News

Saddle Brook, NJ – May 23, 2024 –  U.S. existing-home sales recently fell from a one-year high, dropping 4.3% month over-month to a seasonally adjusted annual rate of 4.19 million, according to the National Association of REALTORS® (NAR), as higher interest rates and rising sales prices continue to keep some prospective buyers on the sidelines. Average 30-year mortgage rates have topped 7% in recent weeks, while the median existing-home sales price hit $393,500 as of last measure, a 4.8% increase from the previous month, according to NAR.

"Based on the monthly report in our area, home prices are still going up while the number of homes for sale are going down. This means we are still in seller's market,” states Greater Bergen REALTORS® 2024 Immediate Past President, Alireza Memar.

Saddle Brook, NJ – May 22, 2024 –  Greater Bergen REALTORS® (GBR) and the New Jersey Multiple Listing Service (NJMLS) 2024 Leadership Academy invited New Jersey REALTORS® (NJR) leadership to GBR headquarters in Saddle Brook, NJ on May 16, 2024 to speak in front of the 12 students in their final session of the semester for the 2024 program.

“We are bringing information from New Jersey REALTORS to our class to help them prosper and give them resources so they can grow in their leadership journey,” stated GBR 2024 President-Elect, Nicola Esposito.

Saddle Brook, NJ - May 13, 2024 - Greater Bergen REALTORS® (GBR) Executive leadership team, Board of Directors, and association committee leaders and members attended the National Association of REALTORS® (NAR) 2024 REALTORS® Legislative Meetings in Washington D.C. on May 4-9, 2024.  The five-day stretch of Legislative Meetings was an opportunity for over 9,000 REALTORS®, lawmakers, and industry leaders across the country to participate in critical public policy conversations to advance the real estate industry.

"It is important now more than ever that REALTORS® stay at the forefront of legislative and real estate industry updates," stated GBR Chief Executive Officer, Jorge Ledesma. "Greater Bergen REALTORS® strives to provide our members with the most up-to-date industry knowledge and resources they need to best serve their clients and be successful." 

Saddle Brook, NJ - May 3, 2024 - On April 27, on National Rebuilding Day 2024, Greater Bergen REALTORS® (GBR) nonprofit organization, the REALTORS® Care Foundation and the Community Service Committee joined forces with local nonprofit partner, Rebuilding Together North Jersey, in volunteering time and resources to repair and clean the home of a local homeowner in Teaneck, NJ.