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NJ Realtors: Sales Cool, Prices Remain Hot for Fall – InsiderNJ

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Sales Cool, Prices Remain Hot for Fall

Trenton, NJ (Oct. 25, 2021)—High prices and low inventory have continued to cool sales throughout New Jersey. While New Jersey saw a slight decline in closed sales the past few months, overall sales are up 13.6 percent since the start of the year.

“For the past two years, the housing market has been an anomaly for a number of reasons,” said 2021 NJ Realtors President Jeff Jones. “The return to a more balanced market after almost a full two years of this competitive, in-demand atmosphere will be slower than potential buyers want and, likely, faster than those on the fence to sell will expect.”

Single family closed sales were down 17.5 percent in September 2021, to 7,756. Townhouse-condo closed sales were down 8.1 percent to 2,479, and adult community homes followed suit with a decrease of 14.4 percent to 729. Yet despite fewer sales, median sales price increased again across all categories in September. The single family median sales price increased 7.3 percent to $440,000; the townhouse-condo median sales price increased 5.1 percent to $310,000; and adult communities median sales price increased 26.4 percent to $303,330.

While listings are down year-over-year, the year-to-date new listings for all markets is down just 1.2 percent over the same period last year, which points to the market making up ground this fall, when new listings are typically lower.  

The number of single family homes for sale remains low, but is still above the historical low of this past winter, which had the lowest number of homes for sale in over a decade, if not more. In September, there were 18,863 single family homes for sale throughout the state, representing a 26.1 percent decrease, which is typical of the decreases of the past three months.

Increasing inventory will be key to moderating prices, relaxing buyer competition, and opening the market back up. Many buyers have either been forced out due to affordability and not finding what they want leading them to wait. In a recent survey to 63,000 New Jersey Realtors, a majority of members see inventory as a very serious or serious problem, but with less intensity than when surveyed this past spring. Similarly, members surveyed said clients are not finding what they want within their price range, with just 41 percent reporting their clients are currently satisfied with the options in their price range.

If you know a potential first time homebuyer that is struggling to enter the market, have them visit newjersey.realestate/keys to register for a free virtual seminar to help potential first-time home buyers become homeowners. The seminar is this Thursday, Oct. 28 at 6:30 p.m. and all attendees will be entered to win a $250 gift card.

For the full market reports on the state and county level visit njrealtor.com/data.

New Jersey Realtors is the voice of real estate for New Jersey. It is a non-profit organization serving the professional needs of more than 63,000 Realtor and Realtor-Associate members engaged in all facets of the real estate business. In addition to serving the professional needs of its members, NJ Realtors is dedicated to enhancing the ability of its members to conduct their business successfully while maintaining the preservation of private property rights. Realtor is a registered collective membership mark, which may be used only by real estate professionals who subscribe to the Realtor organization’s strict Code of Ethics and are members of the national, state and local Realtor organizations. For more information, visit njrealtor.com.

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Monmouth County NJ average home sold for a higher price than last year – Asbury Park Press

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The median sales price for a single-family home in Monmouth County during July was $545,000. That’s an increase of 17.2% compared with July 2020, according to data from Realtor.com.

The number of houses sold fell by 14.1% from a year earlier. A total of 645 houses were sold county-wide during the month of July. During the same period a year earlier, 751 single-family homes were sold.

Real estate sales can take weeks or months to be recorded and collected. This is the latest data made available through Realtor.com to the USA TODAY Network.

Homes in Ocean:How is Ocean County’s real estate market? Home prices rose over year

Condominiums and town homes sold in July had a median sales price of $335,000. That figure represents a 8.8% increase year-over-year. In Monmouth County, 93 were sold, down 7.9% from a year earlier.

Bungalows to mansions:5 Monmouth County ZIP codes with the biggest surge in home prices

How hot is Monmouth County’s real estate market in New Jersey?

Information on your local housing markets is available through the USA TODAY Network, with more data from Realtor.com.

‘You get more space’:25 NJ ZIP codes with biggest home price increases since pandemic

The top 10% of the properties sold had prices of at least $1,150,000, up 15.1% from a year before.

In July, 83 properties sold for $1 million or more: 78 single-family homes, two condominiums or townhomes and three other properties.

It’s a struggle:How first-time buyers survived months of house-hunting in NJ’s frenzied real estate market

The median home sale price — the midway point of all the houses or units sold over a period of time — is used in this report instead of the average home sale price because experts say the median offers a more accurate view of what’s happening in a market. In finding the average price, all prices of homes sold are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. The story was written by Sean Lahman.

