New Normal: Pending Sales Will Remain at Low Levels

It is perplexing to understand what is happening within this real estate market. But one thing for sure, we cannot rely upon the current reportage since they are using old benchmarks for a brand new market. The media’s assessment of the market is based upon an...

Technology May Cut Days on Market in Half 

The average days on market in New Jersey has fallen year-over-year by 33%. This significant drop-off reflects an atypical market trend which for February has never been a strong selling month. Back in 2020, the days on market in February came in at 75 days. In 2021...