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Tag: real estate market news

This NJ town ranks 4th for hottest real estate markets in the nation. See top 150 list.

lolita, 11/04/2025

New Jersey’s fiercely competitive real estate market has 32 NJ towns ranked in the top 150 hottest housing markets in the nation, the latest Realtor.com data shows.

The highest New Jersey entry on the list was Montclair at 4th hottest in the nation as of February, according to Realtor.com. Montclair had a median listing price of $844,250 last month.

New Jersey also has four of the top 10 real estate markets and 25 of the top 100 spots on the latest list.

Nationally, a part of Columbus, Ohio and Ballwin in Missouri have the top two hottest markets.

Realtor.com calculates its hotness rank based on supply and demand data on its site, Sara Wiskerchen, director of corporate communications at Realtor.com told NJ Advance Media in an email.

Realtor.com determines demand based on unique views of properties on Realtor.com, and supply through the number of days a property has been actively listed on Realtor.com. These two scores are then averaged to create a hotness score, and then ranked.

Can’t see the table? Click here.

Thank you for relying on us to provide the journalism you can trust. Please consider supporting NJ.com with a subscription.

Amira Sweilem may be reached at [email protected]

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A Start Of A New Era In Property Management

lolita, 31/03/2025

A general view from a balcony of the Trump Palace luxury condominiums on Sunny Isles Beach, Florida, … [+] on May 15, 2017. – More than half, 54 percent, of Miami foreign real estate buyers come from Latin America, according to the National Association of Realtors.(Photo by RHONA WISE / AFP) / TO GO WITH AFP STORY by Leila MACOR , Lifestyle US luxury architecture urban-planning (Photo by RHONA WISE/AFP via Getty Images)

AFP via Getty Images

Blockchain technology continues to evolve despite all the discussions, prejudices, regulatory obligations, and speculation. An already-existing application of blockchain technologies — tokenization — has recently found itself a real-life use case in real estate.

Tokenization has been around almost as early as blockchain appeared, and it has been looking up to a bright future from day one. Estimates by McKinsey show that the volume of tokenized digital securities will reach $5 trillion by 2030.

Real estate tokenization seems like it will significantly contribute to this growth. The market size for real estate tokenization was $2.7 billion in 2022, and its growth trajectory indicates that it could reach $16 trillion by 2030 according to a report by the Boston Consulting Group.

Let’s look into

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