by Anthony | Mar 30, 2023 | Uncategorized
Bergen and Passaic Counties Bergen County Single Family Homes for February Key Metrics 2022 2023 Change New Listings 645 440 – 31.1% Closed Sales 416 261 – 37.3% DOM* 55 59 + 7.3% Median PX $641K $615K – 4.1%...
by Anthony | Mar 29, 2023 | Uncategorized
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% Median PX $553K $633K + 14.5% % of PX 102.5%...
by Anthony | Mar 28, 2023 | Uncategorized
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....
by Anthony | Mar 27, 2023 | Uncategorized
Monmouth County Single Family Homes for February Key Metrics 2022 2023 Change New Listings 538 495 – 8.0% Closed Sales 367 260 – 29.2% DOM* 47 54 + 14.9% Median PX $580K $595K + 2.6% % of PX 101.4% 98.4% –...
by Anthony | Mar 24, 2023 | Uncategorized
In its continued effort to curb inflation, the Federal Reserve raised its benchmark interest rate in February by a quarter-percentage point to 4.50% – 4.75%, its 8th rate hike since March of last year, when the interest rate was nearly zero. Mortgage interest...
