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National Association of Home Builders

Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home sales fell in January as prices continued soaring, showing the financial strains potential buyers are facing. Existing-home sales declined 4.9 percent from December 2024 to a seasonally adjusted annual rate of 4.08 million in January, the National Association of Realtors (NAR) said in a news release on Friday, Feb. 21. The median home price climbed 4.8 percent year-over-year to $396,900, the highest amount ever in a month of January. In the Northeast, sales fell 5.7 percent from December to an annual rate of 500,000 homes, though they increased 4.2 percent from January 2024. The m…
Meet Trailblazing Builder Behind Brand-New $2.55M Paramus Property Meet Trailblazing Builder Behind Brand-New $2.55M Paramus Property
Meet Trailblazing Builder Behind Brand-New $2.55M Paramus Property Agnes Wanat was always a builder of sorts. The Paramus resident created a diverse series of businesses throughout North Jersey — until she turned 35, and discovered her passion for building homes far outweighed her desire to own another in a series of businesses that left her wanting more. On Thursday, April 11, Wanat debuted her latest home construction project: A 7,500 square-foot, L-shaped home at 228 Diane Pl. in Paramus. The 6-bedroom, 6.5-bathroom house hit the market at $2.55 million, with Tony Nabhan of Keller Williams City Views Realty as the listing agent (click her…