Uncategorized

Uncategorized Al’s Market Watch January 2025 January, 2025 2024 Bridgewater Real Estate Market Review – July Thru December There were 265 homes sold in Bridgewater during the second half of 2024, up 26.2 percent from the second half of 2023. The large majority, 99 or 75.1 percent, were single family units. The remaining 66, or 24.9 percent were condos or town […]
Uncategorized Al’s Market Watch October 2024 October, 2024   The State Of The Bridgewater Real Estate Market       This edition of Market Watch will take a look at the Bridgewater Market as of the end of the third quarter 2024. It will examine the active listings, those under contract and listings that had been sold. The information will be broken […]
Uncategorized Al’s July 2024 Market Watch July, 2024 The Housing Market Is “Stuck” Until At Least 2026 At least that is the view of economists at Bank of America. They warned in an interview on CNN that the US housing market is “stuck” and are convinced it will not be “unstuck” until 2026 or later. The bank argued that home prices […]
Uncategorized Al’s May ’24 Market Watch May, 2024 The NAR Settlement – What Does It Mean For Buyers And Sellers Earlier this year the National Association Of Realtors (NAR) announced that it had reached a preliminary settlement agreement related to a range of ongoing litigation pertaining to broker/agent commissions for real estate transactions. More recently, in late April, a federal judge […]
Uncategorized Al’s March ’24 Market Watch March, 2024 The Bridgewater Spring Market Is Here Along with March and the hope of warmer weather, comes the spring real estate market. Historically, this is the time of year when there is an uptick in both available homes, and buyers looking to grab their dream home. But as readers of “Market Watch” and “Homes […]
Uncategorized January 2024 Market Watch January, 2024   2023 Bridgewater Real Estate Review       There were 394 homes sold in Bridgewater during 2023, down 21.4 percent from 501 in 2022. The large majority, 272 or 69.1 percent were single family units. The remaining 122, or 30.9 percent were condos or town homes. Homes sold last year represented approximately 1.7 […]
Uncategorized Market Watch – May 2023 May, 2023 What Is Going On In The Housing Market? (Charts courtesy of Keeping Current Matters) It almost seems every day there is an “update” on where the housing market is going. And to someone looking to buy a home, or an existing homeowner contemplating selling, the news can be confusing, resulting in more questions […]
Uncategorized Market Watch – August 2023 August, 2023 2023 Bridgewater Review – First Six Months There were 184 homes sold in Bridgewater during the first half of 2023, down 23 percent from the first half of 2022. The large majority, 129 or 70.1 percent were single family units. The remaining 55, or 29.9 percent were condos or town homes. For the […]
Don't Miss Our Next Post
Subscribe Now
Uncategorized Market Watch – October 2023 October, 2023   Trends In The Housing Market (Charts courtesy of Keeping Current Matters)         Do I wait or buy/sell now? Are home prices expected to go up or down? What about mortgage rates? Why can’t buyers find homes to buy? And who is selling right now and why? Just some questions that clients […]
Uncategorized Market Watch – November 2023 November, 2023 The Federal Reserve Holds Interest Rates Steady For The Second Time As has been discussed in prior Market Watch issues, the Federal Reserve does not set the interest rates that borrowers pay on mortgages directly. Its action does, however, influence them significantly. Mortgage rates tend to track the yield on 10-year U.S. Treasuries, […]
Uncategorized November 2022 Market Watch November, 2022   Why Are Mortgage Rates Still Rising And How Much Higher Will They Go? (Charts courtesy of Keeping Current Matters) Mortgage rates are one of three key drivers of today’s real estate market. The other two being supply vs. demand and home values. And both buyers and sellers are wondering if mortgage rates […]
Uncategorized January 2023 Market Watch January, 2023   2022 Bridgewater Review       There were 501 homes sold in Bridgewater during 2022, down 25.3 percent from 2021. The large majority, 365 or 72.8 percent were single family units. The remaining 136, or 27.2 percent were condos or town homes. Homes sold last year represented approximately 3.1 percent of the total […]
Uncategorized October 2022 Market Watch October, 2022 Economic Uncertainty And The Housing Market (Charts courtesy of Keeping Current Matters) Will there be a recession? Will the Federal Reserve raise their rate again? If they do, by how much? Will mortgage rates increase? If so, by how much? What will happen to housing prices? Will my home lose value in the […]
Uncategorized January ’22 Market Watch January, 2022  2021 Bridgewater Review      There were 671 homes sold in Bridgewater during 2021. The large majority, 471 or 70.2 percent were single family units. The remaining 200, or 29.8 percent were condos or town homes. Homes sold last year represented approximately 4.4 percent of the total households in the Township. 56.8 percent of […]
Uncategorized February ’22 Market Watch February, 2022  Mortgage Rates Are The Story     Readers of Market Watch were aware that mortgage rates would increase over the course of 2022. In last month’s Market Watch it was noted that “Many economists expect mortgage rates to rise this year after the Federal Reserve announced last month that it would begin dialing […]
Uncategorized March ’22 Market Watch March, 2022  What Will Home Prices Will Look Like In 2023?  According To Fannie Mae      Heading into 2022, the consensus of analysts covering the real estate market was that home price growth would decelerate significantly during this year. But in two months, what a difference. Already some of the same firms that projected this […]
Uncategorized May ’22 Market Watch May, 2022  The Question: Is The Housing Market In A Bubble? (Charts courtesy of Keeping Current Matters)      The one question that is constantly being asked, and one that is making news stories, is, is the housing market in a bubble and are home prices going to fall? And it is a good question. Afterall, […]
Uncategorized July ’22 Market Watch July, 2022   Recession And Mortgage Rates – A Historical Perspective   There is growing concerning by the business and consumer sectors that a recession is likely. Those concerns were confirmed when the Federal Reserve increased interest rates in their attempt to bring down inflation. Their hike of .75 percent points put the Fed funds […]