Bergen County NJ Homes Report

Posted by & filed under Buying, For Sale or Rent, Selling.

It might seem early for a Bergen County NJ homes report since we’re only 60 days into 2021.  However the market has revealed itself already in several ways.  Let’s take a look at the following: 1.  New Listings 2.  Under Contract 3.  Fall Through Rate 4.  Absorption Rates   New Listings Bergen County NJ homes are not in good supply.  I thought 2020 was a problem because the inventory of…

Real Estate Is Not Slowing Down

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Real estate is not slowing down because a lot has changed fundamentally. New Jersey MLS We’ve had low inventory for quite a while.  Every year it gets worse.  2020 is is the worst ever.  Right now as I write to you, we have 1,910 single family homes on the market for sale.  While nearly 2,000 homes for sale might seem like a lot to you, it’s not.  It’s roughly half…