by Anthony | Jan 11, 2023 | Uncategorized
Trend Watch Before any major shift occurs within a major market, there is movement that appears in the adjacent territories. As in the case of the recent sellers’ market, which dominated real estate since 2020, there is a new shift occurring in some of the less...
by Anthony | Jan 10, 2023 | Uncategorized
Nationally, homeowner equity gained $34,300 in the third quarter of 2022, since the third quarter of 2021. Approximately 63% of all properties in the United States hold mortgages, with equity increasing 15.8% year over year. This represents a collective gain of $2.2...
by Anthony | Jan 9, 2023 | Uncategorized
Bergen and Passaic Counties Bergen County Single Family Homes for November Key Metrics 2021 2022 Change New Listings 573 439 – 23.4% Closed Sales 661 487 – 26.3% DOM* 42 39 – 7.1% Median PX $619K $625K + 1.0%...
by Anthony | Jan 6, 2023 | Uncategorized
Morris and Middlesex Counties Morris County Single Family Homes for November Key Metrics 2021 2022 Change New Listings 364 282 – 22.5% Closed Sales 472 304 – 35.6% DOM* 35 39 + 11.4% Median PX $540K $575K + 6.5% % of PX 101.3%...
by Anthony | Jan 5, 2023 | Uncategorized
There were 23,627 homes for sale in November 2022, a 13% decline over last year. ■ Median sales prices are up 7.8% year-to-date in the total market, while new listings and closed sales dropped in November 2022. ■ Existing home and pending home sales have continued to...
