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Homebuyer Demand Continues to Drive Prices

by Anthony | Dec 17, 2020 | 2020 Trends, Existing Home Sales, Housing, Mortgages, Real Estate News, Rentals

Chief Economist Danielle Hale reviews: The impact of the most recent jobless claims The signal for the economic recovery Inflation data Monetary and fiscal decisions that lie ahead The highlights from the November Rent report The effect of historic low mortgage rates...

2021 Housing Projections – Rates, Shortages, Viruses

by Anthony | Dec 9, 2020 | COVID19, Existing Home Sales, Housing, Inventory Shrinkage, Mortgages, Real Estate News, Work from Home

Housing projections for 2021 don’t appear to be jumping off any catastrophic cliffs. According to a report issued by Redfin, there is not going to be a dramatic change in the real estate market, as long as inventory remains low, mortgage rates remain even lower,...

October Existing Sales Hit 6,850,000

by Anthony | Nov 23, 2020 | COVID19, Existing Home Sales, Housing, Real Estate News

Existing home sales reported by the National Association of Realtors hit 6,850,000 units for the month of October. This figure came in almost 300,000 units above the September report, which increased by 21% from 2019’s 6,540,000 units. This is not the highest...

National Median Prices Hits $313,500

by Anthony | Nov 16, 2020 | Existing Home Sales, Housing, Inventory Shrinkage, NJ Real Estate News, Real Estate News

The National Association of Realtors released its third-quarter results for sales of existing homes. They reported that in 65% of the 181 metro areas, prices experienced a double-digit increase year-over-year. Many of the largest gainers in the third quarter were...

Home Sales Climb in Northeast Alone

by Anthony | Nov 9, 2020 | Construction, Counsellors Title Agency, Existing Home Sales, Housing, Inventory, Real Estate News

According to the National Association of Realtors, home sales on existing homes increased in the Northeast by 2% at 27.7% annually. The Northeast’s sustained month-to-month increase was due primarily to the exodus from densely populated areas into more suburban...

Existing Home Sales Continue Upward Trajectory

by Anthony | Oct 14, 2020 | 2020 Trends, Existing Home Sales, Housing, Real Estate News

August’s existing home sales continued its upward trend. This momentum was reported for all four regions, Northeast, Midwest, South and West. Sales increased year-over-year by 10.5% from 2019, on target to hit 6 million transactions, up from 5.43 million...

Recent Posts

  • Monmouth County Sales Spike in 2020
  • Certain Coverages for a Title Policy
  • The Pandemic and Loan Performance
  • Zoom Video Tips Going Into 2021
  • Inventory Crisis Hits New Low

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