Home Sales Rise in March

There was a 6.8% jump in existing home sales during the month of March.

The National Association of Realtors reported the sale of 5.35 million units in March, up from 5.01 million in February. Compared to this time last year, sales were up 16.1%. For the past nine months home resales have been above last year’s levels.

The median price of homes sold in March was $170,000, up 0.4% from March 2009.

To find out what is going on in Hoboken real estate market, please go to Hoboken Homes.

If you have been patiently waiting to buy a Hoboken home, now is the time to do it. All of the key factors are in place to ensure that your home purchase will be a major, positive life changing event.  With low mortgage rates available, along with the recent passing of the new tax credits, 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 be reached at mailto:eddie@InvestHoboken.comor 201-344-2886