by Anthony | Apr 25, 2024 | Uncategorized
U.S. existing-home sales improved for the second month in a row, jumping 9.5% to a seasonally adjusted annual rate of 4.38 million units, exceeding economists’ expectations and marking the largest monthly gain in a year, according to the National Association of...
by Anthony | Apr 24, 2024 | Uncategorized
According to the website Bankrate, the 30-year-fixed mortgage hit 7.896% on April 22nd. This trajectory of interest rates for home mortgages continues to escalate, creating a greater demand upon buyers not only for down payments but also in their monthly budgets for...
by Anthony | Apr 23, 2024 | Uncategorized
Snapshot of February Real Estate Stats Year-over-year, sales waned 3.7% (down from 4.35 million in March 2023). Total existing-home sales fell 4.3% from February to a seasonally adjusted annual rate of 4.19 million in March. The median existing-home price for all...
by Anthony | Apr 22, 2024 | Uncategorized
Mercer County Single-Family Sales Surge 33% year-Over-Year. The only county that did not post positive results was Cape May County which reported a decrease of 9%. 1 Mercer County + 33% 2 Union County + 26% 3 Hudson County + 23% 4 Warren County +22% 5 Somerset County...
by Anthony | Apr 19, 2024 | Uncategorized
Fraud risks are increasing based upon the Federal Bureau of Investigation Internet Crime Report, which found that cyber-crime losses increased to a record high $12.8 billion in 2023. The report found risks from wire fraud on 9.2% of transactions during the first...
by Anthony | Apr 18, 2024 | Uncategorized
The iconic drawbridge that links Avon-By-The-Sea and Belmar broke in March. The problem with icons is that replacement parts are very hard to come by if they exist at all. Now the New Jersey Department of Transportation is ‘scrambling’ (we all know that government...
