by Anthony | Nov 24, 2020 | 2020 Trends, Counsellors Title Agency, Housing, New Jersey News, NJ Monthly Sales Reports, NJ Real Estate News, Real Estate News
October 2020 Monthly Snapshot October continued to be busier than the calendar normally suggests. Buyer activity remains higher than normal for this time of year, while in many segments of the market housing supply remains much lower than one year ago. Multiple offers...
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...
by Anthony | Nov 17, 2020 | 2020 Trends, Housing, NJ Real Estate News, Real Estate News
In 2019, the average amount paid in real estate taxes in New Jersey was a national high of $8,953, representing an increase of $186 over the amount paid in 2018. Though this figure is significant, there is a bright side to this: the average homeowner gains in the...
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...
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...
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