In general, it has been believed to be prudent to budget 30% of of gross monthly income for rent. But considering the ferocious inflation, the shortage of available inventory, especially for first-time buyers, and the escalation in the cost for rentals, that number...

Inflation Has Cost the Average Family Over $6K According to EJ Antoni, an economist and research fellow for regional economics in the Center for Data Analysis, the average American family is losing real income due to inflation over the last two years. “American are...

Reasons for Selling Family Issues 13.4% Need a Larger House 12.2% Other 11.8% Weather-related 11.8% Retirement 10.8% Changing Neighborhoods 9.4% Lifestyle 8.4% Downsizing 7.7% Job 7.6% Short Sale 3.0% Investment 2.3% Bankruptcy 1.5%

A plateau or a cliff? Many within the housing and real estate markets are wondering whether this market has lost its mojo and is plateauing or if it is about to go over an economic cliff. At one point there seemed to be a never-ending demand for new houses and...

One recent Tampa listing fell so severely that this house listing was reduced by $110,000 in just a few months. In New Jersey: Many other markets are seeing significant falloff from the surge in interest rates and the unaffordable prices of many homes. One such case...

https://www.youtube.com/watch?v=SkJiBmdXhis The numbers are confirming that the active inventory of homes for sale is growing even as mortgage rates surpass 7%. According to the National Association of Realtors, the current trend boasted active listings to above their...

The Importance of Title Insurance  The value of title insurance especially for many homeowners, is the fact that their property is their largest investment—and that’s worth protecting! An Owner’s...

If there's one metaphor that can possibly be applied to this housing market, it's one big obstacle course. Now with the prices of homes at all-time highs, and inventories at many times all-time lows, interest rates are now climbing into the 7% range, and with the...

Hudson County Single Family Homes for September Key Metrics       2021       2022     Change New Listings       134         132      – 1.5% Closed Sales        76           71      – 6.6% DOM*                   44           30       – 31.8% Median PX       $475K   ...

Morris and Middlesex Counties  Morris County Single Family Homes for September Key Metrics       2021       2022     Change...

Bergen and Passaic Counties Bergen County Single Family Homes for September Key Metrics         2021       2022     Change...