Real EState Market Outlook 2026
Автор: Terrie O'Connor Realtors
Загружено: 2026-02-09
Просмотров: 10
Описание:
Momentum is mass in motion. After chasing the ghosts of the 2020 market for years, the data shows we are finally returning to 2019 fundamentals. But while the national headlines scream "normalization," the story in Northern New Jersey is very different.
Here is the reality of the market right now:
📈 Local Intensity: While NJ sales slowed slightly statewide, prices in our area jumped 10.7% in 2025. 📉 Inventory: We ended the year with only 1.5 months of inventory. Multiple offers are still the rule, not the exception. 👴 The Buyer Shift: The median age of a first-time homebuyer has hit 40 years old (up from 33 in 2019). Meanwhile, repeat buyers now make up 79% of the market. 🔮 2026 Prediction: With the Fed expected to cut rates further and the "lock-in" effect of those 3% rates finally breaking, we expect a major uptick in activity.
Question: Are you waiting for rates to drop below 6% to make your move? Let us know here: https://to.cr/featured
#WeAreTOCR #TerrieOConnorRealtors #RealEstate
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