NJAR^® in the News

Click here to receive NJAR^® Press Releases.

Home sales drop beyond expectation
Courier Post
January 26, 2010
Sales of existing homes, plumped up by government incentives in November, melted 16.7 percent in December, the largest month-to-month drop in 40 years. The steep decline, reported Monday by the National Association of Realtors, was worse than the 10 percent drop predicted by economists.  [Full Story]

Housing Stimulus Generates First Time Home Buyers in '09

According to a report by the New Jersey Association of Realtors, first-time buyers account for a larger portion of the housing market than in previous years, largely due to the impact of the federal home buyer tax credit. [Full Story]

First-Time Home Buyers Active in New Jersey Real Estate Market

According to the 2009 Profile of New Jersey Home Buyers and Sellers, first-time buyers account for a larger portion of the housing market than in previous years, largely due to the impact of the federal home buyer tax credit. The survey results released by the New Jersey Association of REALTORS^® (NJAR) found the number of first-time buyers in New Jersey rose to 52%. First-time buyers accounted for 49% of all buyers in 2008 and only 36% of buyers in 2007. When asked about the primary reason for the timing of their home purchase, 46% of first-time buyers said it was just the right time. [Full Story]

Optimism replaces fear at Realtors convention in Atlantic City

New Jersey Realtors were in a different mood Tuesday as their convention opened here. The exhibit floor was packed, people were motivated and the grimness seen last year was gone. [Full Story]

To listen to the audio clip, you will need to have an audio player capable of playing mp3 files.  Download any of the below players for free: