The future of housing is positive because of several fundamental reasons. While the US economy is officially in a recession, this recession is very different. This Recession is Different How do you define a recession? When you have 2 consecutive quarters of negative economic growth you’re in a recession. This one, however, is different. Begin… Read more »
Posts Tagged: Bergen County Homes
Bergen County luxury homes are flying. They are selling in substantially greater numbers than they have for the past several years. This is because of Covid 19 as well as the high cost of living, dense population and quality of life in cities. Let’s take a look at a few areas comparing 2019 to 2020… Read more »
To do a current Bergen County market update, I have to go back 30 days. If you look at what I wrote about the market on March 25th, you’ll see that we were holding our own. The data from the New Jersey MLS was nearly identical comparing 2020 to 2019. While this was true, I… Read more »
Here is the Bergen County Real Estate Market Update as of March 25th. I’ll begin with the basics below. Next is how things changed in early March, data from the New Jersey MLS, what it tells us and how Weichert and I have approached things for decades. Basic Market Behavior Currently People are… Read more »
How’s Real Estate in Bergen County so far this year? Let’s take a good look. Using NJMLS Data Correctly We are at the start of a new year. As a result, it’s necessary to look at the market data from a different perspective. This is because January and February closings originated last year with rare… Read more »
How much can you can negotiate on a house depends on the market as well as the house. I can tell you this though – it’s not as much as you think. It’s easy to find endless articles on the web telling you what to do. While those so called experts are advising you, they… Read more »
One word explains 2019 – stable. Bergen County overall had 3% more sales (6,921 to 7,121 or +4,264) with 7/10 of 1% appreciation. 2020 should be more of the same.
It’s May 15th at 10 pm and I just took a look at the New Jersey MLS figures. What I found is that Bergen County real estate is soaring. Bergen County Real Estate Right now there are 2,993 single family homes for sale and 1,531 under contract in the entire NJMLS. That’s an astounding 2… Read more »
Bergen County real estate is important. This is the largest county in New Jersey with 948,000+ people and we are one of the most affluent counties in the US. What happens here influences everyone in the NYC metropolitan area. The Bergen County housing market reflects the Tri-State economy and outlook. So let’s take a look… Read more »
Which town is right for you is a question for almost all home buyers. Here’s how you find the answer.