Realty Times - Hoboken, New Jersey Real Estate 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 > Hoboken

Market Conditions Summary for Hoboken, New Jersey

Reported by
Paul Fried
as of 12/4/2010:

The Hoboken market is unlike the balance of the New Jersey market. In comparison to most of the state Hoboken is still somewhat active. It's proximity to Manhattan makes it an affordable option for the urban... MORE->

Reported by
Edward Verdel
as of 10/14/2010:

Hoboken still offers some good investment opportunities. Based on today's interest rates and prices, the Hoboken market favors buyers. As long as you have 20-25% down, you can purchase a condo significantly lower than 2007 prices. Also, rent prices... MORE->

Reported by
Scott Allan
as of 7/3/2010:

While the summer heats up, so does sales volume. June posted 101 sales. With over 150 condos under contract, we expect the summer to thrive with volume. Prices are still coming down by about 1% a month, however more exclusive condos are holding up... MORE->

Reported by
Jaime Gutierrez
as of 1/23/2010:

For more information please feel free to contact... MORE->

Average Current Market Rating: 2 (4 ratings)

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

Average Current Price Trend: 2 (4 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > New Jersey > Hoboken

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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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

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