Positive Signs for Basking Ridge Real Estate and Beyond

Here are some recent positive signs for homebuyers and sellers:

  • Sales of new single-family houses increased 4 percent in March, according to the U.S. Census Bureau and the Department of Housing and Urban Development.
  • According to the National Association of Realtors (NAR), total existing-home sales rose 1.1 percent in March.
  • The NAR also reported that pending home sales inched higher in March for the second consecutive month.
  • Thirty-seven percent of properties that closed in March sold at or above the list price, according to the March 2018 REALTORS® Confidence Index Survey.
  • The Fannie Mae Home Purchase Sentiment Index (HPSI) rose 3.4 points in April, marking a new all-time survey high.

Visit my website for information on past Basking Ridge sales, to start your home search or to request information on the value of your home in today’s market.

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Jennifer Blanchard

Jennifer Blanchard is a Top Producing real estate agent in Basking Ridge with over 20 years of experience. She would love the opportunity to discuss any real estate questions you have.

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