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August Housing Stats for Six Counties Released, Get Ready to Share Them!

While there are some increases in new listings and closed sales locally in August over July, higher mortgage rates, along with elevated sales prices and a lack of housing inventory, have continued to impact market activity.

Click here for NEXUS' QuickStats to learn the local market trends or share with clients. Burlington, Camden, Gloucester/Salem, Monmouth, and Ocean Counties are all available.

Bordentown is Revitalizing: Read the Full Plans Here

Along with the Bordentown Bypass and a Township Waterfront Park, Bordentown is developing residential housing and commercial centers in the near future.

The NEXUS Legislative Committee sat down with Bordentown's Director of Community Development as he provided NEXUS members a descriptive overview of the township's planning initiatives.

Offshore Wind Plans, the Answers to Questions Provided by REALTORS®

On July 5, 2023, plans for construction and operations of the Ocean Wind 1 project offshore New Jersey were announced. On August 30th, New Jersey REALTORS® held a Q&A with the New Jersey Board of Public Utilities and REALTOR® members.

Click here for the questions and answers provided, including but not limited to:

• What is the effect on tourism and homeowners alike?
• Where will the turbines be located?
• When will the project be complete?

NEXUS Morning Connect; How to Use Two Different Federal Loans

NEXUS' "Morning Connect" series is a jolt of knowledge in topics related to your industry, free for all NEXUS members. Register today for our next two available sessions:

Understanding VA Loans is a live webinar hosted by Laura DiStefano of Gateway Mortgage on October 13th from 10-11 am. Register here.

USDA, Rural Development Guaranteed Housing Financing Options is a live webinar hosted by Cassie Pfeiffer of the USDA on October 25th from 10-11 am. Register here.

Treat Yourself to Beautiful Fall Mums and Support Local Charities in Need

Help raise money for local charities by buying flowers for yourself or a loved one from the NEXUS REALTOR® Community Service Committee. This annual Fall Mum Sale offers 8 inch Mums in a variety of colors at $9 each or 3 for $25.

Fill out this order form and return it to books@nexusaor.com no later than September 28th. Flowers will be available for pick up at the NEXUS Toms River Office on October 5th and at the Cherry Hill Office on October 6th.

Invest in RPAC by October 2nd to Receive 1 Circle of Excellence Unit

October 2nd is the deadline to receive 1 industry unit toward the Circle of Excellence Awards® by investing at least $100 in REALTOR® Political Action Committee (RPAC). Invest in RPAC today.

In addition, New Jersey REALTORS® recently announced rule changes for the 2023 Circle of Excellence Sales Awards®. The changes include adjustments made to rental calculations, advertising, and more. Read the changes here.

Read Bright's Full Mid-Atlantic August 2023 Market Report

The median home price in the Mid-Atlantic region was $401,000 in August, only slightly below the all-time high recorded in June. Get the full story here.

Free Live Webinar Training with Bright MLS

10/11/23 | 10:00 am - 11:00 am - Creating a CMA with Bright MLS

10/11/23 | 11:30 am - 12:30 pm - Listing Entry & More

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NEXUS Association of REALTORS^®

306 Kings Highway South, Cherry Hill, NJ 08034

(856) 428-1013

271 Lakehurst Road, Toms River, NJ 08755

(732) 244-8111

www.nexusaor.com membersupport@nexusaor.com 



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