by Anthony | Mar 23, 2021 | 2021 Topics, Existing Home Sales, First-Time Buyers, Inventory Shrinkage, Real Estate News
Even in the light of the pandemic inventory shortage, buyers continue to come out in droves, specifically Millennials and Generation Xers. In addition to the inventory shortages, the new home buyer is searching out for larger homes to accommodate the work-from-home...
by Anthony | Mar 2, 2021 | Bergen County, Existing Home Sales, NJ Real Estate News, Passaic & Bergen Counties
Bergen County Single Family Homes for January Key Metrics 2020 2021 Change New Listings 854 687 – 25.4% Closed Sales 480 663 + 38.1% DOM* 71 48 – 32.4% Median PX $493K $560K + 13.6% %...
by Anthony | Feb 24, 2021 | 2021 Topics, Existing Home Sales, Housing, Inventory Shrinkage, NJ Monthly Sales Reports, NJ Real Estate News, Real Estate News
January started off strong for the housing market, with healthy buyer demand and strong market fundamentals. A robust increase in housing starts in December points to an active year for new construction, but higher material costs, especially lumber, and a limited...
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