Sunday, January 29, 2006

Meanwhile, in Other Parts of Jersey

Obvious Headlines

"North Carolina tobacco farmer says smoking is good for you..."
"NJ Governor to raise taxes..."
"Realtor Predicts 15% appreciation next year..."

I wish the reporter would have asked someone else besides a real estate broker about how the market is doing. Attention Mr. Reporter, if the market is taking a dive, do you think the largest Realtor in Morris County is going to tell you the truth?

Snip...

Recently, Baris referred a client to a broker in Princeton.

The client was hoping --"with all the bubble-bubble-bubble talk"-- to "find a steal," a cream puff selling cheaply. No go. The market is strong, he said.

"The inventory still isn't plentiful, and with a limited supply and strong demand, the market continues to be robust," Baris said.

His brokerage firm is one of the largest in northern New Jersey.

Among real-estate professionals, the consensus is that if interest rates reach 7.5 percent, "That will definitely put on the brakes," Baris said.

More...

2 Comments:

Blogger xSparta said...

My old friend re-listed his house in Belmar this week. Reduced the price from 1.1M to $995,000.

Tuesday, January 31, 2006 10:22:00 AM  
Anonymous Anonymous said...

What if I could give you a great real books for your home library collection. Great books on real books and home repairs ...

Monday, February 27, 2006 11:52:00 PM  

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