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How is Ocean County’s real estate market? Home prices rose over year – Asbury Park Press

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The median sales price for a single-family home in Ocean County during July was $382,100. That’s an increase of 16.1% compared with July 2020, according to data from Realtor.com.

The number of houses sold rose by 10.4% from a year earlier. A total of 1,319 houses were sold county-wide during the month of July. During the same period a year earlier, 1,195 single-family homes were sold.

Real estate sales can take weeks or months to be recorded and collected. This is the latest data made available through Realtor.com to the USA TODAY Network.

Homes in Monmouth:How is Monmouth County’s real estate market? Home prices rose over year

Condominiums and town homes sold in July had a median sales price of $235,000. That figure represents a 23.7% increase year-over-year. In Ocean County, 176 were sold, down 15% from a year earlier.

A 30% jump:Here are the six Ocean County ZIP codes with biggest surge in home prices

How hot is Ocean County’s real estate market in New Jersey?

Information on your local housing markets is available through the USA TODAY Network, with more data from Realtor.com.

‘You get more space’:25 NJ ZIP codes with biggest home price increases since pandemic

The top 10% of the properties sold had prices of at least $732,500, up 7.7% from a year before.

In July, 71 properties sold for $1 million or more: 66 single-family homes, one condominium or townhome and four other properties.

Pricey purchases:Jersey Shore waterfront home prices, driven by pandemic, launch ‘into crazyland’

The median home sale price — the midway point of all the houses or units sold over a period of time — is used in this report instead of the average home sale price because experts say the median offers a more accurate view of what’s happening in a market. In finding the average price, all prices of homes sold are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. The story was written by Sean Lahman.

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How is Monmouth County’s real estate market? Home prices rose over year – Asbury Park Press

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gda average home prices 20211119 img

The median sales price for a single-family home in Monmouth County during July was $545,000. That’s an increase of 17.2% compared with July 2020, according to data from Realtor.com.

The number of houses sold fell by 14.1% from a year earlier. A total of 645 houses were sold county-wide during the month of July. During the same period a year earlier, 751 single-family homes were sold.

Real estate sales can take weeks or months to be recorded and collected. This is the latest data made available through Realtor.com to the USA TODAY Network.

Homes in Ocean:How is Ocean County’s real estate market? Home prices rose over year

Condominiums and town homes sold in July had a median sales price of $335,000. That figure represents a 8.8% increase year-over-year. In Monmouth County, 93 were sold, down 7.9% from a year earlier.

Bungalows to mansions:5 Monmouth County ZIP codes with the biggest surge in home prices

How hot is Monmouth County’s real estate market in New Jersey?

Information on your local housing markets is available through the USA TODAY Network, with more data from Realtor.com.

‘You get more space’:25 NJ ZIP codes with biggest home price increases since pandemic

The top 10% of the properties sold had prices of at least $1,150,000, up 15.1% from a year before.

In July, 83 properties sold for $1 million or more: 78 single-family homes, two condominiums or townhomes and three other properties.

It’s a struggle:How first-time buyers survived months of house-hunting in NJ’s frenzied real estate market

The median home sale price — the midway point of all the houses or units sold over a period of time — is used in this report instead of the average home sale price because experts say the median offers a more accurate view of what’s happening in a market. In finding the average price, all prices of homes sold are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. The story was written by Sean Lahman.

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Demand Continues to Outstrip Supply for U.S. Real Estate – Mansion Global

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Low supply and high demand continued to define the U.S. housing market in the week ending Saturday, as buyers race to make deals before interest rates rise. 

The median listing price of a home rose 12.8% annually last week, according to a report Thursday from Realtor.com. Price growth fell to single-digit levels in the fall, but has been above 10% for nine consecutive weeks. 

At the same time, inventory was down 26% year over year, the report said. And properties are still selling fast—the average home spent 13 days fewer on the market than the same time last year. 

“From accelerating home prices to declining time on market, last week’s housing data reflect rising competition for limited available inventory,” Danielle Hale, Realtor.com’s chief economist, said in the report. 

Historically low mortgage rates have spurred many buyers to buy houses during the Covid-19 pandemic, she continued. Now, with rates back to pre-pandemic levels, buyers are hoping to get ahead of future increases. 

“Recent housing trends suggest some buyers are feeling like time is running out to lock in relatively affordable monthly payments,” Ms. Hale continued. 

