Morris Twp NJ Real Estate Roundup
I wanted to give everyone the true market stats for Morris Twp for the last 6 months as compaired to the same 6 months in 2007. The date range is April 1st through October 1st . There has been so much negativity swirling around the real estate markets of the country. I frequent a number of different informational forums including real estate forums and others. Even in some of those forums, the number of people coming to them only to post negativity about real estate, and to tell people not to buy a home is just crazy. The rule of thumb is that if you can buy a home when others are to scared to buy a home, you likely will be getting the best deal possible.
Click to see the full size stats sheets: 
As you can see, there have been lots fewer homes sold this year than in the same period of 2007. On the flip side of things, homes are selling. In the past 6 months we have had 165 homes sell here in Morris Twp. I have sold homes in Morris Twp this year, and let me tell you, once you put the right price on a home, they buyers descend on it like lions on a gazelle. The Morris Twp NJ real estate is really not that bad, and there sure are some very good deals in this very wonderful area of New Jersey.
For more local information visit Morristown New Jersey which has a growing amount of information for you to call upon. There are also great market stats for the Morristown NJ real estate market.
James Boyer
Morris Twp NJ REALTOR
RE/MAX Properties Unlimited
973-647-0253 Direct
973-539-6300 Office
4 Responses to “Morris Twp NJ Real Estate Roundup”
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October 18th, 2008
It really does seem that people are getting so caught up in the gloom and doom of this financial crisis that they are spewing off untrue or out-of-context facts. If everyone would look at the numbers more objectively, we’ll see that the picture really isn’t as bleak as the media is portraying…
October 18th, 2008
Yes, people are so willing to follow what the news media have to say, but on other issues it is all liberal news media this, and over hyped news media that. I guess people just want to believe the worst, if it has to do with the New Jersey Real Estate market, or the Financial markets, or what ever they don’t have so much control over.
Of course being a REALTOR I tend to look more at the positive side of the New Jersey real estate markets, and how those people buying today will be looking back 3 or 4 years from now and likely saying that this was the best chance to buy a home for a great price and great interest rate in forever. I personally am looking at purchasing some real estate here in Morristown NJ because I know I can bring in my contractor and make the homes so much better that I can make a profit even if there is no appreciation.
Thanks for the comment Andrea, from your Morristown NJ REALTOR
October 20th, 2008
Interesting stats indeed. It is normal to see the drop because of all things that are happening, as it could be a bit risky for home investment these days.
December 13th, 2008
It’s hard to get past all the negativity from the media, seems like you have to battle misconceptions they report all the time.