Housing Market Forecast

Important Notice: Protecting Your Information

It has come to our attention that some members have recently received unsolicited emails offering to sell a list of NCJAR member contact information.

Please be advised:

NCJAR does not sell, share, or distribute our members' contact information. This solicitation is unauthorized, fraudulent, and in direct violation of NCJAR's Privacy Policy, which can be reviewed here: NCJAR Privacy Policy.

The email in question may appear to reference our association and offer personal member information for sale. We strongly advise that you do not click on any links, respond to the sender, or make any purchases.

Key Points:

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2025 REALTORS® Care Day - Applications Now Open!

DEADLINE TO SUBMIT APPLICATION: JUNE 16, 2025

Attention REALTORS®! It's that time again — time to give back to the community with REALTORS® Care Day 2025! NCJAR is excited to announce that applications are now open for this year’s event, and we’re ready to lend a helping hand to homeowners who could use a little TLC. Whether it’s a neighbor, a past client, or even yourself, this is a great opportunity to make a positive impact in your local community.

What We’re Helping With:

• Minor non-structural improvements

• General yard and site clean-up

• Gutter repair or cleaning

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March 2025 Market Stats

U.S. existing-home sales rebounded from the previous month, rising 4.2% to a seasonally adjusted annual rate of 4.26 million units, according to the National Association of REALTORS® (NAR). Economists polled by Reuters had forecast sales would fall to a rate of 3.95 million for the month. Purchase activity increased in the South and the West but decreased in the Northeast, while sales in the Midwest remained unchanged from one month earlier.

• Single Family Closed Sales were down 0.8 percent to 1,071.
• Townhouse-Condo Closed Sales were up 13.4 percent to 331.
• Adult Communities Closed Sales were down 38.8 percent to 30.

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New Consumer Guide: Overcoming Barriers to Homeownership

Buying a home is one of the most exciting—and significant—financial decisions you'll ever make. Whether you’re just starting to save for a down payment or working through other financial challenges, partnering with a REALTOR® can make the journey smoother and more successful. At NCJAR, we’re here to empower you with the information and resources you need to navigate the process with confidence.

🎥 [Watch this video] and 📖 [read this article] to see how REALTORS® help buyers just like you!

Am I Financially Ready to Buy a Home?

Before diving into the housing market, it’s important to assess your financial picture. Start by reviewing:

• Your income and monthly expenses

• Outstanding debt and credit score

• Savings for a down payment and closing costs

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NCJAR Celebrates Bill Flagg's Generosity and Commitment to Fair Housing!

GMM Habitat for Humanity had the honor of welcoming Bill Flagg, GMM Habitat Board Member, real estate professional, and past president of NCJAR, to their offices. Bill’s visit was to present a generous $5,000 donation to Liz DeCoursey, Morris Habitat CEO, to further support the mission of Greater Middlesex & Morris Habitat for Humanity.

Bill, recently honored with the prestigious Fair Housing Champion Award from Realtor.com, is no stranger to dedication in advocating for fair and equitable housing. His award was not just a recognition of his exceptional work in the real estate industry, but a reflection of his relentless commitment to creating opportunities for homeownership. In a gesture that speaks to his generosity, Bill chose to donate the prize from this award to Greater Middlesex & Morris Habitat for Humanity, further solidifying his role as an advocate for change and access to housing.

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