How's this for amazing FACTUAL news about the New Jersey Real Estate Market. The article below was released to the press today and further verifies my views on real estate in New Jersey and specifically Mercer and Burlington Counties.
All Real Estate is local!!! Now these are headlines to read and enjoy.
As always if you have any questions or need any additional real estate information The Desiree Daniels Team is here to help (609) 448-2222
New Jersey Defies National Housing Trends:
Home Sales Up 4 Percent
(Edison, NJ)- Sales volume of existing single-family homes, condominiums and co-ops in the first quarter of 2008 increased 4 percent from the same period last year, indicating New Jersey continues to defy national real estate trends. According to statistics released by the NATIONAL ASSOCIATION OF REALTORS® (NAR) today, New Jersey's seasonally adjusted annual rate of home sales equaled 169,600.
"Unlike most of the nation, the New Jersey housing market remains stable," said 2008 NJAR®President Drew Fishman, CRS. "Nationally, total sales for single-family homes, condominiums and co-ops dropped by 22 percent from the previous year, while New Jersey was one of three states to show an increase. This is just further evidence that New Jersey does not follow national real estate trends."
"New Jersey's housing market continually out performs other areas of the country," said NJAR®Executive Vice President Jarrod C. Grasso, RCE. "The Garden State's proximity to New York City and Philadelphia, its extensive transportation infrastructure, and many other positive market forces contribute to the state's healthy real estate market."
Read More Here - New Jersey Housing Trends - Home Sales Up 4%
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Contact Desiree Daniels, ABR, Realtor, and Licensed in New Jersey (609) 448-2222 or (609) 587-9300 ext 312. If you are interested in purchasing a property in Mercer, Burlington or Monmouth County. Or the Following Townships Robbinsville, Hamilton, Washington, Mercerville, Ewing, Lawrenceville, Hopewell, Bordentown City, Bordentown, Florence, Foxmoor, Town Center, West Windsor, Princeton, Washington Town Center, Robbinsville Town Center, Sharbell Copyright © 2008 By Desiree Daniels and The Desiree Daniels Team. Re/Max Tri County. All Rights Reserved.
Well aren't you or N.J. the cats meow. I thought you were going home, via twitter.
Desiree.... sales are definitely up... I just picked up two buyers from one realtor today.... and it wasn't you. ;o(
Hey, on another note.... you haven't commented on the AR gathering that I am putting together for next week. It's next Thursday, the 22nd.... let me know. thanks
That is GREAT news!!! Our market is really picking up also. I know that I can always count on you to keep up with the news that really matters. GREAT JOB!
It's so refreshing to finally hear some positivie news...even if it's on the wrong coast LOL!
That is definitely news! National news even!
We're having similar news in Northern CA...and our office is outperforming the market. Awesome!
The challenge I hear from the fence sitters is "well, that's news from NAR...it's skewed to suit their interests..." It'll be a fine day when mortgage rates rise again, inventory sinks and the fence sitters are once again crying foul that they can't afford a house. WAHHHHHHHHHHHHHHHHH.