Morris and Middlesex July Single Family Sales

Morris County Single Family Homes for July Key Metrics 2020 2021 Change New Listings 880 699 – 20.6% Closed Sales 596 620 + 4.0% DOM* 51 28 – 45.1% Median PX $500K $600K + 20.0% % of PX 98.8% 103.2% + 4.5% Inventory 1,568 1,030...

Bergen and Passaic July Single Family Sales

Bergen County Single Family Homes for July Key Metrics 2020 2021 Change New Listings 1,383 1,203 – 13.0% Closed Sales 550 884 + 60.7% DOM* 57 30 – 47.4% Median PX $544K $655K + 20.4% % of PX 97.9% 102.6% + 4.8% Inventory 2,710...

Labor Day

  The History of Labor Day Labor Day is a federal holiday that was established to recognize the contribution of American workers. Originally it came about by the efforts of the labor movement that took place in the late 19th century. Labor Day became a Federal...

White House Wants to Solve Inventory Shortage

White House Wants to Solve the Inventory Crisis According to a number of reliable sources, the White House has begun to develop plans to build in excess of 2 million homes to restore some of the shortage of affordable housing to the market. The shortage of existing...