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The Disparate Real Estate Markets 

by Anthony | Jan 18, 2021 | 2021 Topics, COVID19, Housing, Manhattan, NJ Real Estate News

Who would have guessed that the real estate market would appreciate in some cases by 25% year-over-year, especially during a pandemic? And yet, that’s exactly what took place in 2020. So should we expect the same market trajectory in 2021? Using the same guidance for...

Monmouth County Sales Spike in 2020

by Anthony | Jan 15, 2021 | 2020 Trends, Monmouth County NJ, NJ Real Estate News, Real Estate News

Monmouth County 2020 Results The Number of homes sold in Monmouth County jumped to 1,130 or 51.9% over 2019 results. The Median Sales Price for homes sold in Monmouth County climbed to $485,000, a 25% increase over 2019. The Median Days on Market fell to 26 days, a...

Morris And Middlesex County November Sales

by Anthony | Dec 30, 2020 | Middlesex, Morris County, NJ Monthly Sales Reports, NJ Real Estate News

Morris County   Single Family Homes for November Key Metrics        2019    2020     Change New Listings        435      452     + 3.9% Closed Sales       408      608     + 58.8% DOM*                  62        43      – 30.6% Median PX       $420K   $537K    + 27.9%...

Homeowner Equity Soars $1 Trillion

by Anthony | Dec 14, 2020 | Home Equity, Housing, Inventory Shrinkage, NJ Real Estate News, Real Estate News

The most recent home equity report coming from CoreLogic indicates that for the third quarter 2020, U.S. homeowners increased in homeowner equity by $1 trillion. This is the highest amount ever recorded. Approximately 63% of all properties found equity to increase by...

New Jersey Buying Boom

by Anthony | Dec 7, 2020 | Essex County, Morris County, New Jersey News, NJ Real Estate News, Northern New Jersey

Demand for larger residences with home offices and large backyards are making areas in Northern New Jersey the new flower children of this pandemic real estate boom in Northern New Jersey. Some of these in-demand markets include Wyckoff and Closter in Bergen County,...

Outlook 2021 for Atlantic City

by Anthony | Dec 2, 2020 | New Jersey News, NJ Real Estate News

The impact of the pandemic has been felt across every segment of New Jersey’s economy. Unemployment continues to plague many employed in the service industries and retail sector. And real estate conversely continues to ramp higher due to the exodus of...
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