Morris and Middlesex County June Sales

by | Aug 5, 2022 | Uncategorized

Morris and Middlesex Counties Morris County Single Family Homes for June Key Metrics 2021 2022 Change New Listings 813 770 – 5.3% Closed Sales 694 528 – 23.9% DOM* 31 22 – 29.0% Median PX $600K $654K + 9.1% %...

Inventory Plus Inflation Equal Unaffordability

by | Aug 5, 2022 | Uncategorized

Overall, inflation is a factor hitting all sectors of the economy, real estate included. Less week CoreLogic reported that the average home price increased by over 18% year-over-year. It appears that this rate is slowing as the rate from May to June was only .6%,...

Bergen and Passaic County June Sales

by | Aug 3, 2022 | Uncategorized

Bergen and Passaic Counties Bergen County Single Family Homes for June Key Metrics 2021 2022 Change New Listings 1,232 1,068 – 13.3% Closed Sales 895 770 – 14.0% DOM* 30 25 – 16.7% Median PX $656K $711K +...