Monmouth County  Single Family Homes for May Key Metrics       2020    2021    Change New Listings        900     954    + 6.0% Closed Sales       457     581    + 27.1% DOM*                   63       38    – 39.7% Median PX         $485K $595K + 22.7% % of...

As the weather warms and pandemic restrictions ease across much of the country, the U.S. housing market shows little sign of cooling. Robust buyer demand, fueled by low mortgage rates, continues to outpace supply, which remains near historic lows. Nationwide,...

What's driving housing prices? Obviously the shortage of available housing inventory is the primary driver to this unrelenting market. But there are other factors that are contributing to an unusual and strong real estate market. First is the rebound of the economy....

Guess who owns 12,556 homes in Atlanta? An interesting point: it's a spin-off from the world's largest private equity company, BlackRock, also known as Invitation Homes. Why is that important? According to a recent article, in certain Atlanta zip codes, Invitation...

The National Association of Realtors reported that sales for existing homes soared by over 44% year-over-year for May 2021. Approximately 5.8 million homes were sold, which is still above pre-pandemic levels. The crisis in the inventory shortage nationwide continues...

To help minimize risks during real estate transactions, the escrow/settlement process was developed to protect the buyer, seller and lender. An escrow account is a temporary holding account that is managed by the escrow holders who is a neutral third party...

New Jersey Ranks as #1 State to Live In https://www.youtube.com/watch?v=UEfFMz8OcuY Most Affordable Alabama 47.52 1 West Virginia 2 Arkansas 3 Education & Health Massachusetts 1 Vermont 2 Connecticut 3 Minnesota 4 New Jersey 5 Safety New Jersey 1 New York 2 New...

History of Father's Day Father’s Day is celebrated annually on the third Sunday in June in the United States, United Kingdom, Canada, India, and a number of other countries around the world. The first known Father’s Day service occurred at the Williams Memorial...

Inventory shortages as well as price increases across the board nationwide are having their collateral impact upon rents for single-family homes. Across the nation, rents for single-family homes have jumped anywhere from 3.9% to 6.1%. The CoreLogic report that tracked...

Initially, it was inventory shortages, and then it was labor shortages, and then it was building supply price increases, but when you come down to it, right now the biggest barrier to entry in this real estate market is inflation. The fed's decision to keep rates...

A checklist when purchasing property without a building. In this kind of market some buyers are willing to purchase a buildable lot if they can't find a house that's right for them. Buildable lots have a different set of checklists that may not be necessary when...

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