Morris and Middlesex Counties Morris County Single Family Homes for February Key Metrics       2022       2023     Change New Listings       408         283     – 30.6% Closed Sales      274         160     – 41.6% DOM*                   42           54      + 28.6%...

The demand for housing in the area of existing home sales climbed 14.5% in February. This represents a shift in the erosion of existing sales that had been on a 12th month skid. It also represents a 22.4% increase year-over-year, which is the largest since July 2020....

February Sales for Monmouth & Ocean Counties

New Jersey February Existing Sales Fall Again

Where People Are Moving To and From.

February Existing Home Sales Spike

The nation's very first outdoor mall is slated for demolition. Liberty Village, located in Flemington, New Jersey, represents the first outdoor mall ever constructed in the country. It will be replaced by a multi-site construction of townhomes with multiple uses....

The housing shortage remains in the millions as of March, 2023.

Guess which state is number one for jobs? No, it's not New York! It's Florida. According to the Bureau of Labor Statistics, Florida closed out 2022 with 9,578,500 non-farming jobs, beating out New York State, which had just 9,576,100 jobs. This is the very first time...

Redfin reported that for December, 2022, the number of homes for sale fell 14.1% to 25,534 from 2021. While the number of newly listed homes was 4,272, down 29.7% from 2021 with the months of supply remained at 2 months, the same as in 2021. The average price in...

The numbers are confirming that the active inventory of homes for sale is growing even as mortgage rates dip to under 7%. According to the National Association of Realtors, the current trend boasted active listings to above their 2020 level in the same month for the...

NJ February Inventory Grows