Meanwhile, new listings were down 3% year over year, the data showed. That’s an improvement compared to the beginning of the year, when new listings had fallen by 15%.

Mansion Global is owned by Dow Jones. Both Dow Jones and Realtor.com are owned by News Corp.


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How hot is the real estate market in North Jersey? Here’s how it compares to 2021 – NorthJersey.com

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The median sales price for a single-family home in Bergen County during January was $590,000. That’s an increase of 4.4% compared with January 2021, according to a USA TODAY Network localized analysis generated with data from Realtor.com.

On a year-over-year basis, prices have been rising for 17 consecutive months. January prices are down from $600,000 the previous month.

The number of houses sold rose by 19.1% from a year earlier. A total of 1,004 houses were sold countywide during the month of January. During the same period a year earlier, 843 single-family homes were sold.

Real Estate:A wave of reassessments is giving homeowners sticker shock. Why there’s no need to panic

Bids $500K over, half-hour decisions: The highly competitive North Jersey housing market

  • Passaic County‘s median sales price for a single-family home was $435,000, up 7.7% from a year earlier. Prices have been rising for 18 consecutive months on a year-over-year basis. Some 417 houses were sold in January, down 10.9% from a year earlier.
  • Hudson County‘s median sales price for a single-family home was $585,000, up 8.5% from a year earlier. Prices have been rising for 13 consecutive months on a year-over-year basis. Some 307 houses were sold in January, up 79.5% from a year earlier.
  • Essex County‘s median sales price for a single-family home was $500,000, up 6.4% from a year earlier. Prices have been rising for three consecutive months on a year-over-year basis. Some 504 houses were sold in January, down 23.1% from a year earlier.

Real estate sales can take weeks or months to be recorded and collected. This is the latest data made available through Realtor.com to the USA TODAY Network.

Bergen County condominiums and townhomes sold in January had a median sales price of $415,000. That figure represents a 12.2% increase year over year. Some 268 were sold, up 24.6% from a year earlier.

How hot is North Jersey’s real estate market?

Information on your local housing markets is available through the USA TODAY Network, with more data from Realtor.com.

In Bergen County the top 10% of the properties sold had prices of at least $1,050,000, up 7.1% from a year before.

In January, 137 properties sold for at least $1 million, consisting of 114 single-family homes, 11 condominiums or townhomes and 12 other properties.

  • In Passaic County the top 10% of the properties sold had prices of at least $643,000, up 3.7% from a year before.
  • In Hudson County the top 10% of the properties sold had prices of at least $1,110,000, down 3.5% from a year before.
  • In Essex County the top 10% of the properties sold had prices of at least $969,000, up 2% from a year before.

The median home sale price — the midway point of all the houses or units sold over a period of time — is used in this report instead of the average home sale price because experts say the median offers a more accurate view of what’s happening in a market. In finding the average price, all prices of homes sold are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Localized versions are generated for communities where the data quality and transaction volume meets Realtor.com and USA TODAY Network standards. The story was written by Sean Lahman.

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How hot is the real estate market? Prices rise to $270K in Camden … – Courier Post

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The median sales price for a single-family home in Camden County during January was $270,000. That’s an increase of 14.9% compared with January 2021, according to a USA TODAY Network localized analysis generated with data from Realtor.com.

On a year-over-year basis, prices have been rising for 23 consecutive months. January prices are up from $262,500 the previous month.

The number of houses sold rose by 57% from a year earlier. A total of 793 houses were sold countywide during the month of January. During the same period a year earlier, 505 single-family homes were sold.

Housing Market:Realtor explains NJ housing market boom and the high demand for resale real estate

Gloucester County:Glassboro planners sign off on five-building apartment complex

Gloucester County’s median sales price for a single-family home was $266,000, up 9.7% from a year earlier. Prices have been rising for 19 consecutive months on a year-over-year basis. Some 414 houses were sold in January, down 15.7% from a year earlier.

Real estate sales can take weeks or months to be recorded and collected. This is the latest data made available through Realtor.com to the USA TODAY Network.

Camden County condominiums and townhomes sold in January had a median sales price of $184,500. That figure represents a 19.8% increase year over year. Some 75 were sold, up 25% from a year earlier.

How hot is Camden and Gloucester counties’ real estate market in New Jersey?

Information on your local housing markets is available through the USA TODAY Network, with more data from Realtor.com.

