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Ralph’s Blogs

Real Estate Market Showing Cracks

The annualized price appreciation trajectory slowed in October to 9.3% from 10.7% according to Black Knight's recent report. According to Black Knight, home prices peaked in June 2022 at $438,000, with October’s home prices falling from June highs...

Sellers Stepping Aside

Home Sellers Are Pulling Their Homes Off the Market According to a recent Redfin report, a record number of home sellers have taken their homes off the market. Over the last three months, the Redfin report indicates that 2% of all homes listed for sale were removed...

Christmas Trees in New Jersey

One of the accoutrements of the holiday season is the Christmas tree. But the experts are warning us that Christmas trees are going to cost more this year than last year. Historically, it was commonly believed that in the winter, evergreen tree would thrive even in...

October Sales for Hudson County

Hudson County Single Family Homes for July Key Metrics 2021 2022 Change New Listings 153 81 – 47.1% Closed Sales 72 61 – 15.3% DOM* 32 36 + 12.5% Median PX $476K $525K + 9.9% % PX Rec’d 100.0% 99.4%...

October Bergen and Passaic County Sales

Bergen County Single Family Homes for July Key Metrics 2021 2022 Change New Listings 737 555 – 24.7% Closed Sales 688 516 – 25.0% DOM* 37 38 + 2.7% Median PX $600K $650K + 8.3% % of PX 100.7% 100.2% – 0.5%...

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...

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
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