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New home sales surge in March
Some real estate agents have been pretty busy over the past few weeks.
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Number of New Homes for Sale Surges
The number of homes available for sale rose by more than 10 percent in March compared to the same time a year ago, data from the U.S. Census Bureau showed on Tuesday.Last month, there were 477,000 new homes available for sale, 44,000 more than in March of 2023. Compared to February 2024, new homes ready for sale were up by close to 3 percent. The March data amounted to 8.3 months of supply of homes available for sale.: What Is a Mortgage? Types & How They WorkMeanwhile, sales for the month were...
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1 dead in home explosion in New Jersey
At least one person is dead after a house exploded Thursday in New Jersey. Police responded to a home in South River at approximately 7:03 p.m. after reports of an explosion, the Middlesex County Prosecutor's Office said in a statement. When police got to the house, they found two males "who had sustained serious injuries from the explosion," according to the statement. One victim, Kevin Gilbert, 62, of South River, died at the scene. The other victim was taken to Robert Wood Johnson...