I get lots of calls for the rentals that I have listed and many are those that can afford to buy a home but are uncertain whether or not to buy now. I have a very simple answer for those in queston, with the current economic conditions and with everything being equal I recommend to buy and take advantage of the low interest rates and very reasonable property values. Remember that over the life of a 30 year loan you may be saving tens of thousands of dollars as compared to when interest rates or property values are higher. Ridgewood is a fantasitc area to invest in, having high quality schools and tons of things to offer. If you are confused about the information / misinformation from the media feel free to contact me and I will see if I can shed some light on the local market.
About the author: Jeffrey Helton is a RE/MAX Elite Associates sales agent/ REALTOR in Montvale, NJ and specializes in Ridgewood, Glen Rock, Wyckoff, Ho Ho kus, Hillsdale, Westwood and Washington Township. If you are interested in buying or selling real estate in these areas contact Jeff at 201-566-8272 or visit his high tech website at GettingMyHouse.com. Jeffrey is also the creator of RidgewoodBuzz.com an online experience for Ridgewood residences.