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.
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...
