New Jersey Real Estate

Blog by Karl von Loewe

Hillsborough, New Jersey

Real estate market information and occasionally spirited opinions about residential real estate in Somerset, Hunterdon, Mercer and Middlesex Counties by a REALTOR® with over a quarter century of experience. COMMENTS ARE WELCOME. Please use the Add Comment link at the bottom of the posting.

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Bottom of the Market?

Posted at New Jersey Real Estate by Karl von Loewe

Oct. 31, 2007

Categorized in: Real Estate

Tagged with: opinion, real estate market, realty times

Blanche Evans, editor of Realty Times, yesterday posted a pithy article suggesting that the media have tired of reporting negative views of the real estate market, and in doing so may have indicated that the market has hit bottom. Read the entire article: http://tinyurl.com/38hqor

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User Comments

1. RE: Bottom of the Market?

Written by: Farrah Hernandez

Oct. 31, 2007

Its a little scary right now, its slow around here.

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2. RE: Bottom of the Market?

Written by: Juanita Buskard

Oct. 31, 2007

I too have felt a little sober about the market and yet there are incredible opportunities out there. Most of my buyers (while I don't have an over abundance of them) are able to find homes that they wouldn't have been able to afford 2 years ago. In fact, that's why they are still renting when they come to me to look for a house. Decent housing in the under $100K price range used to be non-existent in our area. Now I have a couple looking at houses with 2 1/2 to 3 stall garages only and finding plenty to consider. Investors who have money they can part with for a few years aught to be buying up real estate right now.

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