Joanne DOUDS, Weichert Realtors

06/08/2026

“Strong price increases have led to the condition where more American lives may improve from(moving) to a smaller size, they’re not selling because they do not want to be hit with the capital gains tax.” Dr. Lawrence Yun. Chief economist National Association of Realtors

05/18/2026

"Consumers are getting used to a bit higher mortgage rates or deciding now before they get even higher. Or will the recent increases in mortgage applications and home buying drop off if rates rise further from this point."

Dr. Lawrence Yun
Chief Economist National Association of Realtors

05/14/2026

https://gofund.me/02a1e804b

South Orange residents hold each other up. Please donate to this wonderful family who lost their home on Prospect Street this week.
Let's take good care of our neighbors at all times. That is who we are.

On Tuesday, May 13th, at approximately 3:30 a.m., the Crawley-Len… Mayor Sheena Collum needs your support for Support for South Orange Family After House Fire

05/11/2026

Sellers, with a median sold price of $1,302,000 and homes closing in 12 days, the South Orange market is hot! Let’s discuss how to list your home at the perfect price to attract eager buyers. 🔥🏡

04/06/2026

"Mortgage rates in April and beyond will be elevated until oil prices retreat."

Dr. Lawrence Yun, Chief Economist National Association of Realtors

03/24/2026

"Home prices are expected to see a modest gain. But the big wildcard is from the duration of the oil price shock. If lasting over several months then mortgage rates could go back to 7%."

Dr. Lawrence Yun, Chief Economist, National Association of Realtors

03/18/2026

Looking to buy or see a home in South Orange? Now is the time to take advantage of buyers quickly coming to purchase our limited inventory. Feel free to contact me.

03/17/2026

"A good turn but too early to say how the spring home buying season will fare. There is plenty of potential demand should affordability continues to improve. There are 6 million more jobs compared to pre-pandemic but home sales are still about 1 million fewer compared to back then".

Dr. Lawrence Yun, Chief Economist, National Association of Realtors

03/05/2026

The 30-year fixed-rate mortgage remains resilient this week at 6%, according to Freddie Mac. As rates hover near three-and-a-half year lows, housing affordability is improving, along with consumer optimism. National Association of Realtors

02/18/2026

"Still mortgage rates have been trending lower for months, which helped brighten the outlook for the upcoming Spring home-buying season - at least for home shoppers who can afford to buy at current rates."

Dr. Lawrence Yun, Chief Economist National Association of Realtors