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Housing Inventory In October Up 2.7% From The Previous Month
Saddle Brook, NJ - December 1, 2023 - 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.
Greater Bergen REALTORS® Immediate Past President, Robert Funabashi, Honored At New Jersey REALTORS® Award Ceremony at 2023 REALTORS® Triple Play Convention & Trade Expo
Saddle Brook, NJ – December 8, 2023 – This week, Greater Bergen REALTORS® (GBR) Executive leadership team attended the New Jersey REALTORS® Award Ceremony at the 2023 REALTORS® Triple Play Convention and Trade Expo, in Atlantic City, NJ. GBR’s Immediate Past President, Robert Funabashi was honored at the ceremony, receiving the local real estate association REALTOR® of The Year Award on behalf of Greater Bergen REALTORS®. The session also honored Communications award winners, Quarter Century Club recipients, and REALTOR® Emeritus members.

