Monthly market reports 📈 Let’s compare how the real estate market in Monmouth and Ocean counties performed in May compared to last year. COVID-19 continues to have an effect on the real estate market, but we did see an increase in the number of listed homes from last month. In April 2020, there were 560 […]
The arrival of the coronavirus, COVID-19, has changed virtually every aspect of life, including the momentum of real estate sales. Some home sellers are waiting, hoping that the situation improves as we find a new normal. Others have decided to put their homes on the market because of urgent reasons, such as a job transfer, […]
Let’s compare how the real estate market in Monmouth and Ocean counties performed in April compared to last year. Due to concerns with COVID-19 and state shut down, there was a huge drop in the amount of homes that went on the market last month compared to last year. The number of homes and condos […]
With the release of the latest Economic Pulse Flash Survey from the National Association of Realtors (NAR), results show that people selling their houses today are holding strong on price. According to the most recent data, 74% of real estate agents noted that sellers are not dropping listing prices to attract more buyers. Lawrence Yun, Chief Economist at NAR, noted: “The housing market […]
A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy. The price of any item, however, is determined by supply and demand, which is how many items are available in relation to […]
Earlier this week, we discussed how most projections from financial institutions are calling for a quick V-shaped recovery from this economic downturn, and there’s research on previous post-pandemic recoveries to support that expectation. In addition, we noted how there are some in the business community who believe we may instead be headed for a U-shaped recovery, where […]
In a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable, however, hosting an open house. This is understandable, given the health concerns associated with social contact these days. The question is, if you […]
There are two crises in this country right now: a health crisis that has forced everyone into their homes and a financial crisis caused by our inability to move around as we normally would. Over 20 million people in the U.S. became instantly unemployed when it was determined that the only way to defeat this […]
Many American businesses have been put on hold as the country deals with the worst pandemic in over one hundred years. As the states are deciding on the best strategy to slowly and safely reopen, the big question is: how long will it take the economy to fully recover? Let’s look at the possibilities. Here are […]
Guest Post from: Money.com Going through the process of obtaining a home equity loan is no picnic. You have to be patient. But how long does it take to get a home equity loan? There are different types of home equity loans with slightly different process times, but the overall average home equity loan process […]
Guest Post by: Patrick Young with AbleUSA.info Are you in the market for an accessible home? Chances are you’ve either heard about the challenges that come with finding an accessible home or you’ve experienced them yourself. It’s true that it can be hard to find a home that meets your unique needs, whether you have […]
by Jennifer Billock via ApartmentTherapy.com As much of the country continues to shelter in place, some people are facing a big question right now: What if my shelter has to change? I faced this problem myself at the end of March when my lease in Milwaukee was up. I didn’t have the option to simply […]
by Chelsea Greenwood Lassman via ApartmentTherapy.com The internet is a wonderful resource for all of life’s questions—well, most of them, anyway. When it comes to house hunting, there are certain things that only a resident of a neighborhood could tell you about your future home and surroundings, from the HOA to its kid-friendliness, and much […]
