News

Saddle Brook, NJ – August 3, 2023 – Temperatures are heating up, yet the U.S. housing market remains cooler than usual for this time of year due to a combination of low inventory and higher borrowing costs, which have restricted market activity going into the summer homebuying season.

According to the latest data from the National Association of REALTORS® (NAR), national existing-home sales climbed 0.2% from the previous month but were down 20.4% compared to the same time last year, as fluctuating mortgage rates and a near all-time low level of inventory continue to influence home sales.

Saddle Brook, NJ – July 28, 2023 –During their month-long campaign, the Back-To-School Backpack-A-Thon, the Greater Bergen REALTORS® (GBR) Community Service Committee alongside the GBR REALTORS® Care Foundation, collected school supplies and classroom essentials at GBR headquarters and several participating GBR brokerage locations in Bergen County.

Last week, a team of dedicated volunteer members participated in the successful packing event of 300 backpacks, which were then distributed to four local non-profit organizations who partnered with the committee for the cause.

Saddle Brook, NJ – July 12, 2023 – Greater Bergen Realtors® Community Service Committee partnered with the Bergen Volunteer Center Mentoring Mom’s Program in their annual donation event, ‘Clean Homes, Clean Families’ where they collected cleaning supplies and toiletries to help local families in need.

“I am immensely grateful to each and every person who joined us in this meaningful endeavor and became a driving force of positive change in our community,” said 2023 Community Service Committee Chair, Gina Hernandez-Navarro, “We are truly privileged to count on such generous contributors and their unwavering support!”

Saddle Brook, NJ – July 3, 2023 - Greater Bergen REALTORS® (GBR), Diversity, Equity, and Inclusion (DEI) Committee hosted Pride Month Celebration: Lifting LGBTQIA+ Voices In Real Estate at GBR headquarters in Saddle Brook last week, on June 28. The event was an opportunity for members to hear from keynote speakers Robert White, Immediate Past President of New Jersey REALTORS® (NJR), and Christian Fuscarino, Executive Director of Garden State Equality.

Saddle Brook, NJ – June 14, 2023 - Last week, GBR co-hosted the Second Annual DEI Real Estate Summit, a regional two-day diversity, equity, and inclusion (DEI) summit, designed to build curiosity while exploring understanding of DEI within personal and professional careers, while reviewing the correlation between fair housing and DEI, how DEI makes business sense, and the implicit biases that continue to plague the real estate industry.

The two-day summit included an afternoon of continuing education courses and a networking reception on Monday, June 5th, as well as a full day of speakers, discussion, and break-out sessions on Tuesday, June 6th.

Saddle Brook, NJ – May 15, 2023 – Last week, Greater Bergen REALTORS® (GBR) members travelled to Washington D.C. for the 2023 REALTORS® Legislative Meetings, from May 6-11th. The six day stretch of Legislative Meetings was an opportunity for REALTORS®, lawmakers, and industry leaders across the country to participate in critical public policy conversations to advance the real estate industry.

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.