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Ralph’s Blogs
Reasons to Purchase Title Insurance
THE ROLE OF A THOROUGH TITLE SEARCH Before committing to purchase or refinancing a property, a title examiner will examine title plants or public record databases for the purposes of determining the ownership of the property and to uncover deeds, mortgages, wills,...
Union and Essex County Sales
Union & Essex Counties Union County Single Family Homes for December Key Metrics 2020 2021 Change New Listings 282 244 – 13.5% Closed Sales 519 409 – 21.2% DOM* 40 38 – 5.0%...
Bergen and Passaic County News
Bergen and Passaic Counties Bergen County Single Family Homes for December Key Metrics 2020 2021 Change New Listings 475 338 – 28.8% Closed Sales 948 698 – 26.4% DOM* 45 42 – 6.7%...
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December Monmouth & Ocean County Sales
Monmouth County Single Family Homes for December Key Metrics 2020 2021 Change New Listings 591 442 – 25.2% Closed Sales 683 618 – 9.5% DOM* 42 37 – 11.9% Median PX $560K ...
New Construction Sales
Nationally new home sales were found to have fallen in three out of four regions. The Northeast, Midwest and the South all experienced significant slowdowns of 34.1%, 23.3% and 17.5%, respectively. It was only in the West where the number of new residential home sales...
Q4 New Jersey Realtor Skinny
https://youtu.be/y5LpZT_2kvA Q4 was a record-breaking year for the real estate industry. The median sales price increased 6.9% to $401,000 and buyer demand remains high. Mortgage interest rates are expected to rise in 2022 which could cool down the buyer demand.
Storm Clouds Are Rising on the Jersey Shore
Blizzard Forecast for the Jersey Shore The U.S. Weather Service is predicting up to 18 inches of snow will fall from late Friday afternoon until late Saturday afternoon. They are also warning about potential blizzard conditions with winds coming in at 60 MPH. This is...
NJ December Sales
The 2021 housing market was one for the history books. After three consecutive months of increases recently, existing home sales are on pace to hit their highest level in 15 years, with an estimated 6 million homes sold in 2021 according to the National Association of...
The Market Crisis in Morris County
Of course, the scarcity of inventory throughout the state of New Jersey has been a headline for over 2 years, but it appears to have hit a new breaking-point. The available number of homes for sale in Morris County has fallen to just a one-month supply. This has NEVER...
Inflation Strikes Again
Inflation seems to have hit the housing market again according to a recent report published by Redfin. December mortgage payments for home buyers skyrocketed by 21.6% from December 2020, coming in at $1,553. Mortgage payments aren't the only thing rising; the average...
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New Listings
51 Lions Head Blvd South, Brick, NJ
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9 Edgewater Dr, Toms River, NJ
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