Monday Morning Cup of Coffee: Time to cut the MLS cord?

Monday Morning Cup of Coffee: Time to cut the MLS cord?

Plus housing metrics, the incredible shrinking GDP, and kicks are for TRIDs

Jeb Bush: Current housing and debt situation unsustainable

Is the clock ticking on the 30-year mortgage?

Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance
W S
The Ticker

New Jersey markets gain strength across the board

All eight NJ metros show home price growth

houses art

All eight of New Jersey’s metropolitan areas showed growth in home prices during the second quarter, according to the National Association of Realtors’ Second Quarter Metropolitan Area Home Prices report.

The Allentown-Bethlehem-Easton, Pa.-N.J. metro area showed significant growth with prices up 19.2% annually in the second quarter.

Finally showing a turnaround, the Edison, N.J. market, which had been negative for several quarters, showed modest growth at 0.8%.

“Because of the slower foreclosure process in New Jersey, our real estate market’s recovery has been behind the curve,” said Jarrod Grasso, CEO of the New Jersey Association of Realtors.

“However, the second quarter of this year has shown signs that the Garden State’s real estate market is getting back on track with our median home price growth rate similar to that of the Northeastern United States,” he added. 

Recent Articles by Brena Swanson

Comments powered by Disqus