by Anthony | Mar 11, 2021 | Uncategorized
There are at least 6 factors that will continue to drive this market into even higher record territory. 1. Record Low Mortgage Rates Rates fell below 3% — what is more encouraging is that they continue to run below 3.5%. Such low rates, within the perspective of...
by Anthony | Mar 10, 2021 | Uncategorized
A Snapshot of the New Jersey Market Taking a look at the New Jersey single-family home market, back in October of 2018 there were roughly 40,000 homes available for sale. Much of the inventory back in October 2018 was 5.8-months supply. Within 12 months that supply...
by Anthony | Mar 9, 2021 | Uncategorized
Some of the reportage on the market characterizes the inventory shrinkage as a loss of new listings, rather than the voracious buyer appetite in this historic real estate market. In one report, the journalist indicated that they discovered there were half as many...
by Anthony | Mar 8, 2021 | Uncategorized
According to the Mortgage Bankers Association, the total number of loans now in forbearance fell by 7 basis points from 5.29% portfolio volume to 5.22% as of February 14th. This translates into approximately 2.6 million homeowners that are in forbearance. The share of...
