Realty Executives Elite Homes
Most analysts would agree that we're in a seller's market in Nutley NJ. The past several months have been an interesting time, and while the coronavirus has negatively impacted much of the economy, real estate has been surging in Nutley NJ.
Much of this is likely due to the low interest rates, hovering below 3%. There are other factors too, including pent up demand following strict lockdowns during the spring in Nutley, and for some people, there's an interest in moving to the suburbs and away from bigger cities.
If you want to buy in Nutley NJ, there are a lot of factors in your favor right now, but challenges remain.
Driven by surging demand and low inventory, the median home price nationwide rose to $295,300 this past summer. Despite these rising home prices, sellers are finding that they're getting multiple offers and offers well above asking.
So what can buyers do during this time?
Realty Executives Elite Homes in Nutley Has The Best Online Presence In Northern New Jersey, And is the only Realty Executives Office Located in Nutley New Jersey 12 Miles Outside of New York City We Focus On NYC Home Buyers Looking For Family Friendly Homes in Essex County, Bergen County & More. We Have Homes in Nutley, Belleville, Clifton New Jersey.
Each office independently owned and operated.
