Viewing a single comment thread. View all comments

logan44man t1_je7fcqe wrote

Reply to comment by MotorboatingSofaB in How have house prices gone up in cnj? by ccseater2

Will prices ever return to normal?

−1

MotorboatingSofaB t1_je7fzrg wrote

Will prices drop, maybe but for now the market will be much of the same. There was some fact that >80% of homeowners have a rate under 4%. Many of those people are now “stuck” in their homes because it would cost so much more to leave.

My advice, find a town you like and try to get into the local facebook boards. Post what you’re looking for home wise and see if someone is willingly to make an off market sale. Saves them a ton of cash too

7