Bergen & Passaic County Sales for March

by | May 4, 2022 | Uncategorized

Bergen and Passaic Counties Bergen County Single Family Homes for March Key Metrics 2021 2022 Change New Listings 1,050 938 – 10.7% Closed Sales 666 513 – 23.0% DOM* 51 44 – 13.7% Median PX $590K $641K + 8.6%...

Wall Street Slows Down Purchases of Homes

by | May 2, 2022 | Uncategorized

CoreLogic reports 12 consecutive months of annual home price increases. The home price increases are only further complicated by the rising mortgage rates that have crossed the 5% line. Except for a few days in 2018, mortgage rates have been below the 5% benchmark...