September2020.MarketStats1Strong buyer activity has continued into the fall, which is normally the start of the seasonal slowing of the housing market. With stronger buyer activity in the market this year and the continued constrained supply of homes for sale, speedy sales and multiple offers are likely to remain a common occurrence and will keep the housing market hot even when the weather is cooling.

  • Single Family Closed Sales were up 49.5 percent to 3,085.
  • Townhouse-Condo Closed Sales were up 26.1 percent to 676.
  • Adult Communities Closed Sales were up 32.7 percent to 65.

  • Single Family Median Sales Price increased 21.3 percent to $455,000.
  • Townhouse-Condo Median Sales Price increased 7.2 percent to $292,500.
  • Adult Communities Median Sales Price decreased 10.4 percent to $330,000.

 

Why Realtors VoteAs is always the case with Election Day fast approaching, we are inundated with political advertisements, social media posts, and other messages daily. It can be easy to get turned off by the negativity of elections politics. 

While a lot of attention is paid to the top of the ticket candidates, keep in mind that on November 3, your vote will collectively determine not only the Presidency of the United States but also 33 U.S. Senate seats, 435 U.S. House of Representatives seats, 20 gubernatorial and lieutenant gubernatorial seats, 128 state and local executive office seats across 28 states, as well as 95 statewide ballot measures. That's why it is imperative that we who are REALTORS® make sure that we vote!

NCJAR encourages you, our members, to:

Educate Yourself on Candidates and Ballot Initiatives

We are all passionate about real estate. NAR staff is working hard to interview and identify Realtor® champions! Realtor® champions are elected officials who have made significant achievements in advancing home and property ownership, whose policy agendas align with the Realtor® Party's mission. They raise awareness of important ballot initiatives at the state and local levels. The hard work has already been done for you!

NCJAR Global Real Estate SummitNovember 5 & 6, 2020 (8:00am-1:00pm)

Experience the Global Real Estate Market & Network with the industries top Global Professionals from the U.S. and Abroad

Two Half-Day Sessions of featured speakers, panels, and power sessions on the Nuts and Bolts of a Global Transaction, Global Real Estate Trends, Innovative and Futuristic Development, Changing Demographics and Lifestyles, Technology, Tax and Financing, and Best Practices moving forward in a Post COVID World.

DAY 1: Learn the “How-To” of getting started and making connections and money in the global real estate marketplace and hear from real estate practitioners and business partners from around the globe on how they are making the business of real estate accessible, profitable and ethical.

DAY 2: Get a look ahead at the future of cities, and learn about the new standards for “healthy and sustainable” buildings of the future from leading global architects, designers, and urbanists.

Join in on Live Breakout sessions with real estate professionals worldwide, offering opportunities to create future business connections.

Turkey DriveOnce again, we are preparing for our annual holiday Turkey Drive! Except for this year, it's VIRTUAL! The food pantries have reached out to us for assistance! Hunger touches every community in the state, including yours. More than 1.2 million people in New Jersey face hunger every day. Nearly 400,000 of them are children.

NCJAR's goal this year and every year is to collect at least ONE Turkey Dinner Per Realtor® Office! With your help, we can yield over 800 Thanksgiving Dinners!

NCJAR's Virtual Turkey Drive Ends on October 30th - Please Give Now

Donating a frozen turkey is easy! You will be emailed a tax receipt at the time of purchase. All turkeys ordered online will be shipped directly to the Community Foodbank of New Jersey after the drive ends.

Erika Almonte of Re/Max Achievers in SummitCongratulations to Erika Almonte of RE/MAX Achievers in Summit for being selected to receive NJCAR's "Rookie of the Year" Award for 2021.

The Rookie of the Year Award is bestowed on a member who has been a Realtor® for three years or less and displays exemplary work in the business and humanitarian sectors.

Erika Almonte of Re/Max Achievers in SummitCongratulations to Ronnie Glomb of Your Town Realty in Morristown for being selected to receive the prestigious North Central Jersey Association of Realtors® (NCJAR) "REALTOR® of the Year" Award for 2021.

A well-respected Realtor®, Broker and mentor within the community, Ronnie has been licensed for 13 years. He is a long-time Platinum recipient of the New Jersey Realtors® Circle of Excellence Award and a real estate instructor. Most recently, Ronnie has been instrumental in providing information to local business owners applying for grants and independent contractors seeking unemployment benefits during this unprecedented time.


