Thursday, April 22, 2010

Good News! Resales Are Up This Month!

Many of my Hoboken and Downtown Jersey City readers will be pleased to read the following.....

The economy is improving, with home sales up, jobless claims down and inflation tame. Yet there are concerns the economic rebound won't get much juice from the housing market, which is being fueled by government tax breaks.

Sales of previously occupied homes grew by nearly 7 percent last month, more than expected, the National Association of Realtors said Thursday.

It was a welcome sign after three months of national declines, and a solid kickoff to what's expected to be a strong spring selling season.

I can say for certain that things have picked up in the Hoboken/Downtown Jersey City areas.

Information provided by:

Kevin Dowd
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
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Has the market stabilized?

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