Market Update Category
Why Waiting For The Market To Hit Bottom In Atlantic County Might Just Kick You In Yours!

Mays Landing 2010 Market Update
Mays Landing Market Update 2010 Review
The final 2010 statistics are out and home sales in Mays Landing declined in the number of sales from 2009 by 18.5% . However we only experienced a slight decline in average sales price by 3.18%.
If you are waiting for the market to hit bottom before buying a home remember you won’t know it has hit bottom until the prices go up. So be sure to pay attention to the other variables such as interest rate. Currently you can lock in at a 5% 30 year fixed rate. If you were getting a $200,000 mortgage and rates increased by 1% while you were waiting for the market to hit bottom, you would lose $23,463 in buying power! Just remember there are always more variables to consider than the obvious ones. With a quick consultation we can determine what is right for your personal situation.





