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Ralph’s Blogs

New Jersey Towns Paying the Most Taxes

1. Millburn – a suburban township in Essex County, came in first in the highest average property tax bill of $24,485 in 2021. 2. Demarest – had the highest average property tax bill in Bergen County, paying $21,983 on average. 3. Tenafly – another Bergen County...

Title Insurance Premiums Hit Record $26 Billion

Record Premiums in 2021 Title insurance premiums for 2021 skyrocketed to $26.2 billion, representing a 35.9% increase over 2020 premiums. The $19.2 billion generated in 2020 was also one of the biggest years ever. The income for the industry also soared by 33.4%...

Mortgage Apps Hit 22-Year Low

  Inflation, inventory, and higher prices are creating a bottleneck for new home buyers to step into this fluid real estate market. According to the Mortgage Bankers Association, mortgage application volume fell for the week of June 3rd by 6.5%, representing the...

June is National Homeownership Month

Truly, homeownership is one of these American phenomena. Mortgages only became generally available after the U.S. banking system came into being after the 1860s through the National Bank Acts. Another milestone was reached when Congress passed the Fair Housing Act of...

Union and Essex County Sales

Union & Essex Counties  Union County Single Family Homes for April Key Metrics       2021       2022     Change New...

New Listings and Higher Prices Define the Real Estate Market

● The median listing price grew by 18.2% over 2021 ● Mortgage rates have eased in recent weeks ● But mortgage rates are still over 5% ● In many New Jersey Markets, the price trajectory has eased ● Inventory shortages continue to constrain the number of home sales ●...

Runaway Market Slows to a Walk

For the last two-and-a-half years the real estate market has been in such an accelerated trend that it was acting more like the stock market rather than the real estate market. In contrast with the inflated market that led to the 2008 crash of the stock and real...

Hudson County Sales

Huson County  Single Family Homes for April Key Metrics      2021       2022     Change New Listings   ...

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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