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Ralph’s Blogs

November Sales for Bergen & Passaic Counties

Bergen and Passaic Counties Bergen County Single Family Homes for November Key Metrics         2022       2023     Change New Listings        453         421     – 7.1% Closed Sales        488        361     – 26.0% DOM*                    39         32     – 17.9%...

Toms River Votes to Suspend Enforcement of Chapter 253

Toms River Votes to Suspend Enforcement of Chapter 253 Impacting Properties Being Sold, Re-sold or Transferred The proposed change suspends the enforcement of the mandatory requirement for residential dwellings to obtain a municipal certificate of continued use and...

Morris & Middlesex County November Sales

Morris and Middlesex Counties Morris County Single Family Homes for November Key Metrics       2022       2023     Change New Listings       282        273     – 3.2% Closed Sales      304        277     – 8.9% DOM*                   39          29     – 25.6% Median...

Market Trends: November 2023

                                                                                   Market Trends: November 2023 Considering some of the dramatic moves the market has made over the last 18 months, the supply of homes remains at significantly depressed levels. At the...

7 Resolutions to Make in 2024

What Success Will Look Like for New Jersey's Real Estate Industry As we step into the promising year of 2024, it's time for professionals in New Jersey's real estate industry to reflect on past achievements and set resolutions that will propel them towards greater...

November Monmouth & Ocean County Sales

Monmouth County Single Family Homes for November Key Metrics       2022       2023      Change New Listings      420        443      + 5.5% Closed Sales      422        345      – 18.2% DOM*                  35         34      – 2.9% Median PX        $650K    $700K ...

New Jersey November Monthly Sales

Low inventory, elevated sales prices, and decades-high interest rates continue to weigh on the housing market, causing sales of existing homes to fall to their slowest pace since August 2010. According to the National Association of REALTORS® (NAR), U.S. existing-home...

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