About Jon Iacono
Jon Iacono brings his 21+ years of experience in the industry to Advisors Mortgage Group. Jon was born in Brooklyn, NY but has lived the majority of his life in Monmouth County, NJ. As a graduate of Monmouth University with a concentration in Management and Computer Science, Jon brings his training and education to Advisors Mortgage to help grow and manage the recruiting team.
Jon worked alongside many mortgage and real estate industry professionals previously with Mortgage Intelligence companies such as, Mortgage Market Guide, Loan Tool Box, Certified, Scripts for Success, CMPS, MBS Highway, Turning Point CRM and more. Jon gives back to his community and has been an active volunteer firefighter for the Colts Neck 84 -1 station since 2004. He enjoys staying active by playing golf, lifting weights, boxing, training Jiu Jitsu and most importantly spending time with his two kids Lily and Jonny Jr.
Home Prices Continuing to Rise
May 26, 2025
Cotality released their Home Price Insights report for the month of March, and it showed that home prices across the country rose 0.6% month over month and 2.5% year over year. Going forward, Cotality forecasts that home pricing will increase 0.9% in their next monthly report and a strong 4.9% over the next twelve months, which is a large increase from their previous forecast which was 4.2%.
Prices are still rising in the Northeast. States like Rhode Island, Connecticut, and New Jersey saw price growth of 7% or more, while states like Utah and Idaho saw price drops of over 2%.
Experts say some areas, especially in the Northeast and Midwest, are holding strong due to a shortage of homes for sale. These areas remain more affordable, with average prices around $230,000.
In Georgia, home prices hit new highs, and growth may continue as people move south. In Florida, prices fell slightly in March, and some markets, like Winter Haven, are seen as risky. Still, Florida is one of the most expensive states, with a median home price of $395,000.
Source : https://bit.ly/4k8qool