NCJAR News
Are you a New Jersey realtor aiming for excellence?
Here's your chance to earn units towards the prestigious NJ Realtors® Circle of Excellence Sales Award®. It all starts with a minimum $100 contribution to RPAC.
Key Details:
- RPAC Contribution: Invest $100 in RPAC to begin your journey.
- Deadline: Submit your contribution to your local board/association by October 2, 2023.
Why Contribute to RPAC?
Join us for the most exciting event of the year - REALTOR®-Palooza 2023!
Date: Friday, September 22, 2023 ? Time: 8:30 AM - 3:00 PM EST
Location: New Jersey REALTORS® Headquarters 10 Hamilton Avenue, Trenton, NJ 08611
Get ready for a day filled with fun, learning, and networking as we celebrate our incredible members.
Here's what you can look forward to:
Affordability constraints have continued to limit homebuying activity this summer, with existing-home sales falling 3.3% month-over-month nationwide as of last measure, according to the National Association of REALTORS® (NAR). Mortgage rates have approached 7% in recent months, leading many prospective buyers to put their home purchase plans temporarily on hold. But higher rates have also kept many existing homeowners from listing their homes for fear of giving up the low-rate mortgages they locked in a few years ago, when rates were significantly lower.
- Single Family Closed Sales were down 29.3 percent to 1,754.
- Townhouse-Condo Closed Sales were down 23.3 percent to 417.
- Adult Communities Closed Sales were down 15.0 percent to 51.