economy

Check Twice Before Skipping That South Jersey Home That's Been Sitting on the MarketWhen you spot a home that's been sitting on the market for weeks in South Jersey, your first thought is probably skeptical. You might wonder:What's wrong with it?Why hasn't someone snatched it up?Is there a hidden problem I'm not seeing?This mindset made perfect sense a few years back. But in today's Gloucester County...

Why Rising Foreclosure Headlines Aren't a Red Flag for South Jersey's Housing Market Have you seen headlines claiming foreclosure activity has climbed for 10 straight months? It's easy to get concerned about what this means for our local market. But looking at the complete picture reveals some simple truths about South Jersey real estate: Current foreclosure numbers align with normal market patterns High...

Are Big Investors Really Buying Up All the South Jersey Homes? Here's the Truth. It's almost impossible to scroll online these days without seeing some version of this claim: "Big investors are buying up all the homes." If you're a homebuyer who's lost out on a few offers in West Deptford or Audubon, this might sound believable. When homes cost more and competition gets fierce, it's easy to blame corporate...

Expert Forecasts Point to Affordability Improving in 2026 for South Jersey Homebuyers Wondering what to expect from the South Jersey housing market in 2026? You're not alone. For the past few years, affordability has been the biggest hurdle for most buyers and sellers. Many families in Medford, Audubon, and across our region have been waiting for better market conditions. The good news? Things are finally...

Thinking About Buying a Home in South Jersey? Ask These 5 Questions First. Deciding if you're ready to buy a home in South Jersey can feel overwhelming. You might worry about your finances, today's mortgage rates, and local housing prices. With so much to consider, how do you know when it's the right time to make your move? The truth is, while market conditions matter, your personal situation matters...

By Mike Lentz | The Mike Lentz Team – Keller Williams Realty Why is South Jersey’s 2026 housing market expected to improve? Three projections favor South Jersey’s 2026 housing market. Mortgage rates are expected to ease. Inventory has been climbing across Gloucester, Camden, and Burlington counties. Price growth has slowed enough that affordability is recovering. Buyers will see more...