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Ralph’s Blogs

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% Median PX $539K $629K +...

October Monmouth & Ocean County Sales

Monmouth County Single Family Homes for July Key Metrics 2021 2022 Change New Listings 652 577 – 11.5% Closed Sales 610 481 – 21.1% DOM* 35 38 + 8.6% Median PX $583K $650K + 11.4% % of PX 101.4% 99.7% – 1.7%...

The New Real Estate Market

THE NEW MARKET â–  Buyers are increasingly looking to buy a home somewhere else â–  Home shoppers from the Northeast and the Northwest were most likely looking at buying a home in another place â–  Those leaving New...

October Existing Home Sales Shrink Further

Inventory Shrinkage Continues to Thwart Home Buyers  Existing home sales declined nationwide for the eighth consecutive month, falling1.5% as of last measure, according to the National Association of REALTORS®(NAR), with sales down nearly 24% from the same period last...

Inflation Inventory Interest Rates Squeeze Households

For the last few years, the shrinkage of inventory of existing homes for sale has been problematic for homebuyers, especially the first-time buyers. But over the last 30 months there are several other factors that are plaguing the real estate market as it impacts...

Friday After Thanksgiving Counsellors Is Closed

This Thanksgiving, we’re thankful for loyal friends and customers like you! Happy Thanksgiving to our Friends from all of us at Counsellors Title Agency!! Please note that our business offices will be closed on Thursday, November 24th and Friday, November 25th. We...

Happy Thanksgiving 2022 from Counsellors Title

This Thanksgiving, we're thankful for loyal friends and customers like you! Happy Thanksgiving to our Friends from all of us at Counsellors Title Agency!! Please note that our business offices will be closed on Thursday, November 24th and Friday, November 25th. We...

A Renaissance in Multi-Generational Households

The recent National Association of Realtors report indicates that the percentage of first-time home buyers has dropped significantly in October to 28% falling from 29% in September 2022. Typically, first-time home buyers comprise 40% of all existing sales. The reason...

October Home Sales and Inventories Fall

According to the National Association of Realtors October sales of Previously listed homes fell 5.9% from the prior month. The rise in interest rates as it hovers around 7%, and the scarcity of inventory are having its effect upon the total sales. Considering these...

The 30 Percent Rule

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...

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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504 Hooper Avenue, Toms River, NJ 08753

732.914.1400

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