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Ralph’s Blogs

Median Price for a Home Hits New Record in March

Inflation Now Impacting Housing Markets Some housing supply appears to be increasing but it does not seem to be having a measurable impact upon the price of homes nationwide. Cash sales have hit their highest level of all total sales, accounting for 28% of all...

Warehouse Construction Surging in New Jersey

The Surge in Warehouse Construction There is clearly a scramble for buildable parcels of land, especially for warehouse use. New Jersey is in the middle of an ongoing warehouse construction boom as a result of the surging demand created by online shopping, where...

The Housing Market

https://youtu.be/uPR9SNpBJAU George Ratiu, Manager of Economic Research, discusses the changing economic and real estate landscape as we move through spring. He covers the sharp increase in prices which are taking a bigger bite out of Americans’ paychecks. He mentions...

Builders Are Back

According to reports, as of February 2022 there were nearly 800,000 single-family homes under construction in the United States. This represents a 28% increase over 2021 according to US government figures. Despite the rising mortgage rates, and the general shortage of...

Inflation, Rates and the Fed

In this video, Manager of Economic Research George Ratiu discusses the shifts taking place in the economy and how they are impacting the housing markets. Mr. Ratiu covers the number of factory orders, which declined for the first time in 10 months, pointing out that...

Title Insurance Is Protection

Insurance is there to protect your investment. Title insurance is no different. Though title insurance is often an overlooked part of the home buying process, it's an important one. The problem is that many people don't even know where to begin their research. Click...

The New Normal – Tight Inventory and Higher Rates

CoreLogic reports 12 consecutive months of annual home price increases. The home price increases are only further complicated by the rising mortgage rates that have crossed the 5% line. Except for a few days in 2018, mortgage rates have been below the 5% benchmark...

5 Marketing Tactics for Spring 2022

Marketing is a skill, not just a business card or a headshot. A marketer knows that things change; like a sailboat can weather stormy seas because it is capable of leveraging the winds of change in order to navigate to its final destination. In the book How to Survive...

Manhattan Cash Purchases Skyrocket in Q1

According to the recent numbers, in light of the rising interest rates, deep-pocket buyers went deep into the New York City real estate market with respect to purchases in the first quarter of 2022. According to reports, over 47% of all real estate purchases in...

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