News

  https://youtu.be/zSHMfb0Xc6g According to the US Census Bureau, approximately 15% of American households, or 6 million people, are behind on rent moving into the fall of 2022. New Jersey happens to be one of those states which is reported to have lagging...

Hudson County Single Family Homes for August Key Metrics 2021 2022 Change New Listings 173 117 – 32.4% Closed Sales 86 77 – 10.5% DOM* 33 30 – 9.1% Median PX $495K $551K + 11.4% % PX Rec’d...

Bergen and Passaic Counties Bergen County Single Family Homes for August Key Metrics 2021 2022 Change New Listings 892 654 – 26.7% Closed Sales 958 712 – 25.7% DOM* 32 32 0.0% Median PX $646K $679K + 5.1% % of PX 101.6% 101.6%...

Wishing All of our Friends, Clients and Associates a Great Columbus Day! We look forward to a record finish for the fourth quarter of 2022. HOLIDAY OFFICE HOURS The Office is Closed Monday, October 10th. We will reopen: Tuesday, October 11th, 8:30 a.m. 

Click Here to Read This Week's Title Wise!

Morris and Middlesex Counties Morris County Single Family Homes for August Key Metrics 2021 2022 Change New Listings 590 412 – 30.2% Closed Sales 649 560 – 13.7% DOM* 30 26 – 13.3% Median PX $595K $600K +...

CoreLogic published its research this month reporting that over the last 12 months, home prices nationwide, including distressed sales, increased year-over-year by 15.8% in July 2022 compared with July 2021. Yet, there was a distinct slowdown on prices on a...

According to a recent Wall Street Journal article, inventory isn't the only issue facing the buyers and sellers within the real estate industry: right now, the United States as a country is short on land, specifically buildable land. The article mentions that land...

https://youtu.be/Ig9BK5bGtp0 Market Update from 9/30/2022 Inflation trends - the Fed expects to continue to raise rates Inflation continues to be a negative factor, which the Fed believes it can control by raising interest rates. Unemployment trends - Initial claims...

FREE Tour of Battery Lewis   Saturdays & Sundays, October 1 & 2, 8 & 9, and 15 & 16 from 12-4 p.m. Hartshorne Woods Park, Highlands – Rocky Point section Tour the restored Historic Battery Lewis and learn about the history of this important former...

Monmouth County Single Family Homes for August Key Metrics 2021 2022 Change New Listings 849 809 – 4.7% Closed Sales 721 621 – 13.9% DOM* 31 24 – 22.6% Median PX $610K $675K + 10.6% % of PX 102.8% 102.3%...

Summer 2022 has been a season of change for the U.S. real estate market. With housing affordability at a 33-year low, existing-home sales have continued to soften nationwide, falling 5.9% month-to-month and 20.9% year-over-year as of last measure, according to the...