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I thought I should do a data driven real estate market analysis for you.  My previous article, The 2022 Real Estate Market for  Bergen County Homes, was done in a narrative format.  Because of this, I thought those of you who are data driven would appreciate a statistical approach to analyzing the market. Nothing has changed since I wrote my market analysis article on January 6th.  The Senate held confirmation…

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Winter sports in Bergen County NJ are alive and well.  Bergen County has a County run ski center and uses its park system for other winter sports as well.  Additionally, we have private facilities too. While I did mention some of this in a previous article recently, I thought it makes sense to put it all together now.  We have a lot to offer during the winter for outdoor fun. …

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The 2022 real estate market for Bergen County homes will be unique.  This is because in some ways it’s going to be like 2021 and in others, not at all. This blog has given you a statistical breakdown of the market every January.  It seemed to me, however, that this year required a different approach.  Hopefully this take on the 2022 real estate market for Bergen County homes answers all…

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Winter is back.  It’s cold here in Bergen County.  The sky is gray with clouds and snow is on it’s way.  This is exactly what you’d expect because it’s the first week of January. Since the weather has now turned cold, outdoor activities are greatly reduced.  A great exception is the Tenafly Nature Center and another is Campgaw Mountain.  Ice skating lessons are available at Van Saun Park too.  While…

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The Fed Move Today We have low rates now but not for long.  This is because the Fed is going to begin an aggressive tapering next year.  So while they’ve kept rates low today, rates will surely rise next year.  Chairman Powell said that he expects 3 rate hikes next year.  Inflation is now seen as persistent and as a serious threat to the economy.  This is why the Fed…

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It’s the week before Christmas and the holiday is in full swing.  Online buying doesn’t stop the annual frenzy at Bergen County’s famous shopping malls along Routes 4 and 17 in Paramus.  Drive by during the week and on weekends.  Parking lots are full of holiday shoppers.  You’ll find glorious musical services at churches throughout Bergen County.  Bakeries showcase Christmas cookies and Yule Logs.  Its the week before Christmas with…

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Emerging trends for Bergen County homes confirms my earlier suspicions.  While nothing major is happening, it’s  becoming more and more apparent that the market has shifted. To understand what’s happening, let’s go back to what I have in a previous article and look at market data.  I’m going to use 2019 comparative dat because it’s the last normal market we’ve had. The Fed and Rates In a recent article  I…

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Model trains, cookies, musicals and nature are all comin,g up this week.  Hanukkah has just ended so the Christmas season is now in high gear. Here’s what’s happening: 2 musical plays, 2 model train shows, 3 Tenafly Nature Center events, 1 Home Made Cookie Event Since this is the Christmas season, many churches have special musical services now.  Everyone is welcome so make sure you check on this.  I know that the…

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Omicron wasn’t an issue when I last wrote about the real estate market 2 weeks ago.  How it will affect the economy and correspondingly real estate is an unknown. Omicron and the Real Estate Market If you’ve been reading my blog, then you know how resilient residential real estate is.  Rock bottom interest rates combined with urban flight combined to fuel what already was a very strong market for Bergen…

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The holidays are here in Bergen County.  We’ve closed out Thanksgiving Weekend and Hanukkah has just begun.  As we move into December, the calendar fills up with holiday events. We have coming up this week several live theater productions, Les Paul, a musical tree lighting and more.  While some dates overlap, you should be able to get what you need in.  Because they do, you can take them all in. …