Last fall’s swooning homes market has come around; the pulse of home sales has quickened,  the spring sales surge has begun.  As we anticipated, it’s later than usual and weaker than in March of years past (see below) but with extremely low sales after September’s financial sector meltdown, there’s a lot of pent-up demand and reason to think next month’s sales will be higher still, making the next two months the best time to sell with the next year.    

Buyers have responded to low home prices (in Hunterdon affordability is above 100% for the first time in years), but very low interest rates and the $8,000 credit for first time home buyers have been the key elements releasing that pent-up demand.  Increased sales cut into the inventory of homes for sale in March, which dropped to 14 months, as seen below.

 Find out what this means for your township and your potential home sale!  For a confidential no-cost home sale price analysis consultation, please call me at  908 303-8130  or contact me here.

Don Sherblom.  RE/MAX Town & Country
44 Leigh Street, Clintn, NJ 08809 
(908)  303-8130

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