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Will the NJ Housing Market Continue Upward Trend in 2013? [AUDIO]

For the first time in four years, existing home sales are on the rise and new home sales are up about 24 percent.

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Home Sales
Scott Olson, Getty Images
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Home Prices Rise in October

US home prices rose in most major cities in October compared with a year ago, pushed up by rising sales and a decline in the supply of available homes. Higher prices show the housing market is improving even as it moves into the more dormant fall and winter sales period.

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Home Sales
Tim Boyle, Getty Images
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US Home Sales Surge to Highest Level in 3 Years

U.S. sales of previously occupied homes jumped to their highest level in three years last month, bolstered by steady job gains and record-low mortgage rates. The report was the latest sign of a sustained recovery in the housing market.

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Home Sales
Tim Boyle, Getty Images
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Home Prices Rise in October by Most in 6 Years

A measure of U.S. home prices rose 6.3 percent in October compared with a year ago, the largest yearly gain since July 2006. The jump adds to signs of a comeback in the once-battered housing market.

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For Sale Sign
Terry Vine, Getty Images
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US Pending Home Sales Jump to Nearly 6-Year High

An index measuring the number of Americans who signed contracts to buy homes in October jumped to nearly its highest level in almost six years. Steady job gains and record-low mortgage rates have made home buying more attractive.

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Homes for Sale
Flickr User Images_of_Money
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Sales of New Homes Fall

U.S. sales of new homes fell slightly in October and September sales were slower than initially thought. The October sales pace was dragged lower by steep declines on the East Coast, partly related to Superstorm Sandy.

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House Sale Pending Sign
Flickr Bunches and Bits {Karina}
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3.8 Percent Real Estate Tax – Dispelling the Myth

Many folks have been calling and asking questions regarding the new 3.8% real estate tax. Will this affect most home sales? Will the average seller who already has a problem selling their home be charged a tax on top of it? Here's what you need to know.

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Home Sales
Tim Boyle, Getty Images
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Measure of US Home Prices Rises by Most in 6 Years

A measure of U.S. home prices jumped 4.6 percent in August compared with a year ago, the largest year-over-year increase in more than six years.

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Housing Construction
Spencer Platt, Getty Images
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New Jersey’s Housing Market Recovering Very Slowly [AUDIO]

The financial services giant FISERV is out with a new report that predicts home prices will rise 3.7 percent over the next several years.

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For Sale Sign
Terry Vine, Getty Images
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Good News on Home Sales Boosts Stocks

A pair of encouraging reports about the housing market gave U.S. stocks a small boost Wednesday.

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