As one of the top realtors in the Teaneck area of Bergen County, I can tell you that things have started to pick up in the last month or two. While there is still substantial inventory, more buyers are showing up to open houses, more deals are being negotiated, etc. Are some houses still being reduced? Of course, esp. when they have been static on the market for a few months. However, with rates still very reasonable, and sellers not so insistent on pricing their houses above market value, things are picking up a bit... I have 25 years experience in the business, and have seen all sides of the marketplace. If a seller wants to sell, they will. If a buyer is tired of waiting it out and wants to buy, they will. My job is to put them together! Give me a call!