If anyone really knows that answer, they will lead a mad rush to snap up all these homes underpriced for next year's market. Selling stats are always relative. NJ is a great booming market compared to Las Vegas right now, or so I read. NJ is still mostly slow and down.
Sellers with homes that are not selling have to reduce their price. period. Some sellers need to really look at their home and see what it is worth... not what the market was getting three years ago.
Broker / Sales Associate
Orange Key Realty