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Why NYC Home Buyers Are Moving To Nutley NJ

(Published on - 7/25/2020 7:24:05 PM)

Why NYC Home Buyers Are Moving To Nutley NJ

 

There are a couple of reasons why NYC home buyers are looking to buy homes in Nutley NJ, here are a couple that I think will push home prices 10-15% higher for the next 45 to 60 days.

 

1) The Lowest Interest Rates Ever In History

 

2) The Covid 19 Market, People Are Leaving The More Congested Areas of NYC & Northern Jersey

 

3) Low Inventory Before The Pandemic Persists

 

This is the new Covid 19 Market in Northern New Jersey, At the beginning of this Pandemic we had a shortage of homes on the market in town, now with people that are leaving the more congested areas of NYC & Jersey City and so on for areas where they will have a little space in case a lockdown happens again, especially families that have children, they want a back yard but they still want to be able to commute to NYC for work, this is exactly what is driving the current market at the present time.

 

If you are one of those home buyers there definetly is a strategy to winning a bidding war and getting that home for your family, for more information call/test me at 862-228-0554.

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