by Anthony | Jun 23, 2022 | 2022, Existing Home Sales, Housing, Inflation, Real Estate News
Inflation is taking a bite out of everyone’s wallet. We’re beginning to see that the stampede of homebuyers that were birthed out of the pandemic is slowing down to a trot. Some individuals are thinking that this is the end of the housing boom, but rather...
by Anthony | Jun 6, 2022 | 2022, Housing, Inflation, Inventory, NJ Real Estate News, Rentals
For the last two-and-a-half years the real estate market has been in such an accelerated trend that it was acting more like the stock market rather than the real estate market. In contrast with the inflated market that led to the 2008 crash of the stock and real...
by Anthony | May 24, 2022 | Housing, Inflation, Real Estate News
Inflation is here, but in the real estate market, inflation hurts the population of people looking to buy their first house. The inflation is also hurting buyers through the rise in mortgage rates, which have doubled over the last 12 months. So while the cost of the...
by Anthony | Apr 26, 2022 | 2022, Existing Home Sales, Inflation, NJ Monthly Sales Reports, NJ Real Estate News
Nationally, existing home sales recently dropped to a 6-month low, falling 7.2% as buyers struggled to find a home amid rising prices and historic low inventory. Pending sales are also down, declining 4.1% as of last measure, according to the National Association of...
by Anthony | Apr 22, 2022 | 2022, Inflation, Inventory
Inflation Now Impacting Housing Markets Some housing supply appears to be increasing but it does not seem to be having a measurable impact upon the price of homes nationwide. Cash sales have hit their highest level of all total sales, accounting for 28% of all...
Recent Comments