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08-14-2007, 12:04 PM
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Member
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Join Date: Jan 2007
23 posts, read 26,334 times
Reputation: 12
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is the house buying/selling season over
well, i have been looking for a house this year..
we have not found anything we liked...
my question is that is the season for selling/buying over..
i was told summer is the best time to buy/sell..
i dont mean that NO houses will be on the market.. i know if some has to seel then they HAVE to sell..
But will we see a lot of houses like we did in the summer..
or just a couple of houses.. here and there
thax
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08-14-2007, 12:11 PM
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Member
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Join Date: Jun 2007
94 posts, read 98,550 times
Reputation: 20
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where are you looking?
I hope the season sint over it has been very slow for us with our home on the market.
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08-14-2007, 12:41 PM
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Member
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Join Date: Jan 2007
23 posts, read 26,334 times
Reputation: 12
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middlesex.. central NJ.. EDison piscatway...
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08-14-2007, 12:52 PM
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U to the K to the O to the K
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Join Date: Mar 2007
Location: North Jersey
1,464 posts, read 1,055,998 times
Reputation: 441
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Quote:
Originally Posted by kamla
well, i have been looking for a house this year..
we have not found anything we liked...
my question is that is the season for selling/buying over..
i was told summer is the best time to buy/sell..
i dont mean that NO houses will be on the market.. i know if some has to seel then they HAVE to sell..
But will we see a lot of houses like we did in the summer..
or just a couple of houses.. here and there
thax
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Historically the best selling season in Northern, NJ has been spring thru very early summer. Things slow down over summer (July / Aug) and pick up again in the fall. Things come to a screeching halt over winter and it all begins again in the spring.
Who knows what is going to happen with the market we are currently in though. |
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08-14-2007, 06:03 PM
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Use your computer to help cure cancer.
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Join Date: Jun 2007
Location: NJ
4,720 posts, read 2,342,571 times
Reputation: 1823
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In Burlington County it looks like people aren't renewing their listings from what I'm seeing in my favorites. Best advice I can give you is to sign up at all of the major sites and enable email updates.
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08-14-2007, 07:02 PM
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Real Estate Agent
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Join Date: Jul 2007
Location: Central New Jersey
1,007 posts, read 794,209 times
Reputation: 106
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The best time to sell your home is April, May, June, July, & the beginning of August. Most of the clients I work with have children so they want to have their children in school by September so they can start school. I tend to find that the market starts to die down around August but you still get a few people trying to get in on time but it is hard to do a closing in 30 days now a days unless the person has excellent credit or they are paying cash.
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08-14-2007, 09:18 PM
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HRH=Her Royal Highness
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Join Date: Aug 2006
Location: New Jersey
1,365 posts, read 1,221,958 times
Reputation: 1129
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There are exceptions
First home purchased in January 2001- Mercer County
Second home purchased October 2005- Burlington County
Third home purchased September 2006- Monmouth County
In between several investment properties were purchased & sold in Middlesex County.
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08-15-2007, 08:59 AM
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LOST!!!!!!
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Join Date: Apr 2007
Location: NJ for now
1,217 posts, read 797,044 times
Reputation: 655
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What are you looking for?
Whats your price range?
PM me, mine is on the market.
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08-15-2007, 11:44 AM
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I'll turn out the lights
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Join Date: Feb 2007
Location: NJ
6,193 posts, read 4,032,794 times
Reputation: 1210
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Quote:
Originally Posted by NewHomeHappy
First home purchased in January 2001- Mercer County
Second home purchased October 2005- Burlington County
Third home purchased September 2006- Monmouth County
In between several investment properties were purchased & sold in Middlesex County.
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you made me think of my purchases which were also "off" season:
Jan 92
Oct 97
Nov 99
this was before school aged kids.  |
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08-15-2007, 12:43 PM
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Senior Member
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Join Date: Jul 2007
690 posts, read 630,706 times
Reputation: 100
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Quote:
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is the house buying/selling season over
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I sure hope not. We've just dropped our price, scheduled open houses, and are going full steam ahead now... Of course, we're selling a 2 BR townhouse, so there's a good chance most people looking at our house don't even have kids on their radar.
Our purchases have also been off season... February 2003 and March 2007 (though that house isn't going to be ready until next spring...) |
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