January 2021

What record low inventory means for you . . .

The Jersey City real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge however, is the lack of homes available for sale today. Last week, the National Association of Realtors (NAR) released their Existing Home Sales Report, which shows that the […]

Dwell JC | Jan 29, 2021

Year-End Report | Downtown JC

According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. However, here in downtown Jersey City, the year was a turbulent one for real estate values. Overall, downtown Jersey City saw a slight (1%) drop in home sale prices year-over-year.  Here is a breakdown by property type: Where will […]

Dwell JC | Jan 18, 2021

New Year Forecast: Four Experts Weigh In

The housing market was a shining star in 2020, fueling the economic turnaround throughout the country and New Jersey. The average homeowner in NJ had a $21,000 gain in home equity in 2020. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to […]

Dwell JC | Jan 1, 2021