Light at the end of the Tunnel in the Pascack Valley Real Estate Market
As a Realtor one of my passtimes is to continually monitor which homes are going Under Contract, which homes are being reduced, and which new listings look particularly enticing for my buyers. This is a constant watch, since what happens daily will affect the market value of homes currently on the market, homes coming on the market, and what will determine value during negotiations of contracts I will be writing for my clients.
It does appear that many homes are going under contract. What is also very interesting is that I have been receiving many more calls from buyers in the past few weeks, perhaps a sign that the market may be getting a bit stronger.
Even though inventory appears to be increasing (64 homes currently on the market in Hillsdale), the number of buyers appears to be increasing, particularly buyers who are interested in seeing homes and placing offers.
I do believe that those Realtors who are in this for the long haul will soon be seeing light at the end of the tunnel. This is a wonderful time to be purchasing a home. The extraordinary values out there in the Pascack Valley are truly remarkable. Once this market turns, the astute buyers who purchased in 2007 will be smiling, knowing they made a wonderful move!
If you would like information about Pascack Valley Real Estate, please visit my website, SusanLaskinRealtor.com, the only Real Estate website you will ever need. Enjoy your visit! My Focus is on my Clients' Goals!
Susan Laskin, #1 Sales Associate 2007 YTD, 2006 & 2005, in the ONLY Pascack Valley Coldwell Banker Office, 50 Broadway Hillsdale New Jersey 201-930-8820, Cell Direct 201-615-5353. © 2007 Susan Laskin.
Enjoy this blog? Be sure to read some of my other blogs including "Has The Real Estate Market Bottomed Out?"