by Anthony | Oct 13, 2021 | Existing Home Sales, Housing, Real Estate News
Housing Demand Domestic housing demand has remained consistently strong since April 2020, with only shortages in building supplies and skilled labor and buildable plots holding it back. These constrictions to some degree have held some projects back, but in general...
by Anthony | Oct 12, 2021 | 2021 Topics, Existing Home Sales, Housing, Real Estate News
Median sales price Q2-2021 Q-1 2021 Q-2 2020 United States 374,900 369,800 322,600 Northeast 567,100 511,700 441,000 Midwest 315,400 320,600 287,200 South 337,500 327,300 290,600 West ...
by Anthony | Sep 30, 2021 | 2021 Topics, Existing Home Sales, Monmouth County NJ, NJ Real Estate News, Ocean County
The recent numbers for New Jersey show a different trend than those in the southern markets, whereas in all 3 categories for single-family homes, sales fell in the state, including new listings, pending sales and closed sales for the month of August. Nationally...
by Anthony | Sep 21, 2021 | 2021 Topics, Existing Home Sales, First-Time Buyers, Housing, Mortgages, New Jersey News, New York CIty, Real Estate News
Normal is Changing If there is anything that we have been forced to accept it is that normal is never normal when your market has encountered any major disruption. What is common, maybe not normal, is the curtailed number of homes for sale, specifically single-family...
by Anthony | Sep 13, 2021 | 2021 Topics, Existing Home Sales, Inventory Shrinkage, NJ Real Estate News
Scarcity – Is a Real Seller’s Mindset The one product and service that never goes out of style is scarcity. Once a product or service is considered to be scarce, it becomes a matter of time when those prices to obtain it rise to a level that fulfills the...
by Anthony | Sep 7, 2021 | Bergen County, Existing Home Sales, NJ Monthly Sales Reports, NJ Real Estate News, Passaic & Bergen Counties
Bergen County Single Family Homes for July Key Metrics 2020 2021 Change New Listings 1,383 1,203 – 13.0% Closed Sales 550 884 + 60.7% DOM* 57 30 – 47.4% Median PX $544K $655K +...
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