These Towns in Bergen County NJ Saw Home Prices Drop in 2023! Opportunities in 2024?

The Real Estate market has been challenging to say the least! High home prices fueled by low home inventory...home sellers who refinanced when mortgage rates were low...fluctuating mortgage rates for buyers have made home buying very competitive!

Bergen County NJ actually saw some towns where home prices actually DROPPED in 2023, if you can believe it!

In this video, I'm discussing Bergen County NJ home market data and trends as well as showcasing 3 Bergen County towns where home prices actually dropped in 2023. In fact there are more than 3 Bergen County towns with home price drops, but the towns I'm discussing in this video had the highest percentage of home price changes.
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Hi! I'm Bob and I'm a REALTOR® in Northern NJ, serving Hudson, Bergen, Passaic and Essex Counties! If you want to learn about anything and everything regarding Northern NJ real estate, consider subscribing! All information in my videos is meant to be educational and a starting point in your home purchasing/selling journey. This channel and my team of agents serve everyone and believe in equality for all, including LGBTQ+.

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