Selling or buying your home at the Right Price

Selling or buying your home at the Right Price
Fair Market Value is always the Right Price

Wednesday, June 6, 2012

Today's Real Estate Market in South Jersey

A friend said to me"They meaning you Realtors say prices are going up but what is the real story because there are conflicting reports?"
Well here are the facts: The average price in south Jersey according to TREND MLS is higher than last year. But here is why: much of the really low priced inventory, homes below $100,000 have already sold and homes priced  higher than $500,000 have started to sell and those 2 factors have raised the average sales price.
The number of home sales are are higher than last year but there still is a lot of inventory ( homes currently on the market) and a lot of Short Sales that still have to sell before we will see prices rise.

Sunday, June 3, 2012

New Listing Short Sale 1206 Clement Circle Gloucester Twp Somerdale PO NJ 08083 MLS# 6063033 
Great home with lots of room, 4 bedrooms 2 full baths, in-law suite located on a quiet no thru street.
TimberBirch subdivision. $185,000 Short Sale