Greater Bergen REALTORS® is a not-for-profit trade organization that serves more than 8,500 REALTOR® members in Bergen, Hudson, and Passaic Counties in New Jersey. Greater Bergen REALTORS® provides invaluable information, programs, and services to ensure the success of its members in everyday business. As the leading voice of real estate in North Jersey, we advocate for the public to protect private property rights as well as the right to homeownership. The association is a highly influential and important member of the local, state, and National REALTOR® family.
Despite improving affordability conditions, U.S. existing-home sales declined 8.4% to a seasonally adjusted annual rate of 3.91 million, a 4.4% drop from one year earlier, according to the National Association of REALTORS® (NAR). The slowdown followed a 5.1% increase the previous month and modest gains throughout the fall. Sales retreated month-over-month and year-over-year in all four regions.