New Normal – Interest Rates Hit 7 Percent

Normal turns cruel: rates hit 7.09% The news hit the stands that the average mortgage rate on a 30-year fixed loan came in at 7.09%, which is the highest in over two decades. In contrast, in 2022 the average rate for that same mortgage was approximately 5%. When the...

ChatGPT and Real Estate

By: Anthony DiMaio Ways real estate agents are using ChatGPT One of the best ways to use ChatGPT is in writing a listing for a property. One of the great benefits is that the agent doesn’t have to start from scratch, he or she can put in some description and...

Productivity Hacks

11 Ways to Make Every Day More Productive 1. Breathe, focus, and then think. Don’t rush into the day with a bunch of energy but without a plan or focus. Determine what matters most and do it. 2. Choose one thing. Write down one thing you want to complete before...

New Construction Sentiment Stays Optimistic

Most of the trends within the real estate market for the last few years have been very solid and even extreme. This last week the National Association of Home Builders [NAHB] came out with their Builder’s Sentiment Housing Index. It indicated that for the 7th...

Amboy Multiplex Cinema Demolished

Historic Amboy Theater Torn Down We have passed this entertainment monument on the Garden State Parkway for years. And now, finally, the historic Amboy theaters located in Sayreville, New Jersey are being demolished by Middlesex County. The theaters were originally...

Massive Oceanfront Property Hits the Market

Huge Buildable Lot Oceanfront in Stone Harbor Comes on the Market This particular property can be broken into two separate lots. The buyer could potentially build two homes on this parcel. The Stone Harbor ordinances state that lots require 60 ft of frontage. This...