millenials: 2015 Bergen County Real Estate Market - 08/05/14 02:19 AM
I have to smile when sellers excitedly tell me "I think the market's back!" Ok. But, let's not forget the market dropped at least 20% from its high, in 2006-08, and it's only up 5-8% in this market.  And, I wouldn't be just considering the percentage of price increase.  I'd be looking at who is buying, how much house they're buying, how much mortgage they'll need, and  --- what price range it's in. 
We're seeing a lot of movement in the "up to $500k market," and some in the "up to $800k market," but the "$900k-$1,400,000 market" is still shaky, and the … (0 comments)