NCJAR News
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.
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:
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Your income and monthly expenses
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Outstanding debt and credit score
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Savings for a down payment and closing costs
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.
Bill Flagg, Past President, 2025 NCJAR Trustee, and NAR 2025 Fair Housing Champion Award shares important updates with NCJAR members. He highlights the significance of Fair Housing Month, reminds members to complete their NJ Real Estate Commission continuing education credits by April 30th, and announces the opening of the NCJAR scholarship for graduating high schoolers. Bill also encourages members to take advantage of the NCJAR Board Store blowout sale and welcomes Galileo Shea from Moving of America as a new business partner. He concludes by thanking members for their dedication and encourages continued collaboration for a successful year.
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