Sunday, March 22, 2009

CURRENT HOME SALES AND FORECLOSURE STATISTICS













CONSIDER THAT THE HIGH AMOUNT OF FORECLOSURES
DISTORTS THE PRICING COMPARISONS
AND AS THE FORECLOSURES ARE SOLD
THE PRICING COMPARABLES WILL CHANGE
TO REALISTIC NUMBERS

2 comments:

richard stabile bergen County new homes said...

In many parts of the country the market volume has picked up. In Florida which is one of the hardest hit, volume is now up for 5 months in some areas. The same goes for Southern California, Nevada and many other areas. Bergen County has not been hit as hard as these areas and did not go up as much as they did. Bergen was lucky not to be that speculative of an area. The bottom has been forming in my opinion, although it is taking time, there is a lot of money coming back into the market from the federal government in many forms. It will really start to be felt in the next month or so.

Marilyn Farber Jacobs said...

Thank you, Richard, for your observations, they are much appreciated and confirm what our realtors in southeast Florida have been finding. We agree that this is the bottom. Best wishes in Bergen County.

Regards,
Marilyn