by Anthony | Aug 11, 2022 | Uncategorized
Back in 2005 the share of subprime mortgages that were seriously delinquent increase from about 5.6% to 21% by July 2008. That’s the kind of seismic economic disruption that reshapes a nation and an economy. This past May 2022, there were only 2.7 percent of...
by Anthony | Aug 10, 2022 | Uncategorized
The housing market will reflect a different configuration of correction moving forward. Even though prices seem to have eased in terms of the trajectory of appreciation, the inventory shortage and the constriction on building supplies will continue to make housing a...
by Anthony | Aug 9, 2022 | Uncategorized
Hudson County Single Family Homes for June Key Metrics 2021 2022 Change New Listings 176 125 – 29.0% Closed Sales 97 84 – 13.4% DOM* 32 24 – 25.0% Median PX $519K $605K +...
by Anthony | Aug 8, 2022 | Uncategorized
by Anthony | Aug 5, 2022 | Uncategorized
Morris and Middlesex Counties Morris County Single Family Homes for June Key Metrics 2021 2022 Change New Listings 813 770 – 5.3% Closed Sales 694 528 – 23.9% DOM* 31 22 – 29.0% Median...
by Anthony | Aug 5, 2022 | Uncategorized
Overall, inflation is a factor hitting all sectors of the economy, real estate included. Less week CoreLogic reported that the average home price increased by over 18% year-over-year. It appears that this rate is slowing as the rate from May to June was only .6%,...
