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Greater Bergen REALTORS® Hosts Their Midyear Meeting & Affiliate Trade Show With Keynote Speaker, NAR Senior Economist, Nadia Evangelou!

Posted by: Katherine Diveris on Tuesday, June 13, 2023
Saddle Brook, NJ - June 13, 2023 - Last week, Greater Bergen REALTORS® (GBR) hosted their annual Midyear Meeting and Affiliate Trade Show at the Teaneck Marriott at Glenpointe, for over 300 association members. During the gourmet brunch buffet, members were able to network over coffee and meet some of GBR's affiliate industry partners during the Trade

Lack Of Inventory Continues to Impact Home Sales

Posted by: Katherine Diveris on Tuesday, May 30, 2023

Saddle Brook, NJ – May 30, 2023 – The housing market in Bergen County, New Jersey, usually in full bloom mid-spring, has seen several changes in April. Earlier this season, the drop in mortgage interest rates was promising for potential buyers and sellers. Rates have fluctuated since, causing many buyers to put the brakes on purchasing homes.

Greater Bergen REALTORS®, REALTORS® Care Foundation & Community Service Committee Join Forces with Rebuilding Together North Jersey on National Rebuilding Day 2023

Posted by: Katherine Diveris on Thursday, May 4, 2023

Saddle Brook, NJ – May 2, 2023 – Greater Bergen REALTORS® (GBR), REALTORS® Care Foundation (RCF) and Community Service Committee joined Rebuilding Together North Jersey (RTNJ) and the International Brotherhood of Electrical Workers (IBEW) Local 164 on April 29th, for National Rebuilding Day 2023. The group, with over 50 volunteers from the association, helped repair a home in New Milford, NJ, for single mother, Ms. Littrean and her two young children. A weekend prior, the team of dedicated members were on site at Ms. Littrean's home to begin demolition and prep-work for the April 29th event.

 

The Bergen County Housing Market Looks Slow to Bloom This Spring

Posted by: Katherine Diveris on Wednesday, April 5, 2023

Saddle Brook, NJ – April 5, 2023 – Recent changes in the housing market in Bergen County, NJ, in February 2023 have proven that seasonality doesn’t have a real effect in real estate this spring. Where business usually begins to bloom this time of year, buyers and sellers alike are struggling to gain the upper hand in the current market.

Mortgage Rates Have Fallen to Their Lowest Levels Since September 2022

Posted by: Katherine Diveris on Thursday, March 9, 2023
Saddle Brook, NJ –March 9, 2023 – In the new year, the housing market in Bergen County, NJ seems to be promising a positive change for today’s buyer. For most sellers, the current market remains a waiting game, while average sales continue to slow. According to the National Association of REALTORS® (NAR), national pending sales rose

Economists Predict Housing Prices Will Soften in Many Markets Over the Coming Months

Posted by: Katherine Diveris on Thursday, February 2, 2023
Saddle Brook, NJ – January 31, 2022 –The 2022 US housing market has inevitably affected homebuyers and sellers alike due to layered inflation, soaring interest rates, and steep sales prices. The National Association of REALTORS® (NAR) noted pending home sales and existing-home sales down month-over-month and falling 37.8% and 35.4%
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