Originally Posted by Discuss Thrower: The housing market in New Jersey is about to get crushed.
Home sales in the state, second only to New York in coronavirus cases, may fall as much as 45% this year from 2019, while prices will drop as much as 12%, according to Jeffrey Otteau, president of Otteau Valuation, a real estate consultant in Matawan, New Jersey.
“People will be taking homes off the market and in spite of that, this will be a buyer’s market, with low inventory,” Otteau said. “It’s unusual.”
Getting a sale will require a deep discount, maybe 20% below what the seller was planning to list for, he said.
I've been wanting to buy a condo on the Gulf Of Mexico but the prices went through the roof the last couple years. If I can get a 20 percent discount that would be a good thing out of a bad situation. [Reply]
Originally Posted by philfree:
I've been wanting to buy a condo on the Gulf Of Mexico but the prices went through the roof the last couple years. If I can get a 20 percent discount that would be a good thing out of a bad situation.
My Amazon stock RSU's are rocking. Earnings coming in a few days and I think it's going be real good. I'm hoping for $2,500 a share by the time my first tranche of shares come due on May 15th. [Reply]
Originally Posted by scho63:
My Amazon stock RSU's are rocking. Earnings coming in a few days and I think it's going be real good. I'm hoping for $2,500 a share by the time my first tranche of shares come due on May 15th.
Clay had a job at Amazon but I guess he had to quit because his IQ got too low. [Reply]