Hackers Target Real Estate Professionals

Many real estate transactions have migrated to electronic platforms, and along with the increased functionality comes greater vulnerability from fraud, specifically hackers. Many companies will no longer wire funds on the basis of a single email. There are additional...

Inventory Still An Issue

The majority of New Jersey counties have less than 6 months of inventory: the statewide average is at 5.2 months, according to New Jersey Realtor. The inventory shortage is not showing up in a frenetic rise in home prices, but rather in the number of closed sales and...

January 2017 HPI Rises 6.9 Percent

Forecast Indicates Increase of 4.8% by January 2018 CoreLogic reported that its home prices index [HPI] for sales nationwide, including distressed sales, increased year-over-year by 6.9% in January 2017 compared with January 2016. It also reported that according to...

NJ Real Estate News

American Water Breaks Ground for Camden HQ American Water Works Co. Inc. has broken ground on its new headquarters on the Camden Waterfront, it announced recently. The company, the largest publicly traded U.S. water and wastewater utility, held a ceremony at One Water...

Historic Ocean Grove Site of Massive 5-Alarm Fire

A massive five-alarm blaze which started early Friday morning destroyed a vacant hotel, gutted three houses and damaged two condominium complexes, The Marlborough and La Pierre, in Ocean Grove, as well as several other smaller single family homes, three of which burnt...