After a slow summer in the real estate market, October brought a notable shift. A sharp drop in mortgage rates encouraged homebuyers to take action, resulting in an uptick in home sales. For those of us in New Jersey's dynamic housing market, this change offers some...

Meanwhile, the real estate market in New Jersey faces additional economic factors that amplify the climate concern: growth in insurance premiums for high-risk properties and growing pressure on local governments to invest in projects for climate resilience that...

The increasing menace of climate change has become a fact impossible to ignore in real estate markets nationwide, even in New Jersey, where worries over flooding, bad weather and growingly expensive insurance gradually have an effect on the estimation of house values....

10 Places to Invest in New Jersey Vacation Properties Based on market data and demand trends, here are New Jersey’s top locations for vacation rental investments: 1. Cape May: Known for its historic charm and high summer demand, this area commands...

New Jersey offers prime real estate opportunities for those looking to invest in vacation rentals. From the famous shorelines of the Jersey Shore to the serene mountain retreats near the Delaware Water Gap, New Jersey’s diversity in landscapes and...

In 2024, the average age of a first-time homebuyer in New Jersey rose to an all-time high of 45, according to Corbelo Law. This marks a significant shift, as rising costs, high competition, and limited inventory make it increasingly difficult for younger New Jerseyans...

The first phase of Monmouth Mall’s massive redevelopment into Monmouth Square is taking shape, with Barnes & Noble opening a brand-new store at the center of the project on November 20. The grand opening will feature a ribbon-cutting ceremony...

The Housing Issue What can be expected if the Federal Government becomes an advocate for the middle-class home buyer? The Federal Government could do 3 things immediately: They could drive down the cost of lumber. They could begin drilling for oil. They could...

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Florida has long been a go-to destination for many northern residents. Florida’s net migration increased among all states in 2022, with a net population surge of 249,064 people. This atypical increase of relocation residents has made destinations...

Bergen County Single Family Homes for September Key Metrics 2023 2024 Change New Listings 534 689 + 29.0% Closed Sales 472 471 + 0.2% DOM* 30 27 – 10.0% Median PX $690K $7775K + 12.4% % of PX 102.7% 103.6% + 0.9% Inventory 1,140 1,100...