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What's Driving the Real Estate Market? That's The Million Dollar Question!

By
Real Estate Agent with Christie's International Real Estate



Now that's the Million Dollar Question!  What is Driving The Real Estate Market?
 


Driving

You can ask a dozen Real Estate Agents and you will most likely get a different Opinion from each one. 

Some of those answers may be any of the following:

  • The Media reports are all gloom & doom so it must be their fault
  • The Interest Rates are Historically low, low, low
  • The Inventory is Historically high, high, high
  • The Economy is Strong so there's money to be spent
  • The Unemployment Rate has remained very Low so there are Jobs for everyone
  • The Stock Market - well, that's always Up & Down!
  • Realtors are either very Slow or extraordinarily Busy
  • The Weather is either Too Cold or Too Hot - Sounds Like a Fairytale

The fact of the matter is that it's always a combination of all of these factors.  We don't live in a vault and everything that goes on in the World affects the state of The Real Estate Market.


Just our Two Cents...

Posted by

If you or someone you know is planning a Move in the near future, call your Pascack Valley experts, Lisa & Bob Hammerstein at  or visit us on our website at www.HammersTeam.com.  We'll be able to help you if you're Moving to any of the Pascack Valley towns in Bergen County New Jersey.


Your Real Estate Resource for Bergen County and the entire Pascack Valley!

Christies International Real Estate

__________________________________________________________________

 

Robert & Lisa Hammerstein • Sales Associates • Christies International Real Estate

(201)476-0777
Direct Cell (201) 315-8618

Address • 313 Broadway • Westwood, NJ 07675 •


 


DISCLAIMER: I must disclaim liability for any damages or losses, direct or indirect, that may result from use of, or reliance on, any information contained in this blog, or for the accuracy of comments or opinions expressed by visitors to my blog. The information contained in the articles is deemed reliable but is not guaranteed, and the opinions expressed in these articles are mine. Any party who uses this material  including photos, without the written permission of  Robert Hammerstein is subject to copyright infringement and possible lawsuit.



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Robert and Lisa Hammerstein - Agent at Keller Williams Valley Realty

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Michele Miller ~ REALTOR®, LMC, HSE, CHS, SRES, CMRS
ERA Key Realty~Worcester County Realty Group - Worcester, MA
'Helping You Make the Best Move"

Robert,

GREAT POST! I am extremely busy, which is good!

Jun 22, 2010 11:34 AM
Robert Hammerstein
Christie's International Real Estate - Hillsdale, NJ
Bergen County NJ Real Estate

Michelle - Yes us as well. Glad to hear it. Thanks for stopping by

Jun 23, 2010 01:59 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Bob, we have a very cautious market in our area. The unemployment rate in the state is high and in the town I call home it's the highest in the state. Historically Ct was the last state to feel a recession and the last to come out and that is holding true as well.

Jun 23, 2010 02:17 AM
Robert Hammerstein
Christie's International Real Estate - Hillsdale, NJ
Bergen County NJ Real Estate

Ed - Yes it has taken some time to reach the east coast but as we all know it has arrived. Thanks Ed

Jun 23, 2010 05:23 AM