Good News on the Foreclosure Front

According to a recent survey from Relocation.com, less people are moving because of foreclosure.

Relocation.com has stated that as recent as June 2010, only one percent of the 1,068 people that were surveyed gave foreclosure as the reason for moving. This is a very large drop from surveys that were conducted in the past. (In the survey conducted in February, 5 percent of stated they were moving because of a foreclosure, while 2 percent were in June 2009.)

Another interesting discovery was that the number of people moving to a place with a lower cost of living was also less, with 18 percent in February 2010 to 7 percent in June 2010.

To more information go to Relocation.com.

Stop waiting, there are many positive reasons to buy a new home now. Contact me today so I can show you why The Best Time to Buy a Home is Now!

If you have been patiently waiting to buy a Hoboken home, now is the time to do it. With low mortgage rates available, this is the opportunity you have been waiting for. Make 2010 the year you purchase your dream home. For more information contact Eddie Perez, Broker-REALTOR, CDPE. Eddie’s market includes Hoboken, Jersey City, Weehawken and Union City. Eddie can also be reached by phone at 201-344-2886.

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