NCJAR News
U.S. existing-home sales declined 2.4 percent month-over-month as of last measure, according to the National Association of REALTORS® (NAR), reversing February’s sales gain of 14.5%. Fluctuations in mortgage interest rates have caused buyers to pullback, with pending sales dropping 5.2% month-over-month. Meanwhile, the median existing-home sales price declined for the second month in a row, falling 0.9% nationally from the same time last year, the largest year-over year decline since January 2012, according to NAR.
- Single Family Closed Sales were down 32.4 percent to 1,245.
- Townhouse-Condo Closed Sales were down 36.2 percent to 316.
- Adult Communities Closed Sales were down 6.0 percent to 47.
The National Association of Realtors Real Estate Investment Summit is the perfect opportunity for real estate investors to expand their skills and knowledge on a variety of topics. Participants will learn from industry experts in an immersive, interactive setting and gain insights into current trends, disruptions, strategies, best practices, investments and more.
Sponsored by NAR’s Center for REALTOR Financial Wellness and the Center for REALTOR Development, NAR’s Real Estate Investment Summit is a three-part virtual event that will cover valuable information for new and established agents. Attendees can expect to learn strategies for generating consistent cash flow and building long-lasting generational wealth.
Get ready to mark your calendars for an event like no other!
We are proud to announce that we will be hosting the 2023 REALTOR® COMMUNITY CARE DAY in New Jersey on Friday, September 8th, 2023. Our volunteers will work diligently to provide minor home repairs to eligible homeowners. If you have any questions or wish to learn more about how you can help, please don’t hesitate to contact us at
Together, we are making a lasting difference in our community. We hope you get involved and join us for NCJAR's 2023 REALTOR® Community Care Day!
APPLICATIONS DUE: JUNE 9, 2023
The 2023 LGBTQ+ market is an important demographic to consider when looking at real estate. In the US, about 8 million people identify as LGBTQ+, and this population has grown significantly over the past few years. This growing population has a significant impact on the housing market, influencing demand for homes and what types of properties are available.
LGBTQ homeowners are a powerful force in the housing market. They tend to be more affluent and educated than their heterosexual counterparts, and they often have different preferences when it comes to properties. For example, LGBTQ homeowners may prefer homes with access to amenities like bars or restaurants that cater to their community.
