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November 30, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Bloomfield, New Jersey

Reported by Sandra Bolcar, REALTOR

Updated October 31, 2009.

Current Market Rating: 2




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 2




1
2
3
4
5
Falling

Rising

Although regionally, sales are up 4.5% in September, prices are still down over 8% compared to this time last year. There are too many homes listed under $500,000 in Bloomfield so supply is larger than demand. Many homes are short sales and foreclosures thus bringing prices down even further. The tax credit stimulus has helped with the increase in sales so many first time homebuyers are looking in this price range. It's a great time for buyers to look at the homes of value in this town. If you are interested in buying a home call me
and "experience the difference."

ZIP Code: 07003


For More Information:

View Market Conditions of other areas served by Sandra Bolcar

Navigate: Top > New Jersey > Bloomfield

About Sandra Bolcar:
If you are looking for an experienced realtor, it's my experience that counts. With over 30 years in the business, may ability to stay ahead of the curve is what you need in today's volatile marketplace. Each member of my group brings their own unique talent to the team to cover all aspects of the transition from start to beyond the finish. Call The Cross Keys Team when you need help in determining whether to buy or sell.
"Get To Know Us--It Pays"


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: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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