New Jersey Real Estate Market Update for May 2014



There are a variety of opportunities in the New Jersey real estate market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

New Jersey Real Estate Market Update


Today I'm going to provide you with a brief real estate market update for the New Jersey area. My goal is to educate you in order for you to make better decisions in regard to real estate.

I would like you to know that at this point in time we have transitioned from a buyer's market into a seller's market, and this is true in most towns and in most price ranges. In many cases this has allowed consumers to experience fewer days on market, higher sale prices, and multiple offers (on the best homes available). 

If you're selling, you can take advantage of the low inventory around New Jersey. Because you're competing against fewer properties and you have access to more buyers, it will probably mean that you can lock in a good home price. If you're on the fence about buying, I will tell you right now that you may not see a better time to sell your home for a while. You have a great opportunity right now, and I would urge you to take advantage of it if you are thinking about selling. 

Buyer activity has been great, so your home will surely be garnering a lot of attention from consumers. This translates directly into a better selling experience for you. 

If you're a buyer, don't be intimidated by the fact that the New Jersey markets are favoring sellers. You can take advantage of historically low interest rates that can save you hundreds of thousands of dollars over the course of your loan. Right now, affordability is at an all-time high. You just need to know what you want and you need to be ready to take action in order to get the home that you desire.

Please contact me if you would like to take advantage of this fabulous market in the New Jersey areas. Whether you're buying or selling I can provide you with assistance to make your transaction as smooth and pain-free as possible.

I look forward to speaking with you.