by Anthony | Jun 13, 2022 | 2021 Topics, Counsellors Title Agency, Real Estate News, Title Insurance
Record Premiums in 2021 Title insurance premiums for 2021 skyrocketed to $26.2 billion, representing a 35.9% increase over 2020 premiums. The $19.2 billion generated in 2020 was also one of the biggest years ever. The income for the industry also soared by 33.4%...
by Anthony | Feb 15, 2022 | 2021 Topics, Home Equity, Real Estate News
Booming real estate market creating massive well for homeowners. According to a report issued by CoreLogic, in the fourth quarter of 2021 41.9% of all mortgaged residential properties in the United States were designated as equity-rich. The designation indicates that...
by Anthony | Feb 8, 2022 | 2021 Topics, Essex County, Existing Home Sales, Union County
Union & Essex Counties Union County Single Family Homes for December Key Metrics 2020 2021 Change New Listings 282 244 – 13.5% Closed Sales 519 409 – 21.2% DOM* 40 38 – 5.0%...
by Anthony | Feb 7, 2022 | 2021 Topics, 2022, Bergen County, New Jersey News, Passaic & Bergen Counties
Bergen and Passaic Counties Bergen County Single Family Homes for December Key Metrics 2020 2021 Change New Listings 475 338 – 28.8% Closed Sales 948 698 – 26.4% DOM* 45 42 – 6.7%...
by Anthony | Feb 2, 2022 | 2021 Topics, Housing, Monmouth County NJ, NJ Monthly Sales Reports, Ocean County
Monmouth County Single Family Homes for December Key Metrics 2020 2021 Change New Listings 591 442 – 25.2% Closed Sales 683 618 – 9.5% DOM* 42 37 – 11.9% Median PX $560K ...
by Anthony | Feb 1, 2022 | 2021 Topics, Construction, Housing
Nationally new home sales were found to have fallen in three out of four regions. The Northeast, Midwest and the South all experienced significant slowdowns of 34.1%, 23.3% and 17.5%, respectively. It was only in the West where the number of new residential home sales...
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