Future Sustainability of Real Estate Market Part 1

Plummeting Inventory The scarcity of available existing homes for sale has been a matter of concern over the last three-and-a-half years. Ever since the housing crash of 2008, builders are highly wary of building before they have buyers in hand. Too many builders took...

Bergen and Passaic Counties April Sales

Bergen County   Single Family Homes for April Key Metrics        2020    2021   Change New Listings         430   1,188    + 176.3% Closed Sales        425     637     + 49.9% DOM*                   56        48    –  14.3% Median PX       $550K   $610K   + 10.9% % of...

Union and Essex April Sales

Union County   Single Family Homes for April Key Metrics        2020    2021   Change New Listings         291     653    + 124.4% Closed Sales        319     383    + 20.1% DOM*                   52        37    –  28.8% Median PX       $445K   $460K   + 3.4% % of...

Bargain Basement House Hunting Part 2

This is Part Two of a transcript of podcast done with Marita DeCarlo, from ADK Realty based in Toms River, New Jersey and Anthony DiMaio, author and real estate blogger. MD: You’re always looking for the right property, but, you know, those two properties, like I...

Morris and Middlesex County April Sales

Morris County   Single Family Homes for April Key Metrics        2020    2021   Change New Listings         347     778    + 124.2% Closed Sales        345     467     + 35.4% DOM*                   55        45    –  18.2% Median PX       $460K   $550K   + 19.6% % of...