Happy 4th of July

Counsellors Title Agency wishes all our friends & clients a freedom-loving weekend in the greatest nation on earth. The United States of America In honor of America’s birthday, we will be close on Friday, June 30th at 5:00pm and reopen on Wednesday, July...

What’s What in Commercial Real Estate

There is approximately $1.5 trillion in commercial real estate debt which is owed to pension funds, insurance companies or banks before the end of 2025. That commercial real estate market is not just the office space in the Wall Street district or in Chicago or San...

May Sales for Morris & Middlesex Counties

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 $675K $620K – 8.1% %...

May Sales for Monmouth & Ocean Counties

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 + 0.0% % of PX 105.5% 101.6% – 3.7%...

Only 5,000 Existing Single-Family Homes Sold in May

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...

Housing Inventory Slumps 39% Year-Over-Year

  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...