Realty Times - Cherry Hill, New Jersey Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > New Jersey > Cherry Hill

Market Conditions Summary for Cherry Hill, New Jersey

Reported by

Marie Meglio
as of 11/11/2008:

Some slowing due to season change. The buyer's market is holding steady and homes that are priced to sell are getting interest.Pricing is key today as the average days on market is increasing and inventory is staying strong. Buyers are making the... MORE->
About Marie Meglio

Reported by

Lorraine Flynn & Pinewood Group
as of 11/6/2008:

In todays market lending is the big issue. Lenders are becoming more critical in the way they lend money, your FICA score is not the only thing that matters. As of Nov. 1st. they are looking things like time on the job, time at cuttent redidence,... MORE->
About Lorraine Flynn & Pinewood Group

Reported by

Cherie Maffie
as of 11/3/2008:

Fall is here and Cherry Hill continues to offer a wide variety of housing inventory. Prices have stopped escalating and homes are not selling as quickly because of the increased number of homes on the market and tighter mortgage requirements. ... MORE->
About Cherie Maffie

Reported by

Nancy Schumacher
as of 11/2/2008:

Real estate is cyclical, as is the economy. Those of us who have experienced the early 90's remember how difficult it was to sell a home causing a decrease in value and consequenty homes became more affordable. Though our overall economic situation... MORE->
About Nancy Schumacher

Reported by

Robert Kalapacs
as of 10/30/2008:

The market has shifted but homes priced correctly and in good condition continue to sell. Pricing is the single most important aspect of todays marketing. It is still a great time to buy and to sell, but a knowledgeable Realtor is more important... MORE->
About Robert Kalapacs

Reported by

Dan Sukhia
as of 10/1/2008:

Once we have settled down with our Banking crisis, I am sure that we will see an improvement in the market. Inventories are still high. Interest rates are at around 6.25% and this coming Fall market will bring out more buyers, and the higher than... MORE->
About Dan Sukhia

Reported by

Dottie Cammarasana
as of 9/15/2008:

All indications are that Buyer's will continue to rule through 2008. One of the nations leading industry reporting medias reports the following: RISMEDIA, July 22, 2008 - -"About half of adults (49%) say green features like solar panels, energy... MORE->
About Dottie Cammarasana

Average Current Market Rating: 1.4 (7 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2 (7 ratings)

1	2	3	4	5
Falling			Rising

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Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

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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