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2019 real estate

Performance Property Real Estate Question

2019 Real Estate Forecast

Q: What can we expect in real estate in 2019, Gerald? Clarissa, Warren, NJ A: It’s important to remember that every local real estate market is different and driven by many factors, the most important of which is supply and demand. Many local real estate markets around the country have been cooling down recently after record price gains due primarily to lack of housing inventory.  This lack of inventory has been artificially inflating prices as demand far exceeds supply. High end luxury home demand in my local real estate market in New Jersey has seen some cooling recently as some buyers have pulled back in reaction to the new tax law that limits state and local tax deductions, but on […]

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