New Jersey February Sales Slip Slightly

U.S. existing-home sales grew 3.1% month-over-month to a seasonally adjusted annual rate of 4.00 million, exceeding economists’ expectations and marking the strongest sales pace since August 2023, according to the National Association of REALTORS® (NAR). Falling...

Days on Market for NJ Counties in February

New Jersey Counties Days on Market for February 2024  County                  Days on Market  Somerset County              25 Morris County                   27 Union County                   30 Essex County                   31 Middlesex County            32...

Florida – A Case Study in Market Fluctuations

Single-Family Market The Florida real estate market is reflecting some divergent pricing as it goes for single-family homes versus the condo market. According to Redfin, the single-family home market grew by 9% year-over-year as well as the number of new listings...

Bethlehem Church Sold for $175,000

Bethlehem, PA Church Bought by Parishioners This month the Saint Joseph’s Church in Allentown, Pennsylvania, was purchased by a group of parishioners for $175,000. The church had been closed since 2008, as a result of the consolidation of parishes in Allentown. The...

February Existing Sales Jump from January

Nationally, existing home sales for the month of February increased by 9.5% from January 2024. This translates into a seasonally adjusted rate of 4.38 million homes. Overall, sales for existing homes fell 3.3% from 2023, but in comparison to prior months these sales...