Shoratage of Homes Priced in the Mid 400′s

Of the 24 Morris Plains Homes for sale  there are only 4 priced between 300 to 399.  One of the 3 is under attorney review as I write this.   5 are  priced between 400 and 499.     There are only 3 priced in the mid fours and 2 at 499.   This is very good evidence that first time home buyers have come into the market and the tax credit  has been successful. 

There are 7 homes priced between 500 to 600 and 7 priced over 600 and 4 of those are priced at 749 and above.  This is really a good time for home owners that want to move up to a larger home. 

2 new listings it the market last week.  There is  3 Briarcliff is a custom style with 4 bedrooms and 3 baths all updated and priced at 649,0009 Juniper is a 4 bedroom 3 bath home and has been up dated as well and is priced at 649,000.  If you would like to see these homes give me a call. 862 222 4737

If you need clarification on the new tax credit here is link to help in explaining what the rules are.

http://www.realtor.org/fedistrk.nsf/files/government_affairs_tax_credit_ext_chart_110409.pdf/$FILE/government_affairs_tax_credit_ext_chart_110409.pdf

I had another great Open House on Sunday at 9 Cleveland Avenue.  And will have another this Sunday November 15th.  7 families visited the home.  Again I was there until 5:30 and I was picking up my signs in the dark.  This week no one knocked down any of my signs but one was turned around to face the wrong direction. 

One Response to “Shoratage of Homes Priced in the Mid 400′s”

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