News

Ralph’s Blogs

Zombie Properties Increase

New Jersey's rate of zombie properties is 0.41%. The national rate for zombie properties is 1.26%. New Jersey has the fifth smallest percentage of zombie properties. Some counties in New Jersey have a higher rate of zombie properties than others. Cape May has the...

Salem Somerset & Cumberland Counties Fall Back

Trend Watch Before any major shift occurs within a major market, there is movement that appears in the adjacent territories. As in the case of the recent sellers' market, which dominated real estate since 2020, there is a new shift occurring in some of the less active...

Homeowner Equity Increases $2.2 Trillion

Nationally, homeowner equity gained $34,300 in the third quarter of 2022, since the third quarter of 2021. Approximately 63% of all properties in the United States hold mortgages, with equity increasing 15.8% year over year. This represents a collective gain of $2.2...

Bergen & Passaic County November Sales

Bergen and Passaic Counties Bergen County Single Family Homes for November Key Metrics         2021       2022     Change New Listings         573         439     – 23.4% Closed Sales        661         487     – 26.3% DOM*                     42           39      –...

Morris & Middlesex November Sales

Morris and Middlesex Counties Morris County Single Family Homes for November Key Metrics       2021       2022     Change New Listings       364         282     – 22.5% Closed Sales      472         304     – 35.6% DOM*                   35           39      + 11.4%...

Median Home Sales Rise in NJ

There were 23,627 homes for sale in November 2022, a 13% decline over last year. ■ Median sales prices are up 7.8% year-to-date in the total market, while new listings and closed sales dropped in November 2022. ■ Existing home and pending home sales have continued to...

Monmouth & Ocean County November Sales

Monmouth County Single Family Homes for November Key Metrics       2021       2022      Change New Listings       441         423       – 4.1% Closed Sales      619         423       – 31.7% DOM*                   37           34        – 8.1% Median PX        $580K ...

Buyers Beware, Builders Are Bargaining 

THE ONE THING: New home sales climbed by nearly 6% HUD and the US Census Bureau published figures for new home sales in the month of November 2022. The government reported a seasonally adjusted annual rate of 640,000, which represents an increase of 5.8% from October....

Happy New Year – 2023

Happy 2023 – The Best Is Yet to Come! From all of us at Counsellors Title Agency The Office will be closed on Monday, January 2nd

New Listings

422 St. Thomas Drive

104 Canterbury Lane, Toms River

51 Lions Head Blvd South, Brick, NJ
Just Listed Here

9 Edgewater Dr, Toms River, NJ
Just Listed

Subscribe to Title Wise

504 Hooper Avenue, Toms River, NJ 08753

732.914.1400

info@counsellorstitle.com