NJ Prices

NJ Prices Constantin "Chris" Hinova works at Prominent Properties Sotheby's International Realty Hoboken NJ

Mortgage Approval in Under 1 Minute? New Chat GTP based app says YES!!
03/05/2026

Mortgage Approval in Under 1 Minute?
New Chat GTP based app says YES!!

Creating a mortgage has been one of the most time-consuming corners of American finance, with lenders relying on dozens of steps that can take weeks.

How Will This Affect The Housing Market?Probably lead to better affordability and lower prices "Large institutional inve...
03/04/2026

How Will This Affect The Housing Market?
Probably lead to better affordability and lower prices
"Large institutional investors are now net sellers of single-family rental homes."

President Donald Trump wants to ban big investors from buying single-family rental homes, but investors have already been selling due to high home prices.

This is a bit of very good news "Apartment rents just dropped to the lowest level in 4 years"
02/07/2026

This is a bit of very good news "Apartment rents just dropped to the lowest level in 4 years"

Apartment rents are falling sharply due to weaker economic conditions and growing job losses.

The transaction consists of two separate 78th-floor units spanning roughly 8,300 square feet. It’s unknown if Macklowe’s...
02/03/2026

The transaction consists of two separate 78th-floor units spanning roughly 8,300 square feet. It’s unknown if Macklowe’s third investment, a smaller 28th-floor home designed for staff, is included in the deal

https://nypost.com/2026/02/02/real-estate/harry-macklowes-onetime-home-at-432-park-is-selling-for-50m/?utm_medium=social&utm_campaign=nypost&utm_source=facebook&fbclid=IwY2xjawPuvFhleHRuA2FlbQIxMABicmlkETFxbHBYV2Q3ZE9KQ3FLdkQ3c3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHkQnT02fxryXgS8u8E8PgejJzpszY8M2SD2depwHyxqtnM41lFhJWv5FMgTD_aem_84Dnv540hwY5t_OMPGfRTw =1770066924

News of the hush-hush sale follows sluggish sales and a mountain of legal drama for the supertall edifice.

This is a record no one wants
01/27/2026

This is a record no one wants

More than 16% of signed contracts on homes in December were canceled, as consumers face continued uncertainty in the economy and rising inventory.

375,000 homes hit foreclosure
01/16/2026

375,000 homes hit foreclosure

Foreclosure filings in the US spiked by more than 20% in November compared to the same period last year, according to ATTOM data.

Fannie Mae's delinquency rate, 0.75 percent, on multi-family homes is now the highest since 2010, but remains barely be...
01/15/2026

Fannie Mae's delinquency rate, 0.75 percent, on multi-family homes is now the highest since 2010, but remains barely below the Great-Recession high of 0.80 percent.

The phrase “renter friendly” is anything but friendly for owners of multifamily rentals.

Credit Card Default on the Rise
01/02/2025

Credit Card Default on the Rise

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Steep Drop in Mortgage Demand
01/02/2025

Steep Drop in Mortgage Demand

Rising mortgage interest rates collided with the slowest month of the year for sales.

It's still certainly a sellers market
12/19/2024

It's still certainly a sellers market

In Morris Township, a $1.25 million sale for a home shattered all expectations.

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321 Washington Street
Hoboken, NJ
07030

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