In Camden County the top 10% of the properties sold had prices of at least $430,000, up 8.9% from a year before.

In January, two properties sold for at least $1 million, consisting of two single-family homes.

In Gloucester County the top 10% of the properties sold had prices of at least $470,000, up 11.7% from a year before.

The median home sale price — the midway point of all the houses or units sold over a period of time — is used in this report instead of the average home sale price because experts say the median offers a more accurate view of what’s happening in a market. In finding the average price, all prices of homes sold are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Localized versions are generated for communities where the data quality and transaction volume meets Realtor.com and USA TODAY Network standards. The story was written by Sean Lahman.

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How hot is the real estate market? Prices rise to $270K in Camden, $266K in Gloucester – Courier Post

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B9317846721Z.1 20150624124037 000 GBMB5T771.1 0

The median sales price for a single-family home in Camden County during January was $270,000. That’s an increase of 14.9% compared with January 2021, according to a USA TODAY Network localized analysis generated with data from Realtor.com.

On a year-over-year basis, prices have been rising for 23 consecutive months. January prices are up from $262,500 the previous month.

The number of houses sold rose by 57% from a year earlier. A total of 793 houses were sold countywide during the month of January. During the same period a year earlier, 505 single-family homes were sold.

Housing Market:Realtor explains NJ housing market boom and the high demand for resale real estate

Gloucester County:Glassboro planners sign off on five-building apartment complex

Gloucester County’s median sales price for a single-family home was $266,000, up 9.7% from a year earlier. Prices have been rising for 19 consecutive months on a year-over-year basis. Some 414 houses were sold in January, down 15.7% from a year earlier.

Real estate sales can take weeks or months to be recorded and collected. This is the latest data made available through Realtor.com to the USA TODAY Network.

Camden County condominiums and townhomes sold in January had a median sales price of $184,500. That figure represents a 19.8% increase year over year. Some 75 were sold, up 25% from a year earlier.

How hot is Camden and Gloucester counties’ real estate market in New Jersey?

Information on your local housing markets is available through the USA TODAY Network, with more data from Realtor.com.

In Camden County the top 10% of the properties sold had prices of at least $430,000, up 8.9% from a year before.

In January, two properties sold for at least $1 million, consisting of two single-family homes.

In Gloucester County the top 10% of the properties sold had prices of at least $470,000, up 11.7% from a year before.

The median home sale price — the midway point of all the houses or units sold over a period of time — is used in this report instead of the average home sale price because experts say the median offers a more accurate view of what’s happening in a market. In finding the average price, all prices of homes sold are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Localized versions are generated for communities where the data quality and transaction volume meets Realtor.com and USA TODAY Network standards. The story was written by Sean Lahman.

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New Study Finds Seller’s Market May Shift in 2021 – RealtyBizNews

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The phrase “record breaking” is everywhere at the moment, from major companies reporting record-breaking returns to market experts who predict a record-breaking post-pandemic economic boom. 

Although the housing market took a record-breaking nosedive in 2020, there’s light on the horizon as the U.S. inches its way toward recovery.    

What does that mean for the housing market in 2021? It’s a strong seller’s market right now, but will it remain that way, or will we see a shift to a buyer’s market later this year? 

One year into the pandemic

A recent report that surveyed 1,000 Americans one year into the pandemic suggests not everything is necessarily rosy on the housing market homefront, particularly for buyers. The market may shift as economic recovery moves forward but slowly. 

Some key findings include:

  • 43% of homeowners had plans to sell their home in 2020 or 2021 — but 65% delayed selling or decided not to sell altogether
  • Only 10% of homeowners sold their home as planned
  • 77% of these homeowners will list their home sometime in 2021, suggesting a rise in inventory and a potential shift from a seller’s market
  • 69% of Americans believe it’s currently a good time to purchase a home

To understand what’s influencing the 2021 market, let’s examine some key factors. 

Home prices have risen

At the beginning of 2021, median home prices were up 10% across most of the nation, the fastest rising pace since 2006, fueled by low mortgage rates and high demand.  Home prices are expected to continue to climb throughout 2021, as much as 5-8%

Great news for homeowners in terms of increased home equity (an average gain of $26,300 per homeowner), not great for affordability, particularly for first-time homebuyers who typically look to buy at the lower end of the market, where current inventory is the most limited. 

