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November 21, 2008
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Berlin, New Jersey

Reported by Marie Meglio, REALTOR, ABR

Updated November 11, 2008.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

The pricing is the thing. Sellers must be postioned in order to get the buyer into the home in order to even be a consideration. Mortgages are tightening and buyers are more educated on the comparables and the recent market trends. Now is the time to make the best of the bargains on the market.


Location Characteristics: Berlin Boro and township are both typical older more attractive tree and lush grassy areas of the South Jersey area. The draw is mostly to young families and starter homes, first time home buyers, and those who are looking form homes with more space and larger lots in comparison to adjacent towns. Location to major arteries such as route 73 and White Horse Pike has made this a long time favorite for commuters. It also offers variety in home styles and price ranges.

For More Information:

View Market Conditions of other areas served by Marie Meglio

Navigate: Top > New Jersey > Berlin

About Marie Meglio:
With over 20 years of sales experience originally in the resort and vacation sector and utlimately in the residential and investment market. Licensed in both NJ and PA and a member of the National Associaton of Realtors as well as 2 Local Realtor Boards. As an Accredited Buyer's Representative, I work diligently, honestly and ethically in every transaction. Success in the ever-changing Real Estate Sector requires commitment and ongoing updating of trends. Also the needs of today's tech savvy buyers and sellers must be matched by a solid understanding of the technical aspects that play into the home search and pricing. I make a point of staying on top of the changes so I can provide the best and most effective service to my clients.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 6.04%
15 Year Fixed: 5.73%
1 Year Adj: 5.29%
(U.S. Weekly Averages)

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