REAL ESTATE IN KEARNY/NEWARK....FROM A REALTORS VIEW

December 16 update

December 16th, 2008 7:23 PM by Manuel Couto, CRS, CRB

Well,

the Holidays are upon us, and Realtors and all gathering to discuss the past year.  One thing in common, the market is slow.  Another thing in common, it's going to get better.  That's coming from the older more experienced Realtors. 

We've been through this before, and as history repeats itself, it's going to be long ride out. But out it will be.  Inventory is not increasing as before, but buyers are still buying and closing on homes. The investors are chomping at the bit as prices keep on dropping.

It's a classic Tipping Point. At some time, no one wants to wait anymore and they will buy. Once one starts, they all start.

Buy now, rates are low, and maybe going lower.  Don't let this be your would have could have should have market place.

Posted in:General
Posted by Manuel Couto, CRS, CRB on December 16th, 2008 7:23 PM

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