NJ Real Estate Values during the Recession of '08

November 26th, 2008 8:40 AM
Oakland appears to be bucking the trend. Today I saw an older, expanded cape with 5 bedrooms and 3 full baths. After careful research and running the numbers 3 different ways, Oakland has increased median sales prices by 2% in the last year. Whether this is a hold over of demand from the previous year, or some other hidden trend wasn't immediately apparent. How long this will last in the current economic climate remains to be seen. 

Posted by Jon Rosa on November 26th, 2008 8:40 AMPost a Comment (0)

Subscribe to this blog
Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:

Palisades Appraisals 205 Wayfair Ln Franklin Lakes, NJ 07417-2925
Phone: Fax:

Staff Profiles | Client Login | Order an Appraisal | Divorce | Selling on your own | Pre-Listing Appraisals | Date of Death Valuations | Blog

Copyright © 2012 Palisades Appraisals
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map