by Anthony | Apr 1, 2020 | COVID19, NJ Real Estate News, Real Estate News
Just when you thought it couldn’t get weirder, homeowners in Toms River may have to pay an average of $116 more a year in their property taxes. The increase is due to the COVID-19 pandemic. This represents an increase of 7% from 63.9 cents to 68.1 cents. This...
by Anthony | Mar 26, 2020 | Morris County, NJ Monthly Sales Reports, Real Estate News
Morris County Single Family Homes for February Key Metrics 2019 2020 Change New Listings 668 743 + 11.2% Closed Sales 253 265 + 4.7% DOM* 80 69 – 13.8% Median PX $415K $425K + 2.4% % of PX 96.5% 97.1% + 0.7% Inventory 1,870 1,564 –...
by Anthony | Mar 20, 2020 | 2020 Trends, Real Estate News
Existing home sales jumped in February by 6.5% on a month-to-month basis and it was up 7.2% on a year-over-year basis. In addition the high volume of homes sold cut into the available inventory, causing the homes for sale to fall to 1.47 million or 9.8% on an annual...
by Anthony | Mar 19, 2020 | NJ Real Estate News, Real Estate News, Title Insurance, Uncategorized
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by Anthony | Mar 17, 2020 | Foreclosure, Mortgages, Real Estate News
Mortgage Bankers Association has published a new forecast for 2020 total mortgage originations projecting $2.61 trillion. This represents a 20% increase over 2019 originations. The 20% increase in loan originations include both purchase originations and refinances....
by Anthony | Mar 13, 2020 | 2020 Trends, Business Tips, Monmouth County NJ, Ocean County, Real Estate News
Currently, the CDC is recommending that if you’ve visited China, South Korea, Iran, Italy or Japan in the past 14 days; have been in close contact with someone who has traveled to China, South Korea, Iran, Italy or Japan in the past 14 days; or had close contact...
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