galloway: Atlantic County NJ - Sold Properties First 6 months 2008
- 07/13/08 08:12 AM
So what's the latest market info for Atlantic County? We are continuing to see a downward trend in the total number of homes sold. There are many reasons for this continued decline. Certainly, the tightening of the credit markets is a large reason. The loose lending practices of the past are gone. There has also been an increase in the interest rates over the last couple of years and when interest rates increase, Buyers qualify for lower mortgage amounts and cannot pay as much for a home. We also have to consider that from years 2000 through 2007 we experienced … (1 comments)
So what's the latest market info for Atlantic County?
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