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September Sales for Union and Essex Counties
Union and Essex Counties Union County Single Family Homes for September Key Metrics 2020 2021 Change New Listings 667 512 – 23.2% Closed Sales 536 372 – 30.6% DOM* 44 31 – 29.5% Median PX $469K ...
September Sales for Bergen and Passaic Counties
Bergen and Passaic Counties Bergen County Single Family Homes for September Key Metrics 2020 2021 Change New Listings 1,139 819 – 28.1% Closed Sales 874 738 – 15.6% DOM* 51 32 – 37.3% Median...
New Monmouth County ERAP Jumps to $30,000
The Monmouth County Board of County Commissioners announced significant changes to the emergency rental assistance program, AKA “Monmouth County ERAP.” New Ceiling Goes to $30,000 The changes will demonstrably increase the total maximum amount of funds from the...
September Sales for Monmouth & Ocean Counties
Monmouth and Ocean Counties Monmouth County Single Family Homes for September Key Metrics 2020 2021 Change New Listings 1,069 701 – 34.4% Closed Sales 849 664 – 21.8% DOM* 52 30 – 42.3% Median PX ...
September Single Family Sales Fall In New Jersey
Nationwide, existing home sales were down slightly in August, falling 2% after two consecutive months of increases, according to the National Association of REALTORS®. The decline in existing home sales coincides with rising sales prices, which have continued to soar...
Nor’easter Hits New Jersey
Nor’easter hits New Jersey and New York with drenching rains. The storm seems to have developed a tight low-level center and is just offshore of Tom’s River, New Jersey. The storm is bearing some shades of subtropical development and the governors of New Jersey and...
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Shortages Incite Rental Wars
As buyers over the last 15 months have eaten away at the inventory within the single-family home market, much of the rental inventory has been sold creating a similar shortage of homes available for rent. Even though it appears that the housing market is slowing down...
Real Estate Market Pivots
Real Estate Pivots If we were tracking the real estate market like we track the stock market, we would look for new highs and new lows, then we would look for points where a breakout stands out or where support breaks down. Recently I noticed a certain trend that...
New Jersey’s Value Real Estate Markets Part 2
Barnegat Township OCEAN COUNTY According to a number of reports, Lennar and D.R. Horton are building approximately 600 luxury homes in active-adult communities, bringing the township’s existing age-restricted homes to more than 3,000. These prestigious builders are...
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