January Existing Home Prices Skyrocket 19.1% CoreLogic reported that in January existing home prices soared 19.1% year-over-year. Despite severe inventory constraints home buyers continue to pour into the market, driving prices up to new record levels. Most likely...

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As mortgage rates hit an average of 4.6% on a fixed 30-year mortgage, experts are concerned that the rise in rates will impact overall sales of properties. Still, demand for homes remains historically very strong as January home sale prices increased by 19%...

Total existing-home sales fell 7.2% in February 2022 from January 2022. The year-over-year sales also fell by 2.4%, registering 6.17 million homes sold year-over-year. Affordability continues to be a growing concern for new home buyers, in addition to the price wars...

Weaker Builder Sentiment Could Hold This Market Back One of the things that we have learned over the last couple years is that we can't really predict what will happen in a crisis, or even a disruption. As existing home sales thin because of the shortage of available...

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The inventory crisis that has plagued the real estate market for the last two years is now bumping heads with the supply chain issues that are curtailing builders’ abilities to meet demands for new homes. On top of it all, inflation has hit the economy like a tractor...

St. Patrick's Day Wishes Happy St. Patrick’s Day! May you have a blissful and prosperous celebration of this day. May you be blessed with a pot of gold that offers you happiness, prosperity and luck! Happy St. Patrick's Day to you and your family from all of us at...

At Counsellors Title Agency, we are a full-service title insurance agency that offers title insurance, search, and closing services for all types of property -- residential and commercial. If you're a real estate agent, attorney, or loan officer looking for more...

Springtime is usually the traditional time that home buyers and home sellers are coming together as the flowers bloom. As I said, traditionally; but the last two years have been anything but traditional. The average home appreciation in the state of New Jersey over...

Hudson County Sales                                 2021    2022   Change  New Listings           113       105       - 7.1% Closed Sales             92        87       - 5.4% DOM                         44        49        + 11.4% Median PX             $450K $465K   ...

New Jersey homeowners are going to see something happen that's never happened before, they are going to get property tax relief. New Jersey Governor Phil Murphy presented a proposal for the coming fiscal year as part of his effort to finally address the burden of...