The New Jersey Skinny - Report for April, 2015

By
Real Estate Agent with Coldwell Banker, Westfield, NJ

Housing Market

The New Jersey Skinny - Report for April, 2015
Inventory Needed

With the harsh winter seemingly behind us, the New Jersey real estate market is heating up.  While the demand for homes is up, inventory is still lagging, creating upward pressure on prices and a sense of urgency among Buyers.

However, the continued low interest rates are keeping Buyers in the game, for now.

Keep an eye on stats such as Days on Market, Absorption Rate, and List Price-to-Sales Price Ratio for insights into where things are headed throughout the year.

 

If you are thinking about making a move or have any real estate needs, please CONTACT ME!!

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