Exodus 2.0

by | Aug 18, 2020 | Uncategorized

As residents continue to leave the high-density urban areas such as New York City for areas less populated and with lower rates of virus infections, they’re finding places such as the suburbs of New Jersey and upper New York. National figures have been slow to...

National Median Price Closes In On $350,000

by | Aug 17, 2020 | Uncategorized

The national median price of a home reported by the National Association of Realtors [NAR] to be $349,000, these levels have never been recorded before.  According to the press release issued by the NAR, 48 of the 50 largest metropolitan areas reported...

Interest Rates Drop, Prices Pop    

by | Aug 14, 2020 | Uncategorized

It feels like a virtual tug-of-war interest: rates drop and home prices pop. The pent-up demand that accumulated during the paused spring season is only creating an increasingly difficult and competitive home buying market. According to the National Association of...

Sustained Demand

by | Aug 13, 2020 | Uncategorized

Predicting where the market will go is always going to be a challenge, but in this market, where industry inventory is at record lows and mortgage rates are also at historic lows, buyers will always need to live somewhere. The other factor that is driving this real...

National Median Price Approaches $350K

by | Aug 6, 2020 | Uncategorized

With the national median price of a home reported by the National Association of Realtors [NAR] to be $349,000, these levels have never been recorded before. According to the press release issued by the NAR, 48 of the 50 largest metropolitan areas reported...