by Anthony | Jul 21, 2021 | 2021 Topics, Housing, Inventory, Inventory Shrinkage, NJ Real Estate News
For the very first time since February 2020, new listings are beginning to replenish inventory on a national basis. This is also the case in New Jersey. Up until February 2021, new listings were below prior year metrics. Finally inventory on a national basis has seen...
by Anthony | Jul 7, 2021 | 2021 Topics, Housing, NJ Real Estate News, Real Estate News
Home prices increased from 2020 to 2021 by 15.4% year-over-year. The forecast is dramatically different for the next 12 months…and could differ based upon the specific market. North Carolina, Texas and Tennessee appear to have built up demand for a number of...
by Anthony | Jun 28, 2021 | 2021 Topics, Existing Home Sales, Housing, Inventory, NJ Monthly Sales Reports, NJ Real Estate News, Real Estate News
As the weather warms and pandemic restrictions ease across much of the country, the U.S. housing market shows little sign of cooling. Robust buyer demand, fueled by low mortgage rates, continues to outpace supply, which remains near historic lows. Nationwide,...
by Anthony | Jun 23, 2021 | 2021 Topics, Existing Home Sales, Housing, Real Estate News
The National Association of Realtors reported that sales for existing homes soared by over 44% year-over-year for May 2021. Approximately 5.8 million homes were sold, which is still above pre-pandemic levels. The crisis in the inventory shortage nationwide continues...
by Anthony | Jun 21, 2021 | 2021 Topics, Housing, NJ Real Estate News
New Jersey Ranks as #1 State to Live In Most Affordable Alabama 47.52 1 West Virginia 2 Arkansas 3 Education & Health Massachusetts 1 Vermont 2 Connecticut 3 Minnesota 4 New Jersey 5 Safety New Jersey 1 New York 2 New Hampshire 3 From WalletHub Link ...
by Anthony | Jun 16, 2021 | 2021 Topics, Existing Home Sales, Housing, Monmouth County NJ, NJ Real Estate News
Initially, it was inventory shortages, and then it was labor shortages, and then it was building supply price increases, but when you come down to it, right now the biggest barrier to entry in this real estate market is inflation. The fed’s decision to keep...
Recent Comments