New Jersey Is On a Tear

by | Nov 13, 2020 | Uncategorized

This market in New Jersey has taken on a life of its own. It almost feels like the Seattle or Austin markets. When nearly every single category in the major metrics such as sales, closed sales, median sales price, average sales price and days on market, all are being...

Refinances Increase to 70 Percent of Applications

by | Nov 12, 2020 | Uncategorized

According to the Mortgage Bankers Association, “The refinance share of mortgage activity increased to 70.0 percent of total applications from 68.7 percent the previous week. The adjustable-rate mortgage (ARM) share of activity decreased to 2.0 percent of total...

Working Remotely

by | Nov 10, 2020 | Uncategorized

According to some surveys, 42% of individuals today are working from home. A great deal of anticipation and expectation is surrounding the future of the new domestic economy as it begins to reopen in the post-pandemic era. Some experts are anticipating that up to 25%...

Home Sales Climb in Northeast Alone

by | Nov 9, 2020 | Uncategorized

According to the National Association of Realtors, home sales on existing homes increased in the Northeast by 2% at 27.7% annually. The Northeast’s sustained month-to-month increase was due primarily to the exodus from densely populated areas into more suburban...