Housing Market Forecast

New Consumer Guide: Buyer's vs. Seller's Market

The real estate market is always changing, and whether you're buying or selling a home, understanding current conditions can help you make more informed—and confident—decisions. One of the first things to determine is whether you’re in a buyer’s market or a seller’s market. Here’s what you need to know.

What Is a Buyer’s Market?

A buyer’s market happens when there are more homes for sale than there are people looking to buy. With more options and less competition, buyers can take their time, explore different properties, and often negotiate better terms. In these conditions, you might see price reductions, seller incentives, or longer days on market.

What it means for you as a buyer:

• More choices and time to decide
  
  
• Greater potential to negotiate price or terms
  
  
• Less pressure from competing offers
  
  

What it means for you as a seller:

• You may need to price competitively
  
  
• Curb appeal and staging matter more
  
  
• Flexibility on terms can help your home stand out

  Read more …

NCJAR Board Office Early Closure Notice on May 23rd

In observance of the upcoming holiday, NCJAR board office will be closing early today, Friday, May 23, 2025, at 12:00 PM. We will be CLOSED on Monday, May 26, 2025. Our offices will reopen at 9:00 AM on Tuesday, May 27, 2025, during regular business hours (9:00 AM - 4:30 PM, Monday through Friday).

Thank you for your understanding, and we wish you a safe and pleasant holiday!

For questions, please contact us at This email address is being protected from spambots. You need JavaScript enabled to view it..

Raise a Glass and Connect at NCJAR's Networking Social at Madison Wine & Tap on June 18th

Date: Wednesday, June 18, 2025
Time: 4:00 PM – 7:00 PM
Location: Madison Wine & Tap, 17 Greenwood Avenue, Madison, NJ 07940

Join us for an evening of connection, celebration, and camaraderie at NCJAR’s upcoming Networking Social at Madison Wine & Tap. Whether you're a long-standing member or new to the NCJAR community, this is your opportunity to build meaningful relationships in a relaxed and welcoming environment.

What to Expect

• Appetizers and Drinks: Enjoy a delicious selection of appetizers and take advantage of our open bar, featuring a variety of beverages to suit every palate.

  Read more …

Jeff Jones Weekly NCJAR Update

In this week’s message, 2025 NCJAR President Jeff Jones thanks volunteers for their incredible work at the May 12th Habitat for Humanity Women’s Build in Rockaway, NJ. He highlights the importance of staying informed about the New Jersey Real Estate Consumer Protection Act and invites members to read more on www.NCJAR.com. Jeff also promotes the NCJAR Summer Food Drive (June 2–6), aimed at fighting childhood hunger, and welcomes George Tanakis of VHT Studios as a new NCJAR affiliate business partner.

Stay engaged and visit www.NCJAR.com for more updates and resources.

For questions, please contact NCJAR at This email address is being protected from spambots. You need JavaScript enabled to view it..

2025 REALTORS® Care Day - Applications Now Open!

DEADLINE TO SUBMIT APPLICATION: JUNE 16, 2025

Attention REALTORS®! It's that time again — time to give back to the community with REALTORS® Care Day 2025! NCJAR is excited to announce that applications are now open for this year’s event, and we’re ready to lend a helping hand to homeowners who could use a little TLC. Whether it’s a neighbor, a past client, or even yourself, this is a great opportunity to make a positive impact in your local community.

What We’re Helping With:

• Minor non-structural improvements

• General yard and site clean-up

• Gutter repair or cleaning

  Read more …