dumpster56
Thinks s/he gets paid by the post
- Joined
- Nov 28, 2005
- Messages
- 2,146
The New Jersey Market, Be careful. Taxes on that Bergen county house will be near 10K a year. Now it was listed at 750 then 680 now the come back is 580K.
I said this before I believe the housing market is in a big correction. Yes house built in 1980 split level in Bergen County NJ could be worth 680 again in 3 years but WHAT TOWN IS IT IN?? Some Bergen county towns and a weak market and you could be looking at 480 in three years. But then again if you NEED to move there well then buy it if it is nice.
Houses that were listed at 560K in my old neighborhood when I was listed at 519K last april are now in the 440K range and NOT SOLD!
Man were we LUCKY!
I said this before I believe the housing market is in a big correction. Yes house built in 1980 split level in Bergen County NJ could be worth 680 again in 3 years but WHAT TOWN IS IT IN?? Some Bergen county towns and a weak market and you could be looking at 480 in three years. But then again if you NEED to move there well then buy it if it is nice.
Houses that were listed at 560K in my old neighborhood when I was listed at 519K last april are now in the 440K range and NOT SOLD!
Man were we LUCKY!