Real Estate Market Showing Cracks

The annualized price appreciation trajectory slowed in October to 9.3% from 10.7% according to Black Knight’s recent report. According to Black Knight, home prices peaked in June 2022 at $438,000, with October’s home prices falling from June highs by 3.8%....

Sellers Stepping Aside

Home Sellers Are Pulling Their Homes Off the Market According to a recent Redfin report, a record number of home sellers have taken their homes off the market. Over the last three months, the Redfin report indicates that 2% of all homes listed for sale were removed...

Christmas Trees in New Jersey

One of the accoutrements of the holiday season is the Christmas tree. But the experts are warning us that Christmas trees are going to cost more this year than last year. Historically, it was commonly believed that in the winter, evergreen tree would thrive even in...

October Sales for Hudson County

Hudson County Single Family Homes for July Key Metrics       2021       2022     Change New Listings       153           81      – 47.1% Closed Sales        72           61      – 15.3% DOM*                  32            36       + 12.5% Median PX       $476K   ...

October Bergen and Passaic County Sales

Bergen County Single Family Homes for July Key Metrics         2021       2022     Change New Listings         737         555     – 24.7% Closed Sales        688         516     – 25.0% DOM*                     37           38      + 2.7% Median PX        $600K   ...

October Sales for Morris and Middlesex Counties

Morris and Middlesex Counties Morris County Single Family Homes for October Key Metrics       2021       2022     Change New Listings       524         399     – 23.9% Closed Sales      478         335     – 29.9% DOM*                   33           33      – 0.0%...