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How Does the Anniversary of Superstorm Sandy Affect Your Market?

by: Jeff Quintin, on October 30, 2013 - real estate and nj real estate in new jersey real estate in nj real estate new jersey real estate nj realty new jersey short sale

How Does the Anniversary of Superstorm Sandy Affect Your Market? 

Welcome back to Jeff Quintin TV where we are live from Paris. On the anniversary of Superstorm Sandy, I wanted to give you an annual update. For the first six months of the year, the number of transactions was down about 38%. However, in the last three months, the market has picked up dramatically with inventory reducing and inventory coming back.

Our prediction is that in the next six months, the market is going to be exactly where it needs to be. With decreasing inventory, we are starting to see appreciation in some markets. If you would like to know more about the market or the value of your home, please contact me. I look forward to our conversation being the best one of your day. Enjoy the video of Paris.