Providing The Latest and Most Up-to-Date Real Estate News for Hoboken and downtown Jersey City
My name is Kevin Dowd and welcome to my real estate blog. This blog is meant to educate local buyers and sellers in Hoboken, downtown Jersey City and the surrounding areas by providing up-to-date real estate sales statistics. Area-specific commentary is also provided that will provide you with a fresh perspective on the local real estate market.
Monday, November 23, 2009
Resales Rise 10.1% in October. Biggest Gain in 10 Years.
In another sign that the housing marketing is entering into a recovery/growth phase, resales rose 10.1% in October. This increase is the largest in 10 years and is an indicator that the bottom has hit and the market is trying to recover and grow.
Many of my buyers have been who have been on the fence have decided that now is the time to buy while prices are still low.
1180 sq. ft. within walking distance to the Hoboken PATH with parking for 545k?
1170 sq. ft at The Portofino (65 2nd Street) with great views for 570K?
These prices are super low....time to jump in!
Information provided by:
Prudential Castle Point Realty
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This is very good new for this market. When someone tend to buy a house, there are many Important things to Consider. Therefore, if we know what buyers want to have, we may sell the property more quickly.
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Keep it up. Continue blogging. Hoping to perusing your next post.
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