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New Jersey Housing & Real Estate Market Trends for 2023

New Jersey Housing & Real Estate Market Trends for 2023 | Commercial and Property Management | Scoop.it

In spite of the difficulties encountered by the US housing market, stability characterizes the housing market in New Jersey. As revealed in the January 2023 report by NJ REALTORS®, there was a reduction in finalized sales in all property categories. Single Family Closed Sales dropped by 35.0%, Townhouse-Condo Closed Sales declined by 39.6%, and Adult

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If the Economy Is Going Downhill, Why Aren’t Home Prices?

Although nearly 40 million people have lost their jobs since the start of the coronavirus pandemic, the real estate market has yet to experience much of a drop. 

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