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…
Posts Tagged: #tapering
Omicron And Real Estate
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…