Pending sales had another drop this week. I have seen things slow a little over the past few weeks, but I think it's just a seasonal adjustment. I think that the super low mortgage rates are hoping to slightly bolster activity in the area.
Pending Sales for Hoboken August 6, 2010:
154 dabos vs. 159 last week (3.1% decrease)
Pending Sales for downtown Jersey City August 6, 2010:
104 dabos vs. 108 last week (3.7% decrease)
Information provided by:
Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957
Email: info@hobokenjerseycity.com
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