Economists say that if the inventory of homes on the market is under 8 months, prices will remain stable. A look at the number of active homes around Bergen County shows that inventory in several exclusive areas is under 8 months, despite a county-wide average of 8.9 months. For more information about the inventory in your desired area, drop me an emailand I'll get back to you promptly.
source: NJMLS. Info deemed reliable but not guaranteed.
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