News

Saddle Brook, NJ – July 24, 2024 –  U.S. existing-home sales declined for the third consecutive month, as higher mortgage rates and rising sales prices hindered market activity during what has traditionally been one of the busiest months of the year. According to the National Association of REALTORS® (NAR), sales of previously owned homes dipped 0.7% month-over-month and 2.8% year-over-year, to a seasonally adjusted annual rate of 4.11 million units.

Saddle Brook, NJ – July 23, 2024 – In 2024, Greater Bergen REALTORS® (GBR), REALTORS® Care Foundation (RCF) and the New Jersey Multiple Listing Service, Inc. (NJMLS) have awarded over $36,000 in high school scholarships to graduating high school seniors throughout fifty-two schools within Northern New Jersey.

Greater Bergen REALTORS®, REALTORS® Care Foundation is a 501(c)3 charitable organization within GBR that provides grants to organizations and those in need within the community from donations received by its REALTOR® members, and with financial support from the NJMLS.

Saddle Brook, NJ – July 22, 2024 – Last week, Greater Bergen REALTORS® (GBR) non-profit organization, the REALTORS® Care Foundation (RCF) participated in Dining Out Jersey Foodie Expo, at The Terrace at Biagio’s. The 2024 Foodie Expo was a full evening of gourmet food and elevated drinks from the chefs, mixologists, and restaurant owners of the best restaurants in northern New Jersey. The REALTORS® Care Foundation participated in the event by raising awareness of the organization’s mission that REALTORS® do more than sell houses within our local communities, they participate and support community initiatives through fundraising with a silent auction and a 50/50 raffle.

Saddle Brook, NJ – July 9, 2024 - Greater Bergen REALTORS® Young Professionals Network (YPN) prioritizes their fundraising efforts to support local community organizations that change lives and make a difference. Recently, YPN raised money to donate $1,500 to The Society For The Prevention Of Teen Suicide, and $2,500 to the REALTORS® Relief Foundation.

Saddle Brook, NJ – July 1, 2024 –  U.S. existing-home sales fell for the second month in a row, sliding 1.9% month-over-month and 1.9% year-over-year, according to the National Association of REALTORS® (NAR), with sales down in all four regions of the country. Higher borrowing costs and accelerating home prices continue to weigh on demand, pushing some prospective buyers to the sidelines and causing market activity to slump ahead of summer.