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Uncategorized January ’22 Market Watch January, 2022  2021 Bridgewater Review      There were 671 homes sold in Bridgewater during 2021. The large majority, 471 or 70.2 percent were single family units. The remaining 200, or 29.8 percent were condos or town homes. Homes sold last year represented approximately 4.4 percent of the total households in the Township. 56.8 percent of […]
Uncategorized February ’22 Market Watch February, 2022  Mortgage Rates Are The Story     Readers of Market Watch were aware that mortgage rates would increase over the course of 2022. In last month’s Market Watch it was noted that “Many economists expect mortgage rates to rise this year after the Federal Reserve announced last month that it would begin dialing […]
Uncategorized March ’22 Market Watch March, 2022  What Will Home Prices Will Look Like In 2023?  According To Fannie Mae      Heading into 2022, the consensus of analysts covering the real estate market was that home price growth would decelerate significantly during this year. But in two months, what a difference. Already some of the same firms that projected this […]
Uncategorized May ’22 Market Watch May, 2022  The Question: Is The Housing Market In A Bubble? (Charts courtesy of Keeping Current Matters)      The one question that is constantly being asked, and one that is making news stories, is, is the housing market in a bubble and are home prices going to fall? And it is a good question. Afterall, […]
Uncategorized July ’22 Market Watch July, 2022   Recession And Mortgage Rates – A Historical Perspective   There is growing concerning by the business and consumer sectors that a recession is likely. Those concerns were confirmed when the Federal Reserve increased interest rates in their attempt to bring down inflation. Their hike of .75 percent points put the Fed funds […]
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