📈Let’s compare how the real estate market performed in May 2024 compared to May 2023 in Monmouth and Ocean counties. 📉Sale prices were up in single family homes in both counties, up in condos in Ocean, while Monmouth saw a slight dip in prices in condos in May. There was a rise in inventory in […]
📈Let’s compare how the real estate market performed in January 2024 compared to January 2023 in Monmouth and Ocean counties. 📉Prices were up by about 20% in almost every category compared to last January. There was a decrease in the number of sales and inventory levels as well. 📊 I created the infographics below based […]
📈Let’s compare how the real estate market performed in December 2023 compared to December 2022 in Monmouth and Ocean counties. 📉To close out 2023, the data for December didn’t look too different than in prior months: low inventory, fewer sales but higher prices. 📊 I created the infographics below based on the information supplied by […]
📈Let’s compare how the real estate market performed in November 2023 compared to November 2022 in Monmouth and Ocean counties. 📉Home prices were up last month in all categories, with biggest jump in Ocean County condos and Monmouth County single family homes. Inventory is still low, although there was a jump in Monmouth County condo […]
By: Meghan Carroll I read this article on how much closing costs typically are by state and thought I would use this infographic to expand on the topic of closing costs. One question I am asked often is “What (or how much) are closing costs?” If you are not a seasoned buyer or seller, this […]
By: Melissa Dittmann Tracey | From the National Association of Realtors Home buyers often focus on saving for a down payment, forgetting that they must budget for closing costs, too. And those fees can add up: The average closing costs in the U.S. are $4,243, according to a new study from Assurance IQ, an insurance […]
📈Let’s compare how the real estate market performed in October 2023 compared to October 2022 in Monmouth and Ocean counties. 📉Monmouth County single family home sales saw a slight dip in price compared to last October, whereas condos saw a larger jump in price. Ocean County had significant jumps in pricing in both categories. Inventory […]
From PennyMac What Is a Home Appraisal and Why Is It Important? A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. Appraisals are an essential part of the home financing process, ensuring the homebuyer, seller and mortgage lender each have an impartial, consistent and […]
📈Let’s compare how the real estate market performed in September 2023 compared to September 2022 in Monmouth and Ocean counties. 📉Ocean County single family homes and Monmouth County homes saw a larger jump in the increased price compared to September 2022. About a quarter of homes sold were cash deals, where with condos 30-48% of […]
Homeowners Association (HOA) neighborhoods have long been a contentious topic in America. Some people love them, and others loathe them. While it’s true that HOAs are not for everyone, there are several benefits to living in an HOA neighborhood. Let’s look at just a few of the most notable benefits of living in an HOA […]
