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FartFragrance t1_ix7o2dc wrote

For Sale signs seem to get "Under Contract" pretty quickly in Morris County.

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Kab9260 t1_ix7peg0 wrote

Replying to FartFragrance (#599,311)

Seeing the same. A lot of younger couples are moving in. I guess they are anticipating that there won’t be too much of a price correction in Morris county and they’ll have the opportunity to refinance later. Probably a good bet. But personally wouldn’t pay what these sellers are asking.

All the buyers seem to be young, probably because anyone with a 2% interest mortgage isn’t moving to NNJ now.

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stickman07738 t1_ix7rkr4 wrote

No inventory around me in Monmouth County - flippers seem to still be picking up fixer ups rather quickly.

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Mikaellouingtin t1_ix8xkh8 wrote

Sellers were asking $640k. I put an offer in at $625k.

An overseas family put in a $660k all-cash offer.

I did not get the house....

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BacktotheFutureTmw t1_ix9t9l0 wrote

Towns in the state that are closer to NYC. Possibly shore towns.

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