MLS at 3373 this Week

Last week the MLS for Eastern Monmouth County was at 3345. I think we are entering the “busy” selling season. As was pointed out in yesterday’s post that we linked to, the next 60 days will be telling as to what direction the market will head in for the remainder of 2006. Many of the real estate bears, me included, think that sales this spring are going to be lousy and that there is going to be a lot of inventory on the market in the seasonally slow summer months. At that time, people who have to sell will start to drop there asking prices more noticeably than they are now and a buyers market might begin to emerge.