Recent Real Estate News for Bergen County, NJ (March 2026) 버겐 카운티의 최근 부동산 상황(2026, 3 월) Market Trends: "Seller's Market Persists with Shifting Dynamics" Reports from the past week indicate a complex market in Bergen County characterized by low inventory and rising prices. Single-Family Homes: Inventory remains extremely tight. As of early 2026 data, new listings are...
More People Are Inheriting Their Homes. About 18% of all property transfers in the state last year, representing nearly 60,000 homes, were made through inheritance, according to a recent analysis by real-estate data firm Cotality. That share is a record for California in data going back to 1995, up from 12% in 2019. It is also roughly double the national share of 8.8% last year. The...
4-Alarm Fire Destroys Korean Restaurants in Palisades Park. A massive four-alarm fire ripped through a mixed-use commercial building on Broad Avenue early Sunday morning, February 8, 2026, leaving popular local businesses destroyed and two residents hospitalized. The blaze was reported at approximately 2:15 AM at 337-339 Broad Avenue, a building housing several Korean businesses....
Will sharp increases in Property Taxes for Palisades Residents become reality? In Palisades Park, New Jersey, concerns are growing that residents may face significant property tax increases after the New Jersey Department of Community Affairs (DCA) rejected the borough’s request for an emergency appropriation. Palisades Park requested $7.75 million in emergency funding to cover a budget...
H-Mart opens the biggest market in US. • The build-to-rent business is exempt from Trump’s executive order to restrict large investors from purchasing homes. So-called BTR developers build neighborhoods of new single-family homes specifically for the purpose of renting them out, either on their own or by selling the homes to institutional investors. • It is a small but growing...
Home Sales Log December Rise Amid ’25 Slump 2025 주택판매 저조한 가운데, 12월 주택 판매 증가세 WSJ 1/15/25(Thu) Despite a surprise lift last month, the full year downturn is one of worst in decades. Home sales finished 2025 with surprisingly strong momentum, rising 5.1% in December for the biggest gain in nearly two years. But even with last month’s boost, the year as...
NY increases Senior Property Tax Reduction 뉴욕주 시니어 주택부동산세 면제 확대 Korea Daily 12/8/25(Mon) NY Governor Hochul signed off new act(S5175A-A3698A) which can allow further property tax reduction for qualified senior citizen over 65 up to 65%. Still local municipality has to decide if they will allow the reduction. The purpose of this bill is to...
Gen M got pressure between house and retirement plan. 내집마련, 은퇴 준비중 택일 압박 Korea Daily 12/28/25(Fri) According to Harris’ poll research, 58% of Gen M got pressure to make a choice between purchasing a house and planning stable retirement plan. The reason that they have to make one choice is sky-rocketing house prices. For a while, owning house is...
Mortgage Interest Rates Review The Fixer-Uppers Of the Market Offer A Certain Appeal. 집 고쳐 팔기업계 주식시장에 매력있는 투자분야 WSJ 11/12/25(Wed) The old saw about making money in real estate is that you should buy the ugliest house on a nice block. A smart strategy for buying stocks can be “Pick the strongest companies in a tough-looking sector”. Trex ,the...
Mortgage Interest Rates Review Home Buyers Return to Risky Loan Type 주택구입자, 더 위험한 융자쪽으로 WSJ 11/3/25(Mon) The unaffordable housing market is causing a growing number of home buyers to take on a type of riskier loan to cut their borrowing costs. They are opting for adjustable- rate mortgages, or ARMs. These loans initially offer cheaper borrowing rates...