According the National Association of Realtors’ Second Quarter Metropolitan Area Home Prices report, all eight of New Jersey’s metropolitan areas showed growth in home prices during the second quarter:
“Because of the slower foreclosure process in New Jersey, our real estate market’s recovery has been behind the curve,” said Jarrod Grasso, CEO of the New Jersey Association of Realtors.
“However, the second quarter of this year has shown signs that the Garden State’s real estate market is getting back on track with our median home price growth rate similar to that of the Northeastern United States,” he added.
If you are ready to buy or are even just looking to begin the process of searching for a new home, you can contact Anne Koons for all your real estate needs.
