Morristown NJ Home Sales October 2008
October was a interesting month for home sales in Morristown New Jersey. With the credit crunch there were certainly some home purchase deals which fell apart because of mortgage companies not wanting to fund the home purchase loan, and there were some home buyers who were scared away by all the bad news.
Tags: Chatham New Jersey, Morristown New Jersey, morristown nj home for sale, Morristown NJ Home Sales, Morristown NJ Real Estate, New Jersey real estate, Summit New Jersey
November 3rd, 2008 at 9:40 am
[…] the latest report on Morristown NJ home sales visit this link. These are interesting times in the local New Jersey real estate […]
November 3rd, 2008 at 9:47 am
see the latest Morristown NJ real estate report check out the latest article at the Summit, Chatham, Madison, Morristown NJ Real Estate
November 4th, 2008 at 1:34 pm
Wow… 12-16%! That sounds like a good profit in these times. I think these deals make even more sense for long term investors. Stick a renter in them and hang on to it for 5-10 years.
November 7th, 2008 at 8:02 pm
” Average sale price was $399,300 with an average of 95.4 days on the market to sell and make a 12% to 16% profit on them without having to ask more than the average selling price in their neighborhoods. ”
Very Interesting.
November 10th, 2008 at 5:57 pm
I’ve been looking for this, thanks Jim!
November 10th, 2008 at 6:09 pm
this man is a pro
November 26th, 2008 at 5:42 am
12 to 16%? good profit in these times!
December 3rd, 2008 at 4:25 am
Buying right now would be a good investment.