NCJAR News
French immigration to America has a rich history, dating back to the early days of colonization. Today, French influence can be seen in every aspect of American culture, including real estate.
French immigration to America began in the 16th century, with the arrival of French explorers and traders. It wasn't until the 17th and 18th centuries, however, that French immigration to America saw a significant increase. During this time, French Huguenots, seeking religious freedom, settled in the colonies. Many of these immigrants were skilled artisans, such as weavers and leatherworkers, who played an important role in the development of early American industry. French immigration to America continued to increase during the 19th century, with large numbers of French Canadians settling in the Northeast and Midwest.
Existing-home sales slid for the second consecutive month, falling 3.4% nationwide as of last measure, according to the National Association of REALTORS® (NAR), as higher interest rates continue to impact buyer affordability. Sales are down 23% compared to the same period a year ago, while contract signings dropped 20.3% year-over-year. With sales cooling, buyers in some parts of the country have found relief in the form of declining sales prices, which are down 1.7% year-over-year nationally, although more affordable markets continue to see price gains.
On Saturday, June 24, 2023, NCJAR hosted their second annual housing fair at the Metropolitan Baptist Church in Newark, New Jersey. Approximately 300+ people attended the event to learn about empowering themselves and their families through homeownership. NCJAR staff was joined by nearly thirty local realtor volunteers in providing valuable education to turn renters into homeowners. The event was a one-stop shop for all things related to homeownership.
The housing fair featured several sessions that provided attendees with information on credit repair, first time homebuyer programs, and the comparison between renting and buying in the state of New Jersey. Attendees were also able to visit multiple vendors ranging from governmental assistance to septic tank services to real estate lawyers.
The North Central Jersey Association of Realtors (NCJAR) is proud to recognize and celebrate French-American Heritage Month, which takes place during the month of July.
French-Americans have a long history in the United States, with many making significant contributions to American culture, business and industry - including real estate. NCJAR recognizes the importance of French-Americans in the real estate industry and wants to highlight their accomplishments.