Bergen County Real Estate Market Update March 25th

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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 listing homes People are buying homes Rentals are moving at a good clip Drive By…

Bergen County Real Estate – A First Quarter Report

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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 at our first quarter real estate market. Home Prices Are Moderately Higher Comparing the 1st…

Bergen County Real Estate -1st Quarter 2018

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Bergen County Real Estate – 1st Quarter 2018 We are through the 1st quarter of the year so it’s time to look at how Bergen County real estate is doing.  We are doing very well indeed.  Looking at Bergen County as a whole, there should be no surprise to see sales are down.  This is due to a lack of homes for sale and not demand.  This has been a…

Bergen County Homes March 1, 2018

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Bergen County Homes For Sale Bergen County homes for sale is something I track as well as Bergen County closings.  It’s important to look at both as well as homes going under contract.   Timing is important too. House sales for the first quarter of any year tell us more about the year before than anything else.  While everyone wants to know what’s sold, sales then come from contracts written months…