Representing clients in northern New Jersey, Jamie Simon-Wainick serves as a Realtor for Keller Williams. In this capacity, Jamie Simon works as a listing and selling agent in Bergen, Morris, Wayne, and Passaic counties.
Recently, the New Jersey real estate market experienced some turmoil due to the COVID-19 pandemic’s effects on the region. However, it has overcome many of these challenges and is actually seeing new potential customers.
These customers are largely coming from New York City and other high-density areas. Due to a desire to move around outdoors more freely, many wealthy families and individuals are showing interest in the suburban real estate markets outside New York, with New Jersey on the list. In fact, the change has been so significant that some real estate professionals are struggling to find the inventory to satisfy the demand of potential buyers.
To manage the influx of interested buyers, many agents have shifted to digital showings. This has driven traffic to real estate websites and has helped agents recognize that the housing market will thrive, not go through another recession. While sellers are keeping their prices steady for the moment, the limited inventory is expected to drive them up.
Recently, the New Jersey real estate market experienced some turmoil due to the COVID-19 pandemic’s effects on the region. However, it has overcome many of these challenges and is actually seeing new potential customers.
These customers are largely coming from New York City and other high-density areas. Due to a desire to move around outdoors more freely, many wealthy families and individuals are showing interest in the suburban real estate markets outside New York, with New Jersey on the list. In fact, the change has been so significant that some real estate professionals are struggling to find the inventory to satisfy the demand of potential buyers.
To manage the influx of interested buyers, many agents have shifted to digital showings. This has driven traffic to real estate websites and has helped agents recognize that the housing market will thrive, not go through another recession. While sellers are keeping their prices steady for the moment, the limited inventory is expected to drive them up.
