Overall, inflation is a factor hitting all sectors of the economy, real estate included. Less week CoreLogic reported that the average home price increased by over 18% year-over-year. It appears that this rate is slowing as the rate from May to June was only .6%,...

Bergen and Passaic Counties Bergen County Single Family Homes for June Key Metrics         2021       2022     Change New Listings       1,232     1,068     – 13.3% Closed Sales        895         770     – 14.0% DOM*                     30           25      – 16.7%...

https://youtu.be/eT0gc6qO_zY

Title Wise Newsletter 

Monmouth County Single Family Homes for June Key Metrics       2021       2022      Change New Listings     1.018         934       – 8.3% Closed Sales      724         616       – 14.9% DOM*                   29           26        – 10.3% Median PX        $625K   ...

• Single Family Closed Sales were down 16.0 percent to 7,804.  • Townhouse-Condo Closed Sales were down 14.3 percent to 2,436. • Adult Communities Closed Sales were down 12.1 percent to 680. • Single Family Median Sales Price increased 12.1 percent to $510,000. •...

#6 In your referral email, make sure that you are to the point: mention a success and outcome, especially if those outcomes were experienced by your client. If you personalize the email, make sure you highlight some of the projects or assignments you worked on with or...

Despite all the negativity about higher interest rates and inflation, single-family homes in New Jersey are still on the rise as far as prices and as far as new listings. New listings for June 2022 have increased every month since January, showing a definite trend...

Cold Calling vs. Warm Email Recommendations comment referrals and reviews. It is impossible today to run a business without recommendations and referrals. A good referral system involves three elements: ask, seek and knock. Today with all the robocalls going on, and...

Reasons People Are Leaving New Jersey There isn't just one reason people are leaving the Garden State; a great deal of the basis for their decisions to leave are based upon these factors: 1. Factors concerning retirement. Many New Jersey retirees are moving because of...

Affordability is now becoming a roadblock to home ownership and affordable rentals. With the median price for a single-family home hitting $460,000 this past May, first-time buyers are being forced to put their home purchase plans on hold. The consequence of these...

US Home Builder Sentiment Falls in Light of Hyper-Inflation Home builder sentiment was reported to have fallen by 12 points in the recent report issued by the National Association of Home Builders. Conscious the drop represents the single largest decrease in the...