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Ralph’s Blogs

July Union and Hudson County Single Family Sales

Union County   Single Family Homes for July  Key Metrics      2020     2021    Change New Listings       719      629      – 12.5% Closed Sales      493      526      + 6.7% DOM*                  51        27     – 47.1% Median PX        $435K   $525K  + 20.7% % of...

July Ocean and Monmouth Single Family Sales

Monmouth County Single Family Homes for July Key Metrics       2020        2021     Change New Listings     1,192         946    – 20.6% Closed Sales      747          708    –  5.2% DOM*                  55            29     – 47.3% Median PX       $500K       $610K ...

Cat 4 Hurricane Ida Hits the Gulf

New Orleans in 2021 is a different city than it was back in 2005 when Hurricane Katrina hit. The levee system is three times the capacity than what was in place 16 years ago. Hurricane Ida hit as a Cat 4 storm, but quickly slowed down to 'only' a Cat 2 storm, which...

Housing Demand Continues to Drive Prices

Little change has occurred within the real estate market over the last few months to change buyer demand and seller excitement. Potentially, what might be helpful to the market, in the long-term but not in the short-term, is the falling price in lumber futures. We...

Closed Single-Family Sales Dip

The White House recently announced additional measures to help struggling homeowners avoid foreclosure as they exit forbearance, including loan modifications and payment reductions. Borrowers with federally backed mortgages can lock in lower interest rates and extend...

Good News for Jersey Drivers

According to a report, Jersey drivers are FINALLY GOING TO GET A BREAK at the pumps. Can you believe that. For the last few years, politicians had taken away the last cheap deal New Jersey had to offer, our gasoline, and jacked up the taxes at the pump. But we, the...

Mortgage Rates Drop – Prices Rise Again

https://www.youtube.com/watch?v=NabXjG8zv14 Mortgage rates dropped this week, while home prices continue to rise and homes continue to sell quickly per our weekly housing trend report. But new listings are helping tame the rate of price growth.

Carbon Not So Neutral

An interesting article appeared discussing a possibility of a number of London commercial office buildings becoming unusable or obsolete based upon the new energy criteria about to be imposed. The whole concept of carbon neutral is somewhat of a oxymoron, as many of...

Creating a Cohesive Company Culture

Once upon a time it was believed that management should discourage socializing at work; it was considered to be non-productive time. If people are speaking and socializing at work, they are not getting the work done. But many studies have discovered that the right mix...

Housing Market Update August 13th

https://youtu.be/WJuWnAtrkis IMPORTANT METRICS: Job openings reached a new record, for the fourth consecutive month with wage pressures dramatically impacting small businesses, along with the continued decline in jobless claims. Also, consumer prices showed strong...

More About Title Insurance

For the majority of American's, the purchase of a home represents the largest investment most families will ever make. There is a great deal of confidence that comes with an owner's title insurance policy. It's a great way to get your property covered from legal...

New Listings

422 St. Thomas Drive

104 Canterbury Lane, Toms River

51 Lions Head Blvd South, Brick, NJ
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9 Edgewater Dr, Toms River, NJ
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504 Hooper Avenue, Toms River, NJ 08753

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