by Anthony | Mar 30, 2022 | Uncategorized
Monmouth County Single Family Homes for February Key Metrics 2021 2022 Change New Listings 598 537 – 10.2% Closed Sales 444 359 – 19.1% DOM* 53 46 – 13.2% Median PX $550K ...
by Anthony | Mar 29, 2022 | Uncategorized
The U.S. real estate market remains hot ahead of the spring selling season, with existing home sales up 6.7% as of last measure, according to the National Association of REALTORS®. Experts attribute the growth in sales to an uptick in mortgage interest rates, as...
by Anthony | Mar 28, 2022 | Uncategorized
January Existing Home Prices Skyrocket 19.1% CoreLogic reported that in January existing home prices soared 19.1% year-over-year. Despite severe inventory constraints home buyers continue to pour into the market, driving prices up to new record levels. Most likely...
by Anthony | Mar 25, 2022 | Uncategorized
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by Anthony | Mar 24, 2022 | Uncategorized
As mortgage rates hit an average of 4.6% on a fixed 30-year mortgage, experts are concerned that the rise in rates will impact overall sales of properties. Still, demand for homes remains historically very strong as January home sale prices increased by 19%...
by Anthony | Mar 23, 2022 | Uncategorized
Total existing-home sales fell 7.2% in February 2022 from January 2022. The year-over-year sales also fell by 2.4%, registering 6.17 million homes sold year-over-year. Affordability continues to be a growing concern for new home buyers, in addition to the price wars...
