NCJAR News
NCJAR is pleased to welcome Michael Vigna, the Chief Operating Officer of That 1 Painter in Central Jersey, as a new affiliate member. That 1 Painter offers a range of Sell Ready Services designed to provide fast, budget-friendly solutions to get homes market-ready.Join Jeff Jones, NCJAR's 2025 President, for this week's update! Get important details on the new New Jersey Realtor Residential Listing Agreement forms, the 2025 Affiliate Sponsorship opportunity for the Circle of Excellence Gala on March 20th, and the exciting announcement of Bill Hanley as NCJAR's new CEO. Visit www.NCJAR.com for more updates!
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U.S. existing-home sales advanced for the third straight month, climbing 2.2% to a seasonally adjusted annual rate of 4.24 million units, a 10-month high, according to the National Association of REALTORS® (NAR). Sales were up 9.3% year-overyear, driven largely by purchases of homes priced $500,000 and above. Monthover-month, sales rose in the South, Northeast, and the West but fell in the Midwest, with all four regions reporting year-over-year gains.
- Single Family Closed Sales were up 8.6 percent to 1,128.
- Townhouse-Condo Closed Sales were up 1.8 percent to 290.
- Adult Communities Closed Sales were down 2.6 percent to 37.
A REALTOR member who has held membership in the National Association as a REALTOR for a cumulative period of forty (40) years and has completed at least one (1) year of service at the National Association level as an officer, director, committee member, federal political coordinator, President’s liaison or a regional coordinator to a country with which NAR has a reciprocal agreement, shall upon certification by the Board of Directors be designated "REALTOR EMERITUS.