January 4, 2025 - 13:11
December marked a significant milestone in North Jersey's real estate landscape, as it represented the 14th consecutive month of growth in home inventory across the region. This trend highlights a shift in the market dynamics, providing buyers with more options as they navigate their purchasing decisions.
Homes in North Jersey remained on the market for an average of approximately 70 days, reflecting a slower pace compared to previous years. This extended duration suggests that potential buyers are taking their time to evaluate properties, influenced by rising interest rates and economic uncertainties.
Despite the increase in inventory, home prices have shown resilience, maintaining a level of stability that continues to attract both first-time and seasoned buyers. The market's current state indicates a transitional phase, where the balance between supply and demand is evolving. As we move into the new year, industry experts will be closely monitoring these trends to gauge the overall health of the North Jersey real estate market.
July 14, 2025 - 17:56
Honoring the Legacy of Arlene Leonoff: A Dedicated Real Estate Broker and Animal LoverArlene Leonoff, who arrived in Berkeley in 1955, dedicated her life to the community she loved. For four decades, she played a pivotal role at Red Oak Realty, where her passion for real estate...
July 14, 2025 - 04:54
WAM Alternative Assets Boosts Real Estate Holdings with Significant AcquisitionWAM Alternative Assets Ltd has made headlines with its recent expansion of its investment portfolio, particularly in the real estate sector. The company has announced a major acquisition that is...
July 13, 2025 - 18:07
Understanding Why Homebuyers Withdraw from Property DealsIn the competitive world of real estate, it`s not uncommon for buyers to reconsider their decisions, leading them to back out of a sale. While agents cannot control these changes of heart, being...
July 13, 2025 - 00:33
Jake Paul Makes History with $39 Million Ranch Purchase in GeorgiaYouTube sensation and occasional professional boxer, Jake Paul, has made headlines by finalizing one of the largest real estate transactions in Georgia`s history. In a remarkable move, Paul...