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  • Writer's pictureMAREJ

Foreclosures, Sales & Prices Rise While Inventory Dips Lower

Despite New Jersey continuing to lead the way with foreclosures, sales throughout the state are up almost 8 percent, creating and sustaining a confident market through the summer season, according to New Jersey Realtors. Bucking the downward national trend, New Jersey foreclosures ticked up 2 percent in the first half of 2017, says RealtyTrac, just behind Connecticut and Louisiana. Atlantic City, Trenton, and Philadelphia, PA held the top spots for metro foreclosure rates. Atlantic City had 1.71% of housing units with foreclosure lings; Trenton had 1.02% and Philadelphia had 0.79%. READ MORE

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