by Anthony | Mar 26, 2021 | Uncategorized
Monmouth County Single Family Homes for February Key Metrics 2020 2021 Change New Listings 920 596 –35.2% Closed Sales 357 444 + 24.4% DOM* 73 52 – 28.8% Median PX $450K $549K + 22.0% %...
by Anthony | Mar 25, 2021 | Uncategorized
Mortgage interest rates ticked a bit higher in February, but remain below their February 2020 levels. Interest rates may rise a bit further in coming weeks, but according to Freddie Mac chief economist Sam Khater, “while there are multiple temporary factors driving up...
by Anthony | Mar 23, 2021 | Uncategorized
Even in the light of the pandemic inventory shortage, buyers continue to come out in droves, specifically Millennials and Generation Xers. In addition to the inventory shortages, the new home buyer is searching out for larger homes to accommodate the work-from-home...
by Anthony | Mar 22, 2021 | Uncategorized
New Exclusion of up to $10,200 of Unemployment Compensation On March 11th, President Biden signed the American Rescue Plan, which will give to recipients of unemployment payments up to $10,200 tax-free. The allotment is only given to those with an adjusted gross...
by Anthony | Mar 19, 2021 | Uncategorized
Year-over-year, US homeowner equity increased by over $1.5 trillion since the fourth quarter of 2019. This represents a 16.2% increase from the prior period. The increase in homeowner equity affected approximately 62% of all US properties. Across the country, home...
