In less than sixty days, the New Jersey legislature complied with the court order to address the issue of same sex marriages. I wrote about this very topic as it relates to a New York Times article purporting expected increases in home sales, Somewhere Over The Rainbow.
New Jersey joins the ranks of Vermont and Connecticut, as the Governor has indicated he will sign the bill into law. Massachusetts is the only state in the union to have sanctioned marriage for same sex couples and California has domestic partnerships.
I still maintain that we will not see any appreciable difference in sales activity as a result of the new bill. The market condition in New Jersey is much the same as the rest of the country. Days on market for most listings is at least sixty days, buyers remain skeptical and sellers are feeling the pressure.
Real Estate professionals in New Jersey, like elsewhere, must stay the course and make sure that consumers know that Real Estate Opportunities Abound For Buyers. Despite the media's adverse press about the real estate market, now more than ever buyers should be looking to make offers and acquire property.
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