Sounds like a Star Wars episode, but, it would seem that local Central NJ Real Estate market sales, aside from forclosures, are beginning to move in a positive direction. This may be due primarily to the drop in the mortgage rates, which are around 5% more or less. While house values are still trickling downward, they are not moving as fast as they were last year. Could this mean the bottom is here. Some experts are saying that the end of this year we should be seeing a bottoming of prices, but some markets in NJ are still holding up.
All in all, it's a great time to buy your new home. Log onto my website, www.Mike-Carnese.com, and begin to make plans to buy a home in the Central NJ area, including Somerset, Hunterdon, and Middlesex counties.