Emerging Trends for Bergen County Homes

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

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…

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…