by Anthony | Nov 2, 2022 | Uncategorized
Some markets are very sequential and ordered; but the market that we’ve been in for the last nearly 3 years is anything but normal. As a matter of fact, normal isn’t even used when discussing a property. In a recent article in Money magazine, approximately...
by Anthony | Nov 1, 2022 | Uncategorized
■ GDP growth trends GDP increased this past quart ■ Durable goods trends: orders for durable goods increase ■ Labor market trends, unemployment trends unemployment claims climbed to 217K, continuing claims also increase to 1,438,000 + 55K ■ Inflation trends...
by Anthony | Oct 28, 2022 | Uncategorized
CoreLogic published their loan performance report. The percentage of domestic mortgage holders who were 6 months or more late on their mortgage payments fell in August 2022 to an all-time low of 2.8%. This compares to the percentage rate of 4.0 back in August 2021....
by Anthony | Oct 27, 2022 | Uncategorized
Monmouth County Single Family Homes for September Key Metrics 2021 2022 Change New Listings 701 621 – 11.4% Closed Sales 669 586 – 12.4% DOM* 30 32 + 6.7% Median PX $620K $640K + 3.2% % of PX 102.0% 101.1% –...
by Anthony | Oct 26, 2022 | Uncategorized
The U.S. real estate market continues to slow as we move into fall, as rising consumer prices and higher mortgage interest rates squeeze homebuyer budgets and cool activity. With inflation showing little sign of abating, the Federal Reserve implemented another...
