Guide Me Home to North Jersey

First of all, I hope you have had a great summer!

Real estate sales have risen for six straight months in the State of New Jersey, which is stronger than the national increase, according to Jeff Otteau of the Otteau Valuation Group in his June 2009 “The Otteau Report.” This has been spurred by a rise in new home sales, low interest rates, and the $8,000 first-time home buyer credit.

While we are surely not out of the real estate woods, potential buyers and sellers are showing more optimism than this time last year. If you are one of those potential buyers or sellers, this may be the time to put your house on the market or to start seriously looking. The spring market is historically the biggest market, but there is a lot to be said for the fall market, smaller only due to the shorter time period.

If you are a buyer, homes that were listed in the spring at a high price might be negotiated down successfully to a price you are happy with. If you are a seller, fresh, well-priced inventory is always welcome to the serious buyer.

As a sales associate with Turpin, I invite you to call me and discuss your options, whether buyer or seller. I can show you what has happened in your community in 2008 vs. 2009, as well as provide you with information on active and sold inventory. This type of factual information will help you make the right buying or listing decision. You may email me at mjbenedetto@turpinrealtors.com or call me at 908-234-9100, x203.

Looking forward to meeting with you!

Posted by:Mary Jane Benedetto