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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 Policy...

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 New Listings 591 428 – 27.8% Closed Sales 493 443 – 19.1% DOM* 30 32 + 6.7% Median PX $560K $617K + 10.1% % of PX 101.6%...

Bergen and Passaic Counties Bergen County Single Family Homes for September Key Metrics 2021 2022 Change New Listings 833 659 – 20.9% Closed Sales 742 603 – 18.7% DOM* 32 34 + 6.3% Median PX $605K $654K + 8.1% % of PX 101.3%...

Some markets are very sequential and ordered; but the market that we've been in for the last nearly 3 years is anything but normal. As a matter of fact, normal isn't even used when discussing a property. In a recent article in Money magazine, approximately 1/3 of all...

 ■ GDP growth trends GDP increased this past quart  ■ Durable goods trends: orders for durable goods increase  ■ Labor market trends, unemployment trends unemployment claims climbed to 217K, continuing claims also increase to 1,438,000 + 55K  ■ Inflation trends...

CoreLogic published their loan performance report. The percentage of domestic mortgage holders who were 6 months or more late on their mortgage payments fell in August 2022 to an all-time low of 2.8%. This compares to the percentage rate of 4.0 back in August 2021....

Monmouth County Single Family Homes for September Key Metrics 2021 2022 Change New Listings 701 621 – 11.4% Closed Sales 669 586 – 12.4% DOM* 30 32 + 6.7% Median PX $620K $640K + 3.2% % of PX 102.0% 101.1% –...

The U.S. real estate market continues to slow as we move into fall, as rising consumer prices and higher mortgage interest rates squeeze homebuyer budgets and cool activity. With inflation showing little sign of abating, the Federal Reserve implemented another...

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