by anthony | Jan 22, 2020 | NJ Real Estate News, Real Estate News
December U.S. home-sales, as reported by Redfin, skyrocketed by 6.9% year-over-year with a median price of $312,500. This represented the fifth consecutive month of increases, and a jump of 1.0% from November on a seasonally-adjusted basis. In its press release Redfin...
by anthony | Jan 21, 2020 | 2020 Trends, Real Estate News
Tech & Artificial Intelligence Technology is having a dramatic impact on the real estate industry. The Internet has become the default tool in the home search process with nearly 95% of home buyers using it to search for homes and 17% have conducted some variation...
by anthony | Jan 17, 2020 | Real Estate News
Manhattan real estate prices continue to fall. According to the report issued by Douglas Elliman, the average sales price for Manhattan real estate property fell by 7.5%. According to the CNBC report, the average sales price in Manhattan fell to $1.8 million. The...
by anthony | Jan 16, 2020 | Mortgages, Real Estate News
Yesterday’s BLOG focused on the spike in the numbers of buyers and sellers entering the home-buying market. This was confirmed by the recent report issued by the Mortgage Bankers Association. This week’s mortgage application survey conducted by the...
by anthony | Jan 15, 2020 | New Jersey News, Real Estate News
The National Association of Realtors announced that their survey of buyers and sellers indicated both feel it’s a good time to buy and sell. This survey was conducted in the fourth quarter of 2019. It reported that 63% of people believe now is a good time to buy...
by anthony | Jan 6, 2020 | Real Estate News
The National Association of Realtors reported that its forward-looking indicator, based on contract signings, rose 1.5% to 108.7 in September. Year-over-year contract signings jumped 3.9%. According to a press release issued by the NAR, “Pending home sales grew...
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