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Since the onset of the coronavirus pandemic, housing prices in New Jersey have soared, and homes have been flying off the market within days. While today s heated market may call to mind a similar trend from the mid-2000s, experts say this time around there s no real concern about another mortgage crisis caused by recent sales demand for homes and the loans going to buyers are completely different today compared to 15-20 years ago. The market may see a housing correction in the year or two ahead in the way of prices, but industry observers do not expect to see another bubble burst like the one that triggered the Great Recession in 2007.

Montclair state universityNew jerseyUnited statesJeffrey otteauKevin riordanHudson atlantic realty advisors in matawanGreat recessionMontclair stateGarden stateHudson atlantic realty advisorsமோண்ட்கலைீற் நிலை பல்கலைக்கழகம்புதியது ஜெர்சிஒன்றுபட்டது மாநிலங்களில்கெவின் ரியார்டன்நன்று மந்தநிலைமோண்ட்கலைீற் நிலை