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low inventory plus higher rents: Low Inventory + Higher Rents = ? - 12/23/11 09:59 PM
A case could be made that this could begin to lead to price increases in the near future.
Additionally, recent news on the economy has been getting better lately and you know what this could lead to....... interest rates might start to go up!!
Hoboken is experiencing extremely low inventory of available condominiums. As of today, there are only a total of 215 units available for sale.
Six months ago, there were nearly 400 condos on the market!
If the current demand picks up just slightly, it just might ignite the lackluster activity of the past 3 months where we've averaged … (3 comments)
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Eddie Perez - Hoboken Metro Living
Hoboken,
NJ
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Re/Max Gold Coast Realty
Address: 56 Newark St, Hoboken, NJ, 07030
Office Phone: (201) 795-0100
Cell Phone: (201) 344-2886
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