Bergen County Properties & Homes For Sale in Tenafly Writing Contracts

“I finally came to the conclusion housing looks like a decent place to put money over the next several years…” Mark Kiesel, the PIMCO managing director

Bergen County homes and Tenafly properties in particular, are seeing stellar increase in demand where homes are priced to today’s market.

Bergen County Under Contract  Sales
April 2011 – 669
April 2012 – 813 (Up 21.5% Year On Year)

Tenafly  Under Contract Sales
As of May 10th There are 46 Single Family Homes waiting to close mostly in May, June and July

Mortgage Rate At Historic Low

With the mortgage rates hitting historic low – 3.84% on a 30 year fixed and, with prices that have hit bottom…. more and more buyers are coming into the market .

Half a decade into the deepest U.S. housing crisis since the 1930s, many Americans are hoping the crisis is finally nearing its end. House sales are picking up across most of the country & the plunge in prices is slowing.