BLOG

Home » Individual Clients » Real Estate » Today’s Real Estate Market Prices

Today’s Real Estate Market Prices

Sep 22, 2023 | Real Estate

Real Estate

While inventory remains low and interest rates remain high in the State of New Jersey, this means that the real estate market remains increasingly competitive. With today’s market representing a 3.9% price increase compared to 2022, buyers should especially consider working with an attorney who is well-versed in real estate matters in the state, ranging from attorney review, closings and even potential litigation. Therefore, it is vitally important to retain an attorney early in the process as the fierce competitiveness of the market requires both buyers and sellers to be very careful with respect to safeguarding their rights in a real estate transaction. See the current findings impacting today’s real estate markets here.

Contact us

Categories

Archives

Recent Related Posts

Closing the 2023 Real Estate Market

Closing the 2023 Real Estate Market

With 2023 coming to an end soon, many may wonder how the real estate market will shape up for 2024. While the market could still be in flux, buyers and sellers may potentially see changes including a decline in mortgage interest rates and an increase in...

read more
Navigating the Real Estate Market

Navigating the Real Estate Market

We’ve all heard that the current real estate market is a challenge for buyers, due to low inventory and high interest rates. This makes the selection of a real estate attorney and a qualified real estate agent even more critical. Selecting your team will help you...

read more
Don’t You Dare Waive Inspections

Don’t You Dare Waive Inspections

Should you waive inspections?  In this blog, we are going to investigate this recent phenomenon that started during the seller's market and is certainly even more common today -- buyers waiving the inspection contingency. During this unsettled market, buyers and...

read more