by Anthony | Sep 2, 2021 | Uncategorized
White House Wants to Solve the Inventory Crisis According to a number of reliable sources, the White House has begun to develop plans to build in excess of 2 million homes to restore some of the shortage of affordable housing to the market. The shortage of existing...
by Anthony | Sep 1, 2021 | Uncategorized
Union County Single Family Homes for July Key Metrics 2020 2021 Change New Listings 719 629 – 12.5% Closed Sales 493 526 + 6.7% DOM* 51 27 – 47.1% Median PX $435K $525K + 20.7% % of...
by Anthony | Aug 31, 2021 | Uncategorized
Monmouth County Single Family Homes for July Key Metrics 2020 2021 Change New Listings 1,192 946 – 20.6% Closed Sales 747 708 – 5.2% DOM* 55 29 – 47.3% Median PX $500K $610K ...
by Anthony | Aug 30, 2021 | Uncategorized
New Orleans in 2021 is a different city than it was back in 2005 when Hurricane Katrina hit. The levee system is three times the capacity than what was in place 16 years ago. Hurricane Ida hit as a Cat 4 storm, but quickly slowed down to ‘only’ a Cat 2...
by Anthony | Aug 27, 2021 | Uncategorized
Little change has occurred within the real estate market over the last few months to change buyer demand and seller excitement. Potentially, what might be helpful to the market, in the long-term but not in the short-term, is the falling price in lumber futures. We...
by Anthony | Aug 26, 2021 | Uncategorized
The White House recently announced additional measures to help struggling homeowners avoid foreclosure as they exit forbearance, including loan modifications and payment reductions. Borrowers with federally backed mortgages can lock in lower interest rates and extend...