Northern New Jersey Weekly Inventory Update
GSMLS - http://www.gsmls.com
(Garden State Multiple Listing Service)
Single Family Homes, Condo, Coop
(Bergen, Essex, Hudson, Morris, Passaic, Somerset, Sussex, Union, Warren Counties)
8/16 - 18,738
8/23 - 18,720 (0.1% Decrease)
NJMLS - http://www.njmls.com
(New Jersey Multiple Listing Service)
Single Family Homes, Condo, Coop
(Bergen, Essex, Hudson, Passaic Counties)
8/16 - 9,228
8/23 - 9,117 (0.4% Decrease)
MLSGuide - http://www.mlsguide.com
Single Family Homes, Condo, Coop
(Hudson County)
8/16 - 2,646
8/23 - 2,676 (1.1% Increase)
(Garden State Multiple Listing Service)
Single Family Homes, Condo, Coop
(Bergen, Essex, Hudson, Morris, Passaic, Somerset, Sussex, Union, Warren Counties)
8/16 - 18,738
8/23 - 18,720 (0.1% Decrease)
NJMLS - http://www.njmls.com
(New Jersey Multiple Listing Service)
Single Family Homes, Condo, Coop
(Bergen, Essex, Hudson, Passaic Counties)
8/16 - 9,228
8/23 - 9,117 (0.4% Decrease)
MLSGuide - http://www.mlsguide.com
Single Family Homes, Condo, Coop
(Hudson County)
8/16 - 2,646
8/23 - 2,676 (1.1% Increase)
3 Comments:
I was just looking through the MLS and noticed a bunch of "just listed" homes that have been on the market for months with different RE agencies, or possibly contracts expired. It is completely insane that realtors can claim this is a "new" listing. I still don't see any drastic price reductions at this point.
I was just looking through the MLS and noticed a bunch of "just listed" homes that have been on the market for months with different RE agencies, or possibly contracts expired. It is completely insane that realtors can claim this is a "new" listing. I still don't see any drastic price reductions at this point.
Your observations are correct! Labor Day starts a new cycle of buyers and you should see an increase in inventory. It's always a "good thing" to have a fresh listing ready for these buyers.
In actuality, it's dressing up the pig.
Happy house hunting!
Oink!
"It is completely insane that realtors can claim this is a "new" listing.
All part of the realtor "code of ethics."
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