The Mortgage Sector Squeeze

Doing a deep dive into the impact that the slowing real estate industry is experiencing translates into fewer purchases, less inventory, and continued overhead costs. Much of the business has gone digital and such platforms, in order to be maintained, will remain...

Real Estate Market Showing Cracks

The annualized price appreciation trajectory slowed in October to 9.3% from 10.7% according to Black Knight’s recent report. According to Black Knight, home prices peaked in June 2022 at $438,000, with October’s home prices falling from June...

Sellers Stepping Aside

Home Sellers Are Pulling Their Homes Off the Market According to a recent Redfin report, a record number of home sellers have taken their homes off the market. Over the last three months, the Redfin report indicates that 2% of all homes listed for sale were removed...

Christmas Trees in New Jersey

One of the accoutrements of the holiday season is the Christmas tree. But the experts are warning us that Christmas trees are going to cost more this year than last year. Historically, it was commonly believed that in the winter, evergreen tree would thrive even in...

October Sales for Hudson County

Hudson County Single Family Homes for July Key Metrics 2021 2022 Change New Listings 153 81 – 47.1% Closed Sales 72 61 – 15.3% DOM* 32 36 + 12.5% Median PX $476K $525K + 9.9% % PX Rec’d 100.0% 99.4%...