Market Insights

Central Jersey Shore

Latest Issue — Q1 2022 Report

A Message From Our CEO

Change is Happening

Change is happening, and fast. We've all noticed that prices are rising. In an attempt to curb inflation, the Federal Reserve Bank raised its funds rate for the first time since 2018. And, it anticipates six more rate hikes for the rest of the year. As a result, interest rates are climbing. How will this impact home buyers and sellers?

Larry Flick V

Chief Executive Officer


– By The Numbers –
Q1 2022 compared to Q1 2021

Decrease in home sales
Average mortgage rate (30-year fixed)
Decrease in inventory
Average sales price increase
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