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Ralph’s Blogs

Active Listings Soar 26 Percent

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...

October Events in Monmouth County

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...

August Monmouth & Ocean County Sales

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%...

New Jersey August Sales

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...

Fed Comes Down Hard on Housing

The Federal Reserve believes that the present housing market needs a correction. Jay Powell indicated that the level of appreciation is moving at an unsustainable level and was looking through Jed policies to reduce inflation within residential real estate. By raising...

Median List Prices Continue to Rise

https://www.youtube.com/watch?v=wYIu4L-5Jug Unemployment claims for week of 9/17 totaled 213,000 +5,000 Continuing claims 1,379,000 were down by 22,000 Inflation is at a 40-year high Mortgage frates for the 30-year fixed rate came in at 6.29% Rising interest rates...

The Best Time to Buy a House

When's The Best Time to Buy a House? Traditionally, according to real estate professionals on a nationwide basis, the week of September 25th to October 1st is the best time to buy a home. Notwithstanding, the pandemic happened and in some ways all bets are off. It...

Median List Prices Increase Nearly 12 Percent

https://www.youtube.com/watch?v=F44ngnJNBE8 Small Business optimism trends moved higher hitting 91.8 Retail sales trends - August retail sales increased only slightly, but this increase pushes back the chronic trend downward Unemployment trends - Jobless claims also...

Home Builder Sentiment Falls Again

The National Association of Home Builders reported that home builder sentiment fell in September by three points to 46. According to the index, any number below 50 is considered negative. The sentiment appears to be triggered by market conditions, which are forcing...

Negative Homeowner Equity Falls

National Homeowner Equity CoreLogic reported that in the second quarter of 2022, the average homeowner gained approximately $60,200 in equity during the past year. The CoreLogic analysis showed that U.S. homeowners with mortgages (roughly 63% of all properties) saw...

Price It Right – Listing to Sell

Pricing a Listing Right If the price and the pictures don't match, immediately you have a credibility problem. You know what they say about first impressions: that's how we judge people and that's how we judge properties. We are geared to make snap judgments,...

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
Just Listed

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504 Hooper Avenue, Toms River, NJ 08753

732.914.1400

info@counsellorstitle.com