NEW JERSEY SHOWS GREAT NUMBERS ALL AROUND

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Real Estate

WELCOME TO SOME VERY POSITIVE NEWS ABOUT THE STATE OF NEW JERSEY.  

THERE ARE ONLY TWO COUNTIES THAT HAVE NOT SEEN A RISE IN HOME PRICES, AND THEY ARE HUDSON AND ATLANTIC COUNTIES.  ALL OTHER COUNTIES DO NOT HAVE A GREATER SUPPLY THAN 4 MONTHS.  ANY TOWN OR COUNTY THAT HAS LESS THAN A 7 MONTH SUPPLY INDICATES PRICES ARE INCREASING.

IN MAY, NEW JERSEY ADDED 86,800 JOBS AND NEW JERSEY CONTRACT SALES ARE UP YEAR ON YEAR BY 28%.

YEAR ON YEAR THE 1.M - 2.5M PRICE RANGE SAW AN INCREASE OF 101%.

 

ON A NATIONAL LEVEL UNEMPLOYMENT CLAIMS HAVE DECLINED BY 6.85 MILLION SINCE PEAKING IN EARLY MAY AFTER REACH AN ALL TIME HIHG IN APRIL.

 

****IF YOU ARE THINKING OF BUYING OR SELLING, NOW IS THE TIME.  INVENTORY IS LOW AND MORTGAGE RATES ARE AT A HISTORIC LOW****WHAT ARE YOU WAITING FOR!!!!