For the latest Westwood info, click right here! Working with an Agent that knows this market is crucial! New Buyer incentives...Buyer credits for all Buyers! Call for the latest information. Interest rates down! Should I make an offer on a short sale? Do I qualify for the Buyer's credit?
Will prices go down again? Have we reached the bottom? www.northjerseyfreehomeinfo.com Where you will find all the answers! Don't miss this market! Interest rates fell, then went up, and fell once again!... WE ARE THE #1 COMPANY IN ALL OF THE PASCACK VALLEY! READ IT HERE..FOR UP TO DATE INFORMATION! Real Estate Agent with the Right Attitude is everything! The Westwood market is a stable market. Homes tend to stay on the market an average of 3 months. Rates are now in the 5% range for a 30 yr fixed, and lower for a 15yr.. Find out how you qualify! . As long as our schools stay at the top, The population will continue to grow, and the demand for homes will remain. This location is extremely desirable. Because of access to transportation to the city, and all major highways, buyers are interested in this area. EZ HOUSING MARKET SHOWS EARLY SIGNS OF STABILIZATION To keep things in the proper perspective however, it is clear that the housing market remains in the grip of a dramatic correction and will not see rising prices until Unsold Inventory levels have been reduced significantly. Until then home prices will likely drift slightly lower, although at a slower pace than the past 2 years. But a bottom to the housing downturn may be forming which would be a first step towards recovery. Potential home buyers who have been delaying their purchase in an attempt to 'time the market' should consider whether that time has now come. This is because the greater risk in delaying is the likelihood of higher mortgage rates in the future due to the inflationary pressures of high oil and food prices which will erase any potential savings from future price declines. Supporting this view is recent remarks by Federal Reserve Chairman Ben Bernanke indicating that future interest rate cuts are not likely due to a need to guard against inflation. Our analysis of the cost-benefit relationship of delaying a home purchase indicates that the added monthly cost attributable to rising interest rates is likely to be greater than the savings generated by any further price declines. Thus, the next 6 months will present a rare combination of low interest rates, low home pricing and a wide selection of homes being offered by motivated sellers. We're all likely to look back five years from now and conclude that 2008, 2009, and 2010 was a time when Smart Buyers took advantage of this unique opportunity by locking in both low prices and low interest rates. I'm reminded of the axiom that the right time to sell is when everyone else is buying, and the right time to buy is when everyone else is selling.
ZIP Code: 07675 Approximate Location Boundaries: Bergen County
Location Characteristics: In the center of town is the Memorial Park with gazebo and often held antiquing, and town activities. Train station in the center of town, with blocks long of stores which include, Gap, Perenial, flower store, five and dime store, bakery, camera store, CVS pharmacy, and many boutiques, including antiques... Quite charming. Highly festive during all holidays. With streets lined with brilliant sparkling lights. Close to all highways, and access to NYC.
"Number One Expert" in the Pascack, Northern Valley, and ALL of Bergen County!
I will be with you every step of the way!! My experience and knowledge of today's market, and this area is priceless. Whether you are buying or selling you will need me on your side. My work ethic is the most important part of my reputation. I love what I do! I have a team in place that are with you every step of the Real Estate process. Buy or sell you'll be with an experienced agent. You need the Paula Clark Team!
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