by Anthony | Jun 29, 2023 | Uncategorized
Morris and Middlesex Counties Morris County Single Family Homes for May Key Metrics 2022 2023 Change New Listings 724 494 – 31.8% Closed Sales 383 305 – 20.4% DOM* 24 32 + 33.3% Median PX ...
by Anthony | Jun 28, 2023 | Uncategorized
Monmouth County Single Family Homes for May Key Metrics 2022 2023 Change New Listings 940 698 – 25.7% Closed Sales 545 439 – 19.4% DOM* 27 39 + 44.4% Median PX $650K $650K ...
by Anthony | Jun 27, 2023 | Uncategorized
Existing-home sales slid for the second consecutive month, falling 3.4% nationwide as of last measure, according to the National Association of REALTORS® (NAR), as higher interest rates continue to impact buyer affordability. Sales are down 23% compared to the same...
by Anthony | Jun 26, 2023 | Uncategorized
According to the National Association of Realtors, the number of U.S. homes listed for sale saw the largest decline in 13 months, primarily due to the increase in mortgage rates, the inability of builders to supply demand and the overall cost of the average...
by Anthony | Jun 23, 2023 | Uncategorized
Existing Home Sales and Inventory Climbs Unsold existing homes inventory climbed finally by 3.8%,reaching 1.08 million at the end of May, up from April. The total existing-home sales also rose 0.2% from April. As expected, year-over-year, sales dropped 20.4%. The...
by Anthony | Jun 22, 2023 | Uncategorized
Commercial Real Estate News in Monmouth County A $40 million Commercial Deal Closes June 15th in Monmouth County According to sources at Treetop Companies the news of the purchase of 4 commercial industrial buildings in Wall, in Monmouth County, was completed on June...