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Ralph’s Blogs

November Home Sales and Prices Continue to Rise

As expected, the November home sales increased by 1.9% on top of the results for October existing home sales. The sustained demand is attributed to several factors: a strong job market, continued shortages of existing homes for sale, lower mortgage rates, and the...

Housing Market Update – 12/17/21

https://youtu.be/Gl4C5EzLbk0 The Snapshot ■ The NFIB small-business optimism index and rising wholesale prices, both of which point to rising prices next year. in retail sales. ■ There will be concern over the impact of rising inflation rates will have upon the...

Best and Worst Real Estate Markets

The massive number of transitioning households on the move had a clear impact upon the price trajectory of all real estate markets. According to CoreLogic, on the low end of the spectrum was Washington, D.C., with an average home price increase of only 5.3% in October...

2022 Conventional Wisdom in Real Estate

Conventional wisdom held with respect to purchasing the first home is usually in your thirties after you've been married. But convention doesn't seem to be fitting the formulas for today's real estate market. Many of the Millennials who are forming families today have...

Staying Visible Within Your Market

One of the ways that you can remain visible and relevant to your potential market is to provide tips and ideas on how they can care for their property during the course of the year. There are a number of different ways that homeowners can protect their homes during...

October Hudson County Sales

Hudson County Single Family Homes for October  Key Metrics       2020      2021     Change New Listings       178        152      – 14.6% Closed Sales        87          69      – 20.7% DOM*                   44          34      – 22.7% Median PX        $442K   $473K ...

How to Increase Your Email Opens

It is important to know which day of the week is everyone sending their campaigns? • Most email marketers like to mail out on Tuesday (closely followed by Thursday) for sending out their campaigns • Email Fact: Wednesday is the weekday with the highest open rate,...

October Union & Essex County Sales

Union and Essex Counties  Union County Single Family Homes for October Key Metrics       2020      2021     Change New Listings       665        467      – 29.8% Closed Sales       513       442      – 13.8% DOM*                   37          33      – 10.8% Median...

October Bergen & Passaic County Sales

Bergen and Passaic Counties  Bergen County Single Family Homes for October Key Metrics       2020      2021     Change New Listings       1,146     718      – 37.3% Closed Sales        982      683      – 26.7% DOM*                   46          36      – 21.7% Median...

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