Ronnie conducted weekly webinars, including one with the Commissioner of the Department of Labor, to provide the most up-to-date information for those who need support. His combined efforts also contributed to having a construction re-open in New Jersey, which led to the continuation of building affordable housing within the State. Ronnie is extremely positive, hard working and always willing to share his extensive business knowledge with those who seek it.

Ronnie is a member of the NCJAR Professional Standards Committee and has volunteered countless hours to our Association in this important role, always answering the call when needed. Ronnie's community service involvement includes coaching baseball, lacrosse and youth football. He is a role model, a leader and a caring individual. Ronnie truly exemplifies what the Realtor® "Spirit" is all about, and we are proud that he is a member of our NCJAR Realtor® family.

Erika Almonte of Re/Max Achievers in SummitCongratulations to Lori Fedkenheuer of the Magnusson Group for being selected to receive NCJAR's "AFFILIATE OF THE YEAR" Award for 2021.

The Magnusson Group specializes in New Jersey Estate sales, appraisals and consignment (themagnussongroup.com).


The Affiliate of the Year Award is bestowed on an Affiliate member who has been actively involved in the North Central Jersey Association of Realtors® contributing  their time and energy in supporting the Association's community service initiatives.

Affiliate members sponsor events, education, and the humanitarian efforts of the Association working side by side with the Realtor® members to assist the consumer in fulfilling the American Dream of homeownership.

Lori is always available to assist with the many fundraisers and charity drives for NCJAR. She attends the monthly Affiliate meetings and is a positive influence among her Affiliate and Realtor® peers. She is a well-respected community leader who served 13 years as a troop leader for Girl Scouts. Lori belongs to The Senior Blue Book Networking Group where she specializes in assisting seniors and caregivers with housing, home health care, downsizing and other resources. She frequently visits healthcare facilities, 55+ communities, neighborhood associations, funeral homes, etc. and helps them prepare for the next chapter of their lives.

Lori truly exemplifies the "Team Spirit" of our Affiliate members and we are proud to have her as a member of our NCJAR Realtor family. 

Attny General Memorandum 10 07 2020There is a revised Attorney General Memorandum dated October 7, 2020. Please make sure you read and provide only this memorandum to anyone listing a property for sale or rent, as it has changed. The updated and expanded memorandum dated October 7, 2020 supersedes earlier versions.

Attorney General Memorandum –  October 7, 2020

Should the owner profess an unwillingness to abide by or an intention to violate the New Jersey Law Against Discrimination (LAD) then the licensee may not accept the listing. 

COE UNITNJ Realtors® may utilize Industry Units (IU), or extra units, for non-sales related association activities toward their NJ Realtors® Circle of Excellence Sales Award. IU's can be earned in three different categories, for a maximum of three units across all three; RPAC Investment - Committee Service – NAR Designations

RPAC Investment - Deadline Oct 2nd

A voluntary minimum $100 investment in RPAC in 2020. Investment must be received by applicant's local board/association no later than October 2, 2020. Only one unit is allowed for an RPAC investment.

Invest $100 in RPAC Now

Committee Service

Serving as an active member of a committee, on the board of directors or in a leadership position for your local, state, or national association, or on an MLS committee. One unit earned per committee/position.

Committee Service Questions: This email address is being protected from spambots. You need JavaScript enabled to view it.

LeadershipAcademy.2020Application Deadline – November 20, 2020 • Register for NCJAR's Leadership Academy! It is a ten-month, seven-session training and development program designed to cultivate future NCJAR LEADERS. Training sessions are structured around local, state and national meetings and events.

Nominees Must Meet The Following Criteria:

  • NCJAR Member in Good Standing
  • Demonstrate leadership attributes including, but not limited to: people skills, courage, decisiveness, integrity, creativity, curiosity, big-picture thinking.
  • Two letters of recommendation.
  • Tuition: $250

Our Leadership Academy offers our Realtor® members the opportunity to learn new skills that enhance their career. Registrants will learn from some of the brightest talent in the industry. Courses offered are top notch such as spokesperson training, team building, and the highly valued Leadership 100,200,300 Series. Our Academy prepares the Registrant to move toward a leadership role at their local, state, or national associations, and in their communities.

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