by Anthony | Jun 3, 2022 | Existing Home Sales, Hudson County, NJ Monthly Sales Reports
Huson County Single Family Homes for April Key Metrics 2021 2022 Change New Listings 153 123 – 19.6% Closed Sales 79 88 + 11.4% DOM* 36 36 – 00.0% Median PX $485K $541K +...
by Anthony | Jun 2, 2022 | Bergen County, Existing Home Sales, NJ Monthly Sales Reports, NJ Real Estate News, Passaic & Bergen Counties
Bergen and Passaic Counties Bergen County Single Family Homes for April Key Metrics 2021 2022 Change New Listings 1,234 910 – 26.3% Closed Sales 644 541 – 16.0% DOM* 48 35 –...
by Anthony | May 26, 2022 | Existing Home Sales, Housing, Inventory Shrinkage, NJ Monthly Sales Reports, NJ Real Estate News
The average 30-year fixed rate mortgage exceeded 5% in April, the highest level since 2011, according to Freddie Mac. The recent surge in mortgage rates has reduced the pool of eligible buyers and has caused mortgage applications to decline, with a significant...
by Anthony | May 5, 2022 | 2022, Existing Home Sales, Hudson County, NJ Monthly Sales Reports, NJ Real Estate News
Huson County Single Family Homes for March Key Metrics 2021 2022 Change New Listings 142 154 – 4.2% Closed Sales 101 75 – 12.6% DOM* 59 52 – 20.0% Median PX $415K $502K +...
by Anthony | Apr 29, 2022 | 2022, Middlesex, Morris County, NJ Monthly Sales Reports
Morris and Middlesex Counties Morris County Single Family Homes for March Key Metrics 2021 2022 Change New Listings 719 569 – 20.9% Closed Sales 404 336 – 16.8% DOM* 47 38 – 19.1%...
by Anthony | Apr 26, 2022 | 2022, Existing Home Sales, Inflation, NJ Monthly Sales Reports, NJ Real Estate News
Nationally, existing home sales recently dropped to a 6-month low, falling 7.2% as buyers struggled to find a home amid rising prices and historic low inventory. Pending sales are also down, declining 4.1% as of last measure, according to the National Association of...
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