Real Estate

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

Real Estate vs the Pandemic

The year 2020 has been challenging for many.  It has been a year when we have learned to do a lot remotely, and homebuying is no exception.  From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have changed the way we live. Some of those changes like […]

Dwell JC | Dec 10, 2020

Is buying a home in JC still affordable?

Here in Jersey City housing inventory is at an all-time low.  And yet, the housing affordability index is better than it was just 2-3 years ago.  What’s going on? How is this possible?    Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In […]

Dwell JC | Dec 2, 2020

Real Estate Market Continues to Climb

Earlier this year, Realtor.com announced the release of the Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry by tracking each of the following: Housing Demand – Growth in online search activity Home Price – Growth in asking […]

Dwell JC | Sep 16, 2020

SOLD in ONE DAY | Unit 2G at the Sugar House

This expansive 1732 SF, 2-bed 2-bath home in the Sugar House was sold for $1,450,000 and was off the market in only one day!  With commanding views of the Hudson River, NYC and Liberty State Park, this oversized 1732 sf, 2-bed, 2-bath waterfront home is the perfect combination of historic charm and modern convenience. The […]

Dwell JC | Aug 11, 2020

Expansive Corner Condo in Hamilton Square

Huge 1 bed, 1-1/2 bath in the highly sought-after Hamilton Square in the heart of the Hamilton Park Neighborhood. The loft-like 1195 SF apartment has high ceilings, exposed ducts, chef’s kitchen with ss appliances, spa-like bathrooms with radiant heat floors, Bosch washer & dryer, and Trane central AC/heating. With room to spare you can easily […]

Dwell JC | Aug 6, 2020

Are you ready for a bidding war?

With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more home buyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. economy forward. With so many buyers looking for homes to purchase and so few houses for sale right now, there’s a disconnect […]

Dwell JC | Jul 13, 2020

Expansive and Loft-Like 2-Bed 2-Bath in Dixon Mills

This expansive and loft-like 2-bed, 2-bath home features large south-facing windows that flood every room with tons of natural light. Soaring 11′ ceilings, exposed brick, recessed lighting, hardwood floors, and an open floor plan make this home perfect for entertaining. The coveted split-bedroom layout maximizes privacy, turning both king-sized bedrooms into spacious retreats. There is […]

Dwell JC | Jun 24, 2020