home Office Space that Sells a House
One of the reasons the residential real estate market took-off like it did during the pandemic is because there was a rediscovery of the spaces and the services that once made suburbs so attractive were rediscovered. The commuter culture evaporated, and the...
Terms & Fees Associated with Purchasing a Home Part 2
5. Title When purchasing a home, the purchase is not simply about the hard assets or the building itself; the buyer is actually purchasing the legal rights to the land upon which the home rests. These legal rights are described as the title, which is the legal ‘slate’...
New Listings
51 Lions Head Blvd South, Brick, NJ
Just Listed Here
9 Edgewater Dr, Toms River, NJ
Just Listed