Home Prices in Clifton, NJ - 12/18/08 10:29 AM
12/18/2008 Clifton, NJ
“Are we at the bottom of the Real Estate market at this point in time?” and “How much lower can the prices of homes in Clifton, NJ go?” are probably the two questions that I hear the most from both the buyers and the sellers. My answer is “I do not know”. We all know that there are some models out there showing the prices declining another 10% or even 20% from today. There is also some anecdotal evidence that the market is bottoming at this point. I think the buyers are beginning to see the advantage of … (1 comments)

Home Prices in Clifton, NJ - 12/09/08 10:47 AM
I just updated my sold statistics for Clifton, NJ and no surprise there; the prices are again sliding down. In the past three months single-family homes in Clifton lost about 3% of their value. The annual decline is about 11% (from November of 2007). There were only 20 closings for single-family homes in November 2008. This is an extremely low number for Clifton even at this time of a year. Another, disappointing news was that the average time on the market increased to 93 days from 77 days one month ago. Also the statistics show the difference between the average asking … (0 comments)

 
Tabor2

Kristof Tabor

Clifton, NJ

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RE/MAX Realty Professionals

Address: 825 Allwood Rd, Clifton, NJ, 07012

Office Phone: (973) 773-4000 x 32

Cell Phone: (973) 930-5222

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