New home buyers, what are you waiting for?

Time does not wait for anyone; New Jersey is the right place for you to shop for you dream home now. Why? Experts see New Jersey real estate industry to rebound in the future. It was revealed in the weekend 07/17/15 as follows:

“The real estate industry has recovered since the 2006 slumber but apparently, New Jersey has not. According to Realtor, there are properties in New Jersey that were still below the 2006 slumber despite the fact that the industry is on the rise.

An expert in the real estate industry said that citizens of New Jersey are still afraid to have their property listed on the market because of a possible price undercut once mortgage finally goes to the market.

Experts also see two more reasons why the property price in New Jersey is still in slumber; first, the number of foreclosed properties at 8-12% and secondly, the state’s population, which is half the national average.

On the other hand, this could be a potential for investors and home lookers most especially from its neighbors New York. Despite of New Jersey’s ridiculous state taxes, properties and homes are cheaper compared to New York.

Although, this can be considered as half and half good/bad news; there are still some who know and believe that the New Jersey real estate industry will recover.

“Housing wire pointed out four reasons why New Jersey’s housing is set to bloom at this point, they said

1.       The real estate industry is really threading on a thin ice, but in time , the low interest rates and low down payment will pave way to the industry’s recovery.

2.       With the technology today, advertisement can be very aggressive and rampant. Social media is a great example of free ads. Full and smart utilization of keyword optimization is also in the picture that can and will lead into sales if used properly.

3.       The emerging of demographics – Not unlike before, it takes two to tango; it takes a family to own a house. But today, although the family is still the biggest purchasers of properties , especially, houses; single people who look to own a house is on the rise.

4.       The Real estate Brokers – Before, one need to meet face-to-face with a Broker before you can close a deal or at least take interest on a property. Today. All they need is a stable internet connection and one can talk about a certain property.”

My point is this, as a new home buyer, this is the right moment for you to take advantage of this opportunity. Call us today…

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Lawrence Abitogun

About Lawrence Abitogun

Ola & Lawrence Abitogun are the father/son duo and real estate professional committed to your best interest by assuring that you have access to all the information you need to make the right decisions when it comes to your New Jersey Real Estate. Lawrence is a licensed real estate agency expert associated with Keller Williams.