New Jersey's red-hot real estate market continues to leave many would-be buyers in the dust, with a local agent sounding the alarm that the average person is being priced out of the market. Despite sellers often accepting offers above the asking price, a staggering $150,000 over the initial asking price may not be enough to secure a home in the state. According to the agent, the intense competition and skyrocketing prices are making it nearly impossible for the average buyer to afford a home, highlighting a growing concern about the state's affordability crisis. As the demand for housing in New Jersey shows no signs of slowing, the question remains: what's the solution to make homeownership accessible to more people?
$150K over asking isn't enough: NJ real estate agent warns ‘average person’ is being priced out Fox Business
