Northeast and Northwest are losing residents.

Hudson County Single Family Homes for November Key Metrics       2021       2022     Change New Listings       121          86      – 28.9% Closed Sales        91          64      – 29.7% DOM*                  41           52       + 26.8% Median PX       $420K   ...

  Counsellors Title is open on Monday, January 16th. 

New Jersey's rate of zombie properties is 0.41%. The national rate for zombie properties is 1.26%. New Jersey has the fifth smallest percentage of zombie properties. Some counties in New Jersey have a higher rate of zombie properties than others. Cape May has the...

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Trend Watch Before any major shift occurs within a major market, there is movement that appears in the adjacent territories. As in the case of the recent sellers' market, which dominated real estate since 2020, there is a new shift occurring in some of the less active...

Nationally, homeowner equity gained $34,300 in the third quarter of 2022, since the third quarter of 2021. Approximately 63% of all properties in the United States hold mortgages, with equity increasing 15.8% year over year. This represents a collective gain of $2.2...

Bergen and Passaic Counties Bergen County Single Family Homes for November Key Metrics         2021       2022     Change New Listings         573         439     – 23.4% Closed Sales        661         487     – 26.3% DOM*                     42           39      –...

Morris and Middlesex Counties Morris County Single Family Homes for November Key Metrics       2021       2022     Change New Listings       364         282     – 22.5% Closed Sales      472         304     – 35.6% DOM*                   35           39      + 11.4%...

There were 23,627 homes for sale in November 2022, a 13% decline over last year. ■ Median sales prices are up 7.8% year-to-date in the total market, while new listings and closed sales dropped in November 2022. ■ Existing home and pending home sales have continued to...

Monmouth County Single Family Homes for November Key Metrics       2021       2022      Change New Listings       441         423       – 4.1% Closed Sales      619         423       – 31.7% DOM*                   37           34        – 8.1% Median PX        $580K ...

THE ONE THING: New home sales climbed by nearly 6% HUD and the US Census Bureau published figures for new home sales in the month of November 2022. The government reported a seasonally adjusted annual rate of 640,000, which represents an increase of 5.8% from October....