Wednesday, September 27, 2006

4764 Homes on the MLS for Eastern Monmouth

Last week the count was 4772.

Maybe inventory levels are going to stabilize here.

It does not look like sales are going to improve anytime soon though. Mortgage applications were down 4.9% this week even though interest rates are now lower than they were only a few months ago.

I'm pretty confident that no amount of Fed "loosening", should that even occur, will keep home prices from moving lower over the next 6 to 12 months.

5 Comments:

Anonymous Anonymous said...

does anyone have access to numbers in manasquan? i'm looking to list my home - 1 mil+ - should we list now? wait until spring?

Saturday, September 30, 2006 8:16:00 AM  
Blogger Little Silvered said...

List it now. I believe there will be even more houses for sale at the Shore next spring.

Saturday, September 30, 2006 7:48:00 PM  
Anonymous Anonymous said...

thanks! any idea what traffic is like for this price home?

Sunday, October 01, 2006 8:47:00 AM  
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Wednesday, October 11, 2006 11:02:00 PM  
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Thursday, October 12, 2006 10:43:00 PM  

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