New Jersey Real Estate

There are currently 2 blog entries related to this category.

Real Estate Market Hits Bottom In April 2008

Saturday, May 10th, 2008 at 9:53pm. 135 Views, 0 Comments.

Wall Street Journal Speaks

According to the Wall Street Journal, the real estate market has hit bottom.  Rates are still low and prices too with plenty of inventory.  Take a look at the article. Ready to start your house hunt?  Give Susan Zanzonico a call on 973-214-5872 - NJ Real Estate - Morristown NJ Real Estate - Chatham NJ Real Estate

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Jeff Otteau's Market Outlook for New Jersey Real Estate

Monday, December 31st, 2007 at 4:12pm. 863 Views, 0 Comments.

Real Estate Market

A brief synopsis of Jeff Otteau's real estate market analysis for the future.  Contract sales reached the lowest level since 2005 in November coming in 18% lower than the previous month.  The unsold inventory in New Jersey fell for the 3rd consecutive month reflecting 64,000 homes compared to August's 72,000.  This reduced number is driven by a weak market rather than an indication of sales.  Sellers are deferring their selling plans until the Spring and home builders are slowing he pace of new construction. The decline of home prices is predicted to continue into 2008.  Home Sellers...this trend strongly indicates that waiting to sell your home would not be the best choice to net the maximum price.  When pricing your home, Right…

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Susan Zanzonico
Susan Zanzonico
I'm an experienced RE/MAX agent and will focus on your specific needs and provide quality service. Call me for your real estate needs ~ 973-214-5872.
Call me ~ 973-214-5872

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