May Sales for Morris & Middlesex Counties

Morris and Middlesex Counties Morris County Single Family Homes for May Key Metrics       2023       2024     Change New Listings       497        564    + 13.5% Closed Sales      308        328     + 6.5% DOM*                   32          22     – 31.3% Median PX   ...

May Sales for Monmouth and Ocean Counties

Monmouth County Single Family Homes for May Key Metrics       2023       2024      Change New Listings      701        735      + 4.9% Closed Sales     440        410      – 6.8% DOM*                  39         37      – 5.1% Median PX        $650K    $750K   + ...

May New Jersey Monthly Results

U.S. existing-home sales fell for the second month in a row, sliding 1.9% month-over-month and 1.9% year-over-year, according to the National Association of REALTORS® (NAR), with sales down in all four regions of the country. Higher borrowing costs and accelerating...

Real Estate Co-Marketing

  Co-Marketing When real estate professionals are building their business, it is imperative to select the right co-marketing partners in order to leverage networks, build brands, enhance credibility, and ultimately boost the bottom line. Here’s a checklist...

Prices Hit New Highs, But More Homes Cut Prices

The most recent report from Redfin is that the median sale price of a home domestically hit an all-time high of $394,000 during the first week ending June 9th. Part of it might be attributed to the easing of mortgage rates down to approximately 6.5%, but demand for...

NJ Homeowners Gain Nearly $60K in Equity

The Northeast posts some of the biggest home equity gains in Q1 2024. According to the recent CoreLogic report, New Jersey posted an average $59,000 increase in homeowner equity, placing it at number 3. California came in number 1, Massachusetts number 2 with New...