Winter is here and so goes the market. Snow storm on tap. Appointments postponed. Good thing there is the internet for buyers to hunt for houses.
4 Contracts in 10 days!. 10 Price changes. 19 solds.... Here is a scary number...only 350 condos for sale. That's 350 serious sellers. Pretend sellers pulling in their horns, hoping for the spring market.
Jan 1-10 Hoboken Real Estate Report
My sellers are out there. Why? becasue they want to sell. When is the buyere going to get the best deal? Now. When is the seller goign to get the best deal? Now. A seller waiting until the spring faces more competiton and if you miss that market and interest rates rise. Your train has left you at the station. My sellers will have gotten on with their lives, while the Ancient Mariner sails on.
The Q3 Hoboken Real Estate Report is now available but drop me a note because the 2011 Annual report will be out next week. .
Hoboken Real Estate This Week Jan 1-10