by Anthony | Feb 26, 2021 | 2021 Topics, Middlesex, Morris County, NJ Monthly Sales Reports
Morris County Single Family Homes for January Key Metrics 2020 2021 Change New Listings 533 408 – 23.5% Closed Sales 371 390 + 5.1% DOM* 75 41 – 45.3% Median PX $428K $517K + 20.9% %...
by Anthony | Feb 24, 2021 | 2021 Topics, Existing Home Sales, Housing, Inventory Shrinkage, NJ Monthly Sales Reports, NJ Real Estate News, Real Estate News
January started off strong for the housing market, with healthy buyer demand and strong market fundamentals. A robust increase in housing starts in December points to an active year for new construction, but higher material costs, especially lumber, and a limited...
by Anthony | Feb 18, 2021 | 2021 Topics, Construction, First-Time Buyers, New York CIty, NJ, NJ Monthly Sales Reports, Real Estate News, Uncategorized
The surge of buyers into New Jersey’s counties adjacent to New York City has ranked them as 4 out of the top 10 for first-time buyers. The percentage of first-time buyers has now climbed to 39% nationwide; this is up from 30% reported back in 2016. The demand...
by Anthony | Feb 17, 2021 | 2021 Topics, COVID19, Monmouth County NJ
Monmouth County has taken a bit of a hit with respect to the revenues it was projecting to receive during 2020. That will have to be made up somewhere, and somewhere is into the pocketbooks of taxpayers. Surprise, surprise? What exactly happened in 2020? Well, the...
by Anthony | Feb 9, 2021 | 2021 Topics, Moving, New Jersey News, New York CIty, NJ
New Jersey, New York, Illinois, Connecticut and California topped the states with the most number of people moving out of them. States showing inbound movement included Florida and South Carolina. COVID-19 became the big trigger causing many people to move in 2020....
by Anthony | Feb 2, 2021 | 2021 Topics, COVID19, Jersey Shore, NJ Weather
A major nor’easter hit the East Coast on Sunday morning and continued through Tuesday with high winds and gusts up to 50mph. New Jersey Governor Phil Murphy declared a state of emergency, suspending all trains and buses and restricting travel on highways....
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