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Overpricing a property reduces its selling price-it inevitably ends with price cutting & a weak negotiating position. The longer a property stays on the market, the less it will sell for. The key to selling a property for top dollar is pricing it correctly in the 1st 30-45 days it's on the market.
The pace of home sales in NJ continues to decrease with another decline of 12% projected for March.
90% of what goes into the current value of a residential property is what similar properties have sold for in the last 6 months—so the key to arriving at the most accurate estimate of your home’s current value is getting recent sold price comparables
Pending home sales fell for third consecutive month in January-decreased 9.5% compared with January 2021
Always pay for a tank scan to check for underground oil tanks during your purchase contract's inspection period when you buy property.
1.5 million homeowners are 90 days or more behind on their mortgage payments but not in foreclosure. Those who aren’t forced out will still be displaced if selling is their only option, and an estimated 1 in 10 borrowers in forbearance will not have enough equity to sell.
