bergen county home sales: Bergen County Homes Under Contract NJMLS - 11/01/10 10:07 PM
Bergen County homes under contract are trying to hold their lows. After a good spring the seasonal pressures are weighting down volume. Holding last winters low is an important technical pivot to next springs outlook. Declines in prices and low interest rates are possible fuel to having a good spring selling season.

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bergen county home sales: Bergen County Home Sales Under Contract Monthly at 4 Year High - 05/07/10 11:21 PM
Bergen County Homes under contract at the end of April hit 4 year high. The Graph below shows the market action. In our March 3rd report we showed a declining diagonal triangle along with the breakouts. "Stating the pace had to pick up now". Well it did and it looks like in May and June it could make more headway. This has changed the direction of this market. Prices are lower but in some markets they are looking better. Lets hope the Wall street heavy finger doesn't change the outlook.


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bergen county home sales: Bergen County Real Estate Homes Sales Continue Stronger Volume - 04/24/10 09:10 PM
Bergen County real estate home sales continue to improve over last year. Inventory at March 31, 2009 for residential sale in Bergen County 4160 Homes. At the end of March 2010, it was 3724 active listings, about a 9.5 percent decrease. Under Contract for the same year over year 548 vs 392, about a 40 % increase in 2010, a three year high. Along with a clear change in psychology, this market is moving. If things are prices to sell they will get multiple bids. There are people now buying in the intermediate high end $1,000,000-$3,000,000. Although still challenged by the … (3 comments)

bergen county home sales: Bergen County Homes Under Contract NJMLS Hold Volume Lows! - 03/03/10 09:54 PM
Bergen County Homes under contract at the end of February hold and diverge the low. It broke out of a diagonal triangle decline which ended in December of 2008 and put in a higher low in December 2009. With a higher sales volume peak of pending home sales in mid 2009 over 2008, there should be a strong move this spring. Somewhat hampered by the weather in January and February, the later spring should see good action. The Graph below shows the market action. Note the declining diagonal triangle along with the breakouts. The pace must pick up now.
 

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bergen county home sales: Bergen County Home Sales NJMLS UC at 24 Month High! - 07/02/09 11:12 PM
Bergen County Homes sales under contract in the NJMLS have hit a 24 month high. Junes 669 contracts is the high month back to May 2007. This is encouraging, as home price declines, favorable available mortgages, pent up demand have help move some inventory. The hope is that prices stabilize and allow people who need to sell to do so. These times are an opportunity for buyers of all kinds. Many people are trying to find there way into the market. When you look around the country you see many markets which have now turned from buyer to seller's market. Not that … (5 comments)

 
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Richard Stabile Bergen County New Homes Builder Realtor

Woodcliff Lake, NJ

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