2008 is turning into a continuation of 2007, only rather than dead slow home sales, we instead are seeing many more home sales, but at a lower average price point in Morristown NJ.
To see my report on Morristown NJ visit my other blog at Morristown NJ Real Estate
Morristown Home buyers should feel confident that they are being presented with some very good homes which in many cases are value priced. Added to this great situation we have some very interesting new construction homes availible such at the 40 Park condominiums, Vail Commons, & Dehart Place. The condominiums at Vail Mansion seem to be sold out now, and it has been revealed that 40 Park may have as many of 40% of their condominiums under contract as of the end of May.
If you would like to investigate what Morristown NJ has to offer and or search all the homes currently listed for sale in our local MLS system, visit Morristown NJ Real Estate.
3 responses so far ↓
1 Curtis Reddehase (3 comments.) // Jun 16, 2008 at 2:20 pm
Your prices may not be what sellers want, but at least you have movement. No movement in any market regardless or value is scary.
2 Editor - Property House (1 comments.) // Jul 14, 2008 at 8:44 am
Would be interested in the trends for July after the debacle with Fanny Mae & Freddy Mac. Guess mortgages are going to be difficult to get approved.
3 James (12 comments.) // Jul 16, 2008 at 5:06 pm
Oh we have movment in the Morristown NJ Real Estate market. Things are selling, it will be interesting to see July and Augusts statistics considering the crazy stuff going on with Fanny Mae & Freddy Mac and even Indymac.
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