by Anthony | Dec 12, 2017 | Uncategorized
It also appears that the demand for homes is still there but the price appreciation is not. Some of this can be attributed to the fact that the economy in New Jersey has basically flatlined for about a decade. In addition to that, taxes on real estate had moved up...
by Anthony | Dec 11, 2017 | Uncategorized
Nationally, the housing market has been expanding since 2012. New Jersey was especially hard hit by the Great Recession of 2009. As of the third quarter of 2017, a little more than 163,000 properties with a mortgage in New Jersey were considered “seriously underwater”...
by Anthony | Dec 8, 2017 | Uncategorized
Realtor.com® 2018 National Housing Forecast Next year, home prices are anticipated to increase 3.2 percent year-over-year after finishing 2017 up 5.5 percent year-over-year. Existing home sales are forecast to increase 2.5 percent to 5.60 million homes due in-part to...
by Anthony | Dec 7, 2017 | Uncategorized
The Economist Magazine came out with an article recently indicating that blue-collar wages are surging. In the years following the end of the recession starting in June 2009, wages and salaries rose by only 8.7%. Prices, on the other hand, increased by 9.5%. In 2015,...
by Anthony | Dec 6, 2017 | Uncategorized
Office Rents Climb to Near New Record Highs in New Jersey The Third-Quarter 2017 Office Market Report reported that rents for office space in New Jersey are steadily rising and nearing an all-time high, based upon a published report put out by Transwestern. The...
by Anthony | Dec 5, 2017 | Uncategorized
The new branch is located in Chatham. The office will serve Morris and the surrounding counties. This is the second branch office opened by Counsellors Title Agency in the last 30 days. The other branch office was opened in Freehold, New Jersey, the county seat of...
