Are Home Prices Dropping? Here’s the Real Story.
If you’ve been scrolling through social media lately, you’ve probably seen posts claiming that home prices are falling. When headlines like that pop up, it’s natural to start wondering: Is the housing market about to crash? Is my home losing value? Let’s clear something up right away. This isn’t a c
Why Rising Foreclosure Headlines Aren’t a Red Flag for Today’s Housing Market – North Jersey Real Estate Insights by The DeSilva Team
Foreclosures Are Up 32%. What That Means for the North Jersey Housing Market. If you’ve seen headlines saying foreclosure activity has increased for 10 straight months, it’s easy to jump to one conclusion: “Is the housing market heading toward another 2008?” We’re hearing that question more often fr
Northern NJ Housing Market Update: Low 6% Rates + 12% More Homes – North Jersey Real Estate Insights by The DeSilva Team
What’s Happening in the Northern NJ Housing Market? Mortgage rates have settled into the low 6% range — a level that historically increases buyer demand. At the same time, housing inventory across Northern New Jersey is up 12% compared to last year. A brief winter slowdown has created a small window
Eric DeSilva
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