Prices for new home construction are also up (21%) as home builders raised their prices due to demand and soaring costs of materials coupled with supply chain issues. Currently, more than 75 million households cannot afford a median-priced new home, and more than 21 million U.S. households cannot afford a $100,000 home, squeezing out a significant portion of potential homebuyers for now. 

Those who can afford to buy homes in 2021 are high-earners and millennials, who made up the largest share of home buyers at 38%.

First-time homebuyers will need more money than ever to get their foot in the door of a new home. The median household income for first-time homebuyers in 2020 was $80,000, compared to about $68,000 in 2019. 

Mortgage rates are low … for now

Record-low mortgage rates have hovered below 3% for a 30-year fixed-rate mortgage since October 2020, which is good for buyers. Consumer income and spending is picking up thanks in part to widespread vaccination against COVID-19 and government stimulus and recovery spending plans. 

But some experts warn these low rates won’t last, and mortgage rates will rise as the economy heats up and more people get back to work. Other factors such as inflation and Federal Reserve policies will impact mortgage rates as well. 

Some economists are predicting mortgage rates to stay in the low 3% during the first half of the year but think it’s possible they could rise as high as 3.4% by the end of 2021. 

It’s a great time for investors with property to sell to take advantage of the favorable market and low mortgage rates, especially if they’re hoping to use the sale to purchase additional investment property. It’s a smart idea to be mindful of the ins and outs of a 1031 exchange and what your options are regarding tax on capital gains. 

Inventory is at a record low

Buyers have little to choose from as the number of homes listed for sale is down 22% compared to last year, and homes are staying on the market just 21 days on average.  

Fewer homes came on the market this past January and February to replenish supply, creating one of the worst housing supply shortages in recent memory. The current housing boom is a double-edged sword: Homeowners are wealthier thanks to skyrocketing home prices, but millions who were hoping to buy this year have been shut out by skyrocketing home prices. Some forecasts predict the rental market will remain hot, with families forced out of the market choosing to rent versus buy until the market cools. 

Other families are opting to stay put instead of moving and are instead using their budget to renovate the home they have. Dedicated spaces for remote work and school are at the top of the list, as is creating more usable, outdoor living space. 

In some parts of the country, homes are flying off the market in a matter of hours not days, often after a bidding war and for significantly over asking price. Advice for buyers? Make the strongest above-ask offer you can make, cash if possible, and free of seller concessions or other contingencies.

Of the 43% of homeowners who said they planned to sell their home in 2020 or 2021, 65% of them delayed or decided not to sell altogether. Of those sellers, 77% say they plan to sell sometime in 2021. This rise in inventory may help to alleviate the shortage, but it’s more likely to be a slow slog to the end of 2021, rather than a flood in the market. 

The inventory crunch might see a bump in an unfortunate way, as more than a half-million homeowners are projected to face foreclosure in 2021, double the number from 2020. Once foreclosure and forbearance bans are lifted this summer, homeowners affected by job loss and lack of stable income may struggle to keep their homes. Home buyers or investors may be able to find deals on foreclosed homes but should be aware of what they’re buying.

Competition is fierce

As employees start to return to the office, many companies are adopting a hybrid home-office solution, meaning working from home, at least part of the time, is here to stay. 

People desperate to get into larger homes are facing monster bidding wars. Some 64% of buyers actively looking for a home in early 2021 said they weren’t able to buy because they continually lost to buyers with better offers. 

More than half the homes for sale are going under contract in less than two weeks of listing, often at well over the asking price. 

Will we see a buyer’s market in 2021?

Elevated home prices and low inventory, stiff competition and slashed mortgage rates mean it’s still a seller’s market and likely to remain so for much of 2021

But a seller’s market with a caveat. Sellers should be aware that the market may cool when mortgage rates rise and more inventory from those delayed 2020 sales makes its way into the market. Affordability will remain a problem for many who are still reeling from pandemic turmoil, shrinking the buyer pool.  Until the housing supply increases, young, first-time buyers are limited in what they can afford to buy. 

But Americans are optimistic about economic recovery, though most believe it won’t fully happen until 2022 or later. Job growth is on the rise, and unemployment fell to 6.0% in March 2021. Recovery may be slow, but it’s a step forward, regardless of whether you’re buying or selling.

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NJ housing guide: Everything to know if you’re looking to buy or sell a home in North Jersey – NorthJersey.com

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It’s been a wild year in the real estate market. The coronavirus changed what buyers are looking for, with many of us shifting to work from home.

