News

Ralph’s Blogs

Inventory Grows

https://www.youtube.com/watch?v=9aKaAiKc-Sw Key Findings: The median listing price grew by 9.5% over last year. Growth in the typical asking price of for-sale homes slowed further this week. In fact after 49 straight weeks–nearly a whole year–at double-digit pace, the...

A Frothy Market Turns to Calmer Pricing 

There is the occasional bidding war, but the list prices for many homes are being reduced, and in some cases very quickly.  Most likely, the reason for this being that sellers believe they have seen the market top off. So right now, they want to leverage the inventory...

Attorney Settlement Assistance Program

Counsellors Title Agency provides real estate secretarial support as part of its umbrella of services leveraging its acumen in managing the demands that real estate transactions can place on attorneys’ already hectic schedule. That is why the Attorney Settlement...

Ocean Grove Pier Rebuild Underway

  It has taken 10 years for the Ocean Grove Camp Meeting Association to begin rebuilding its pier destroyed by Superstorm Sandy in 2012. The pier, which will be 500 feet long and reportedly costing $1.3 million, will be open to the public. Because it’s private...

The Mortgage Sector Squeeze

Doing a deep dive into the impact that the slowing real estate industry is experiencing translates into fewer purchases, less inventory, and continued overhead costs. Much of the business has gone digital and such platforms, in order to be maintained, will remain...

Real Estate Market Showing Cracks

The annualized price appreciation trajectory slowed in October to 9.3% from 10.7% according to Black Knight's recent report. According to Black Knight, home prices peaked in June 2022 at $438,000, with October’s home prices falling from June highs by 3.8%. Probably...

Sellers Stepping Aside

Home Sellers Are Pulling Their Homes Off the Market According to a recent Redfin report, a record number of home sellers have taken their homes off the market. Over the last three months, the Redfin report indicates that 2% of all homes listed for sale were removed...

Christmas Trees in New Jersey

One of the accoutrements of the holiday season is the Christmas tree. But the experts are warning us that Christmas trees are going to cost more this year than last year. Historically, it was commonly believed that in the winter, evergreen tree would thrive even in...

October Sales for Hudson County

Hudson County Single Family Homes for July Key Metrics       2021       2022     Change New Listings       153           81      – 47.1% Closed Sales        72           61      – 15.3% DOM*                  32            36       + 12.5% Median PX       $476K   ...

October Bergen and Passaic County Sales

Bergen County Single Family Homes for July Key Metrics         2021       2022     Change New Listings         737         555     – 24.7% Closed Sales        688         516     – 25.0% DOM*                     37           38      + 2.7% Median PX        $600K   ...

October Sales for Morris and Middlesex Counties

Morris and Middlesex Counties Morris County Single Family Homes for October Key Metrics       2021       2022     Change New Listings       524         399     – 23.9% Closed Sales      478         335     – 29.9% DOM*                   33           33      – 0.0%...

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

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