NCJAR News
U.S. sales of existing homes recently fell to a 13-year low, dropping 2.0% month- over-month and 15.4% year-over-year as of last measure, according to the National Association of REALTORS® (NAR), as surging interest rates and elevated sales prices continue to make homeownership unaffordable for many prospective buyers. Purchase activity is down significantly compared to this time last year, but rising interest rates are also keeping many current homeowners from selling, causing inventory to remain at historically low levels nationwide.
- Single Family Closed Sales were down 15.9 percent to 1,414.
- Townhouse-Condo Closed Sales were down 10.0 percent to 423. • Adult Communities
- Closed Sales were down 12.1 percent to 51.
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DATES & LOCATIONS:
- Tuesday, Dec 5th: Morristown
- Monday, Dec 11th: Wayne
- Tuesday, Dec 12th: Bloomfield
- Wednesday, Dec 13th: Westfield
INCLUDES:
Movember, the global movement merging "mustache" and "November," extends beyond facial hair to bring attention to men's health. The North Central Jersey Association of Realtors (NCJAR) recognizes the significance of this initiative, emphasizing men's mental health challenges.
The Movember Movement:
Originating in Australia in 2003, Movember focuses on prostate cancer, testicular cancer, and mental health. By encouraging open conversations, the campaign aims to dispel stigmas associated with mental well-being.
Happy Thanksgiving from NCJAR!
Wishing you joy, peace, and prosperity this Thanksgiving and beyond.
NCJAR Holiday Hours: CLOSING EARLY at 12 pm on Nov 22nd and will be CLOSED on Nov 23rd & 24th.
Re-opening: Nov 27, 2023, at our regular hours (M-F 9:00 am - 4:30 pm).
Have a Happy and Safe Holiday Weekend!
Thank you for being part of NCJAR. Happy Thanksgiving!
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