by Anthony | Jun 7, 2022 | Uncategorized
● The median listing price grew by 18.2% over 2021 ● Mortgage rates have eased in recent weeks ● But mortgage rates are still over 5% ● In many New Jersey Markets, the price trajectory has eased ● Inventory shortages continue to constrain the number of home sales ●...
by Anthony | Jun 6, 2022 | Uncategorized
For the last two-and-a-half years the real estate market has been in such an accelerated trend that it was acting more like the stock market rather than the real estate market. In contrast with the inflated market that led to the 2008 crash of the stock and real...
by Anthony | Jun 3, 2022 | Uncategorized
Huson County Single Family Homes for April Key Metrics 2021 2022 Change New Listings 153 123 – 19.6% Closed Sales 79 88 + 11.4% DOM* 36 36 – 00.0% Median PX $485K $541K + 11.5% % PX Rec’d 99.8% 100.8% + 1.0%...
by Anthony | Jun 2, 2022 | Uncategorized
Bergen and Passaic Counties Bergen County Single Family Homes for April Key Metrics 2021 2022 Change New Listings 1,234 910 – 26.3% Closed Sales 644 541 – 16.0% DOM* 48 35 – 27.1% Median PX $605K $650K + 7.4%...
by Anthony | Jun 1, 2022 | Uncategorized
Morris and Middlesex Counties Morris County Single Family Homes for April Key Metrics 2021 2022 Change New Listings 781 615 – 21.3% Closed Sales 470 355 – 24.5% DOM* 45 30 – 33.3% Median PX $550K $575K + 4.5%...
