by Anthony | Jun 10, 2021 | Uncategorized
In many cases there is a great deal of panic out there, which is the result of a historic inventory shortage in the housing supply. Never before have inventory levels fallen into the levels of one month supply. And in addition, the interest rates are slowly creeping...
by Anthony | Jun 9, 2021 | Uncategorized
Percent of Price Received More houses are selling above list price than at any other time since records have been kept on such data. In some cases and in some areas, homes are selling on average in 17 days. Some buyers were so anxious to flee their current urban...
by Anthony | Jun 8, 2021 | Uncategorized
Plummeting Inventory The scarcity of available existing homes for sale has been a matter of concern over the last three-and-a-half years. Ever since the housing crash of 2008, builders are highly wary of building before they have buyers in hand. Too many builders took...
by Anthony | Jun 7, 2021 | Uncategorized
Bergen County Single Family Homes for April Key Metrics 2020 2021 Change New Listings 430 1,188 + 176.3% Closed Sales 425 637 + 49.9% DOM* 56 48 – 14.3% Median PX $550K $610K + 10.9% % of...
by Anthony | Jun 4, 2021 | Uncategorized
Union County Single Family Homes for April Key Metrics 2020 2021 Change New Listings 291 653 + 124.4% Closed Sales 319 383 + 20.1% DOM* 52 37 – 28.8% Median PX $445K $460K + 3.4% % of...
by Anthony | Jun 3, 2021 | Uncategorized
This is Part Two of a transcript of podcast done with Marita DeCarlo, from ADK Realty based in Toms River, New Jersey and Anthony DiMaio, author and real estate blogger. MD: You’re always looking for the right property, but, you know, those two properties, like I...