The demand for space supercharged North Jersey housing sales as people flocked from cramped city apartments to the (relatively) wide-open ‘burbs. Low interest rates and low inventory – who wants strangers walking through your home in a pandemic? – added to the frenzy. 

While prices have shown some signs of leveling off this year, it’s still a seller’s market, with open houses mobbed and bidding wars in full force. Homeowners can count on multiple offers, with cash buyers waiting in the wings. 

To keep you up to date, here’s a compilation of our recent real estate coverage. It’ll be updated periodically, as the market is ever changing.

What to know if you’re buying or selling

Where’s the most expensive place to live in pricey New Jersey? Alpine, the tony northern Bergen County town, followed by several Jersey Shore enclaves, ranked among the priciest locations in the country in a recent survey. (This story is for subscribers only.)  

‘You get more space’: 25 New Jersey ZIP codes with the biggest home price increases during the pandemic. We crunched data in almost 600 ZIP codes statewide. (This story is for subscribers only.)  

After a year of feverish bidding and buying, North Jersey’s housing market is showing signs of leveling off. What buyers and sellers should know. (Subscriber-only.) 

A study from financial technology company SmartAsset says Passaic County is one of the top real-estate values in the state. 

Some buyers are waiving home inspections to get an edge in the hot housing market, but is it worth the risk? Here’s advice from real estate agents on when to play the card and how to protect yourself if you do.   

What New Jersey county gives you the biggest bang for your property-tax buck? The answer may surprise you. 

Where home prices are soaring: Market data shows some of the biggest increases in western areas like Morris and Sussex counties. With remote offices and hybrid work schedules more of an option, a longer commute is no longer a turnoff for some buyers.  

Looking to buy a house? North Jersey may soon see more properties on the market. The lifting of pandemic restrictions means sellers are more comfortable with listing their homes. This subscriber-only story follows one couple who were finally enticed to sell – with a starting price of almost $1 million. 

Tales of the spring real estate frenzy: Cash offers, bidding wars, foregone inspections. When it comes to winning a bidding war, cash is king. “There’s no room for negotiations,” one shopper told us. “You have to be willing to pull the trigger right away.”

Buyers are wooing sellers with ‘love letters.’ But are they legal? Realtors are taking a closer look at the practice, worried that the missives will convince owners to sell to people like them – and run afoul of fair housing laws.

What does $600k gets you in North Jersey’s overheated real estate market? Our reporter shopped four counties to find out. I was a buyer too! Here’s what worked for me. 

Bidding $130k over asking: Why the housing market is red hot in 2021. A tiny home in Parsippany received 31 offers. This subscriber-only article looks at factors driving the demand. 

Housing trends

Exterior photo including a swimming pool in the backyard of the $3.7 million mansion in Alpine that was purchased by Amit Modi, photographed on 03/14//21.

Jersey Coast Home Watch keeps an eye on your house while you’re gone. Home watch, a popular service in Florida, is growing rapidly in the northeast as well. Here’s a look at how it works. 

This Alpine mansion at $3.7 million showcases a real estate market for the rich. Big is back in vogue. The pandemic has prompted would-be home buyers to seek luxurious details in their abodes if they have the means. This story is for subscribers.

How the pandemic could change the direction of housing development in North Jersey. A tour for subscribers though the post-pandemic condo and apartment market, where builders are offering bigger units, shared workspace, touchless entries and other perks. This story is for subscribers.

Why these 10 towns are the hottest in NJ. These were the most popular towns for home sales in New Jersey last year. The list may surprise you.

Living and renovating

Michelle Amaducci of Succasunna dressed up her pink bathroom with polka dots.

COVID has disrupted supply chains from New Jersey contractor’s offices to manufacturers halfway around the world. That means you can expect to pay more and wait longer to remodel your home. A subscriber-only story.

In the New York suburbs, “home for the holidays” took on a new meaning for a new crop of arrivals.  As the coronavirus took hold, families asked themselves: Is it time to flee to the suburbs or somewhere even more remote? 

Want a hot tub? You’ll have to wait, say NJ retailers slammed by demand. Hot tub and pool sales soared as owners stuck at home looked for new diversions. 

Why retro pink bathrooms are popular in North Jersey. More than 70 years after pink bathrooms appeared on the scene, they are in vogue again. And North Jersey has plenty of them.

Mary Chao 趙 慶 華 covers the Asian community and real estate for NorthJersey.com. To get unlimited access to the latest news out of North Jersey, please subscribe or activate your digital account today.

Email: mchao@northjersey.com

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