For the first time in two years, local real estate agents are seeing price adjustments on their listings due to increased living costs and mortgage rates. Prices are starting to plateau and homes are seeing fewer offers than they were at this time last year. But those that are priced to sell or have highly desired amenities such as a swimming pool, like this West Milford listing, are still going for above asking and are getting multiple offers. Photo provided by Dawn Corbo, Weichert Realtors. Higher interest in local homes At first glance, it looks like housing costs are continuing to soar. In Sussex County, NJ, a three-bedroom, two-bathroom... Local News 09 Aug 2022 | 01:41
Rosalie Cook Zambetti, Cook honored for achievement at Weichert Joe Cubias, regional vice president of Weichert, Realtors, announced that the Monroe Office and two top-producing sales associates... Business 22 Oct 2021 | 02:42
This 1900s farmhouse on 1.2 acres in Chester, N.Y., is under contract to a New York City buyer. The exodus from the city, combined with a pandemic-related hesitance to list houses, has created a historic housing shortage and a pronounced seller's market. ( Becca Tucker) Pandemic-driven house frenzy hits local towns Justin Melia and his family, who usually live in Astoria, Queens, closed in December on a vacation house in Warwick, N.Y.,... Local News 22 May 2020 | 02:02
