Market Trends in Real EstateThursday, August 28th, 2008
I have been through many real estate trends since the onset of my career as a real estate broker in 1984, i.e., prices of properties declining and prices of properties rising. The real estate market cycles are usually progressing over a period of years not months, adjusting either upward or downward. We are now experiencing a leveling of home prices but the trend is still continuing downward. I came across a great web site which contains useful information regarding real estate trends. Check it out at Otteau.com ……the good news is that some areas of Monmouth County are not as affected as other areas and inventory is declining.