Home Buying in Ocean County>Question Details

Nancy  Majes…,  in Whiting, NJ

Has the real estate market hit bottom (prices) or will they continue to decline?

Asked by Nancy Majeski, Whiting, NJ Wed Apr 8, 2009

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Nancy , answers should be interesting. No one knows. BUT i find the market turning right now. These past few weeks, more activities, contracts and closings. I find the market is moving as it should - from the low end homes first.
I'm busy, and positive about the near and future of real estate. Not only in Whiting but in all Ocean county. I have been in the business since the 60's. My dad and mom before me and grrandmother since 1928.
0 votes Thank Flag Link Wed Apr 8, 2009
I don't think we've hit bottom, look at the inventory, short sales and REOs.
0 votes Thank Flag Link Thu Apr 9, 2009
Nancy, you know that real estate market has hit bottom when prices start going up; you may want to advice your buyers to "stop chasing the market".
0 votes Thank Flag Link Wed Apr 8, 2009
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