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Bergen County Bergen County single-family homes fell back into a buyer’s market with an absorption rate of 8.3%, which was much higher than last month. The average number of days a home stayed on the market remained normal. The average sale price ...[Read More]
On Tuesday, November 3, 2009, Chris Christie was elected as the 55th Governor of New Jersey. The Governor-Elect will be sworn in to office in January 2010. For information on where Governor-Elect Christie stands on issues of importance to REALTORS ® ...[Read More]
On Friday, November 6, 2009, President Obama signed HR 3548 or "The Worker, Homeownership, and Business Assistance Act of 2009," a bill that extends unemployment benefits and includes an amendment to also extend and expand the federal tax credit. ...[Read More]
Bergen County Bergen County single-family homes maintain their moderate SELLER’S market status with an absorption rate of 3.8, which was the same as last month. The average number of days a home stayed on the market remained normal. The average sale ...[Read More]
Bergen County Bergen County single-family homes remain in a moderate SELLER’S market with an absorption rate of 3.8 – a slight decrease in inventory. The days on the market also went down to 85 days from 90 days last month. The days on market ...[Read More]
Ramapo, Franklin Lakes - Announcing a price reduction on a 3 bath, 4 bdrm colonial "Center Hall". Now $1,298,000 - Just Reduced!!!. Property information[Read More]
Bergen County Bergen County fell sharply into a SELLER’S market with an absorption rate of under 4 – inventory is lower than normal. The days on the market is about the same as last month – normal market. The average sales price for the ...[Read More]
National Summary (U.S.) Pending home sales rose with many first-time buyers taking advantage of historically good housing affordability conditions, according to the National Association of REALTORS ® . The Pending Home Sales Index, 1 a forward-looking ...[Read More]
Owner looking for quick sale! • commercial "Mix use - Store with two story appartment" - $625,000 Carlton Hill, East Rutherford - This is a great income property with 2 apartments and a storefront located in East Rutherford, lowest taxes ...[Read More]
Mint condition on lagoon! • 1 bath, 2 bdrm ranch - $1,200 USD Monthly Mystic Island, Little Egg Harbor - Recently renovated and ready to move in, this 2-bedroom, 1-bath ranch home on a deep lagoon has much to offer...and only minutes to the bay. Located ...[Read More]
Home prices posted their first monthly gain in three years in May, a gauge of values in 20 major U.S. cities showed, reinforcing signs of stabilization in a market hammered by the worst slump since the 1930s. The S&P/Case-Shiller home-price index rose ...[Read More]
Sales of newly constructed single-family homes spiked 11% in June to an annualized rate of 384,000 homes, according to a report released Monday. The gain over May was much greater than expected. A consensus of housing industry analysts had forecast seasonally ...[Read More]
Bergen County Home prices continued to fall during June but the number of homes sold was up by 50% over last month. The time it took to sell a single family home in Bergen County decreased by about 10%. However, condo/townhomes took an additional 23% longer ...[Read More]
Passaic County Inventory in Passaic County approaching a normal market with the average sales price down only about 9% over last year at his time. For the year, the average sales price is only down 4% since December of ’07. Northern NJ Housing Stats[Read More]
Bergen County Single-family homes are firmly in a “Normal” market – inventory is down. Homes sold for the month increased by 30% over last month while the average sales price remained steady since February. The average sales price for ...[Read More]
Many anxious buyers have been sitting on the sidelines waiting for the time to finally make their move. Four factors are making that time now. First , sellers are realizing that proper positioning allows buyers to see value. They understand they need to ...[Read More]
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