News

Approximately 12 years from the time it was created, the Consumer Financial Protection Bureau, which was authorized through the Dodd-Frank Wall Street Reform and Consumer Protection Act, was ruled to be unconstitutional on October 22nd, 2022. The Bureau was...

Netflix is inching closer to building a huge production studio on the Jersey Shore. When Fort Monmouth was closed down years ago, there were few plans in place to fill the void. Fort Monmouth had been a cornerstone of Monmouth County's economy for such a long time....

Monmouth County Goes Dark On Wednesday night around 5:00pm, in the middle of rush hour in Monmouth County, power went out, completely out. It was a total blackout for nearly 50,000 residents in heart of the Jersey Shore. Overall, the outage only affected less than 5%...

Saving on Real Estate Taxes New Jersey’s ANCHOR program is also giving back $2 billion in property tax relief this year for homeowners and renters. Homeowners who make up to $150,000 a year will get $1,500, and $1,000 rebates will be issued to...

  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. 

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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...