North Jersey's real estate market sees increase in inventory

Homes for sale across the nation also stayed on the market for about 55 days, which is seven more days than this time last year and two more days than August 2024, according to Realtor.com. The Federal Reserve announced its first rate cut since March 2020 in mid-September. During the week of Sept. 26, the interest rate was 6.08% for a 30- year fixed-rate mortgage and…