Memorial Day Weekend Rocks in NJ

The Memorial Day weekend was a blast in more ways than one. The first point to be recognized is that the weather totally cooperated. Plenty of sunshine and people came out in droves. Many municipalities are reporting great beach badge revenues for the Memorial Day...

High Tech Comes to Storm Technology

Technology is not only coming in the form of microchips, but it is also beginning to make an impact in the construction industry. One of the biggest developments in housing technology is the impact-resistant windows and doors, among other areas. Shutter systems and...

New Listings for Morris County Surge

Morris County single family results came in very strong, with new listings jumping by over 16%. In addition to the pop in new listings, the inventory of homes for sale also increased for the first time in over two years to 2,234 properties, a 5.3% improvement. Median...

Housing Prices Continue to Rise

According to Case-Shiller, national home prices grew by 3.7% year-to-year in March.  Some housing experts consider the easing of the trajectory in the prices of houses as somewhat of a slowdown. But this couldn’t be further from the truth. The economic strength...

New Jersey Real Estate Sales April 2019

The first quarter of 2019 provided several disruptive weather patterns that contributed to less foot traffic toward potential home sales. Coupled with low affordability, higher prices and an inventory situation in its infancy of recovering from record lows – not to...

Monmouth & Ocean County April Sales

Monmouth County Single Family Homes for April Key Metrics    2018   2019   Change New Listings  1,181   1,267  + 7.3% Closed Sales     547      503   – 8.0% DOM*              62        66      + 9.7% Median PX   $410K $430K  + 4.9% % of PX    98.1%   97.2%    – 0.9%...