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.
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.
posted by Little_Silvered at 7:21 PM
3 Comments:
does anyone have access to numbers in manasquan? i'm looking to list my home - 1 mil+ - should we list now? wait until spring?
List it now. I believe there will be even more houses for sale at the Shore next spring.
thanks! any idea what traffic is like for this price home?
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