Market Report for Week Ending 2021-11-27

An Unusual Week: Attorney Review and Real Estate Contracts in New Jersey “Though this be madness, yet there is method in’t.” -Polonius (as an aside while speaking to Hamlet), Hamlet, William Shakespeare It’s from this quote untwisted from its...
Market Report for Week Ending 2021-11-20

Market Report for Week Ending 2021-11-20

Finalized Monthly Numbers for October Now Available Mid-month we receive formalized final data for the previous month. So we now have October available. We use this space on a weekly basis to share some data or an anecdote to describe the current market here at the...
Market Report for Week Ending 2021-11-13

Market Report for Week Ending 2021-11-13

The NYT asks: Will Real Estate Ever Be Normal Again? The New York Times published a long piece in the NYT Magazine this weekend. Here’s a direct link (including audio format): Will Real Estate Ever Be Normal Again? – The New York Times (nytimes.com) If you...
Market Report for Week Ending 2021-11-06

Market Report for Week Ending 2021-11-06

We Are Burke & Co. This week we take a pause from pushing some data or an anecdote about the current state of the market here at the southern NJ shore in order to remind you who we are. Burke & Co. is a real estate “group” or “team”. We...
Market Report for Week Ending 2021-10-30

Market Report for Week Ending 2021-10-30

Stay Tuned In addition to posting this report a day later than we typically do, we also are sparing you the brief introduction we usually offer. The reason: We have a special video message coming this week. Want to make sure you catch that video? Then make sure you...
Market Report for Week Ending 2021-10-23

Market Report for Week Ending 2021-10-23

Bayfront Beauty Here’s your surprise for this week. The most expensive new listing last week among the towns we cover each week– Avalon, Sea Isle, Stone Harbor, and Upper Township (including Strathmere)– was not on 7 Mile Island but in Sea Isle City....
Market Report for Week Ending 2021-10-16

Market Report for Week Ending 2021-10-16

Finalized Monthly Numbers for September Now Available Mid-month we receive formalized final data for the previous month. So we now have September available. One clear trend: There are far fewer homes going under contract. Sea Isle City saw a drop by 76% from one year...
Market Report for Week Ending 2021-10-09

Market Report for Week Ending 2021-10-09

Make an Offer It’s said that one chess master offered this advice for beginners: “Always go for check. It might just be checkmate.” This has been an incredibly difficult year for people trying to buy homes and the agents working with them. Multiple...
Market Report for Week Ending 2021-10-02

Market Report for Week Ending 2021-10-02

There Must Be 50 Listings At Least This Week In Sea Isle That’s right. We’ve clawed our way back to over 50 active listings. Perhaps more surprisingly, only 11 homes went under contract in all of September in sunny Sea Isle City. We will publish full...