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Northwest Bergen County Rebounds

By
Real Estate Agent with Keller Williams Village Square Realty 0569304

The last 30 days have been very busy in local real estate.
The number of homes under contract in northwest Bergen has risen 24% from the same period last year, and is up 13% from 2006.
These statistics are quite remarkable given the condition of the economy. One explanation is that buyers have been in "wait and see" mode for a long time and have decided that prices have come down enough to make buying attractive again. Another is that sellers have gotten the message and are willing to accept lower prices.
However you interpret it, it's a great beginning to the fall market.

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