NCJAR News
U.S. existing-home sales recently fell from a one-year high, dropping 4.3% month- over-month to a seasonally adjusted annual rate of 4.19 million, according to the National Association of REALTORS® (NAR), as higher interest rates and rising sales prices continue to keep some prospective buyers on the sidelines. Average 30-year mortgage rates have topped 7% in recent weeks, while the median existing-home sales price hit $393,500 as of last measure, a 4.8% increase from the previous month, according to NAR.
- Single Family Closed Sales were up 6.7 percent to 1,331.
- Townhouse-Condo Closed Sales were up 14.2 percent to 362.
- Adult Communities Closed Sales remained flat at 47.
Please note that in observance of the upcoming holiday, NCJAR board offices will have modified hours.
We will close early at 12:00 PM on Friday, May 24, 2024, and remain closed on Monday, May 27, 2024.
Regular business hours will resume on Tuesday, May 28, 2024, from 9:00 AM to 4:30 PM.
We wish everyone a Happy and Safe Holiday Weekend!
On Tuesday, May 21, 2024, the North Central Jersey Association of Realtors®️ (NCJAR) held a highly anticipated mayoral meet and greet at The MC Hotel in Montclair, NJ. The event aimed to strengthen the bonds and foster collaborative efforts between the real estate community and local municipal administrations.
The event was spearheaded by NCJAR 2024 President Christopher Coccia, alongside Government Affairs Chairperson Melissa Florance-Lynch, the committee, and several NCJAR Trustees. They welcomed a distinguished lineup of local leaders, including:
- Jack McEvoy, Verona Deputy Mayor
- Dr. Renee Baskerville, Montclair Mayor-Elect
- Robert H. Conley, Madison Mayor
- Lou D'Angelo, Totowa Boro Council President
- Melody Scott, East Orange Councilwoman
- Ron Arnau, Woodland Park Councilman
- Andre Sayegh, Paterson Mayor
- Anna Maria Sasso, Hawthorne Councilwoman
Let’s give a Warm welcome to NJCAR’s newest affiliate member, Raina Yurchak, Business Development Executive, of Real Safe Title.
We are a company dedicated to creating exceptional settlement experiences for our customers through the passionate delivery of truly remarkable service. RealSafe Title is built on a tradition of excellence and guided by a spirit of integrity throughout all aspects of the closing process. As your title and closing provider, we want to assure satisfaction for everyone involved in the transaction, whether you are a buyer, seller, agent or lender.
Contact Info
Raina Yurchak
Real Safe Title
Business Development Executive
