3229 Homes for Sale on the MLS
This week there was 3229 home for sale of the MLS for eastern Monmouth County compared to 3189 last week, which is an increase of 1.4%. In a few more weeks we should be in the thick of the “busy” spring selling season. I don’t think this spring is going to be as busy as the last one if asking prices are not adjusted down. Given the build in inventory we are seeing, there is absolutely no reason why buyers can’t be choosy when looking for a new home.
posted by Little_Silvered at 6:17 PM
2 Comments:
Excellent Blog. Very informative. And very well organized. Online Auctions are really looking up with more and more people interested in buying and selling product online.
Keep it up. We need more such blogs which provide quality
information.
Thank you
In San Diego, our market hit its' high in the Summer of 2005!
Inventory has been increasing each month while sales have been going way down!
Lots of price reductions!
Sure, this is about San Diego, But, in my opinion will apply to all 'hot' real estate markets of the past five plus years!
For a good CNN quote on buyers pulling out of sales contracts, visit:
http://www.downtown-san-diego-real-estate.com/real-estate-buyers-back-out.htm
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