https://www.youtube.com/watch?v=AyrHYbPQqkE Affordability, Inventory Shortages and Higher Interest Rate  

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...

Morris and Middlesex Counties  Morris County Single Family Homes for March Key Metrics       2021       2022     Change New Listings       719         569     – 20.9% Closed Sales      404         336     – 16.8% DOM*                   47           38      – 19.1%...

01 Download This Week's Title Wise Newsletter 

Monmouth County Single Family Homes for March Key Metrics       2021       2022      Change New Listings       890         804       – 9.7% Closed Sales      550         434       – 21.1% DOM*                   53           39        – 26.4% Median PX        $546K   ...

Nationally, existing home sales recently dropped to a 6-month low, falling 7.2% as buyers struggled to find a home amid rising prices and historic low inventory. Pending sales are also down, declining 4.1% as of last measure, according to the National Association of...

The average person will own 3 homes in their lifetime. So the choice of title insurance will protect them against defects in the property's title is crucial. Title insurance provides protection to mortgage lenders and homebuyers against defects or problems with a...

Download The New Title Wise News 

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...

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...

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...