My weekly Hoboken & Jersey City Real Estate Stats will be updated on October first as opposed to today.
Check back for a comparison of June through September so that we can get a better picture of the Home Buyer Tax Credit affect on our markets plus a peak at what the fall could look like. Margaret Kelly - CEO of RE/MAX released a statement following August's real estate report.
“This summer’s market is still recovering from the number of buyers who bought earlier to take advantage of the Tax Credit,” said RE/MAX CEO Margaret Kelly. “It may take a couple of months to regain its footing, but we are expecting an increase in sales for September as the final deadline for the Tax Credit nears, and we’re very pleased that prices are holding steady.”
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