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More Buyers.. Fewer Homes for Sale, See what Morris Plains Has to Offer!

Morris Plains has always proved to be a very deisrable town to buy a home in. Turnover is quick here in Morris Plains. Now that Spring has Sprung the last two weeks of Open Houses has proven that Buyers are here and ready to buy!

Today we have 22 Homes for sale in Morris Plains alone ranging from $385k-$849k, so let us know how we can help you find your Dream Home here in Morris Plains before the inventory gets low.

We thought we'd share this article with you as well


More buyers, fewer homes for sale

By Judy Martel · Bankrate.com
Wednesday, March 14, 2012
Posted: 5 pm ET
Homebuyers are out there, but they're finding fewer homes for sale than they were a year ago, according to the latest data from Realtor.com.
In February, the number of homes listed for sale rose a meager 0.5 percent from January, but fell 22 percent from the same time last year. The median time a home spent on the market fell nearly 10 percent to 111 days, indicating they're selling faster. Demand for homes typically ramps up toward spring, when many buyers want to complete the transaction and be settled in by the time school starts.
Prices also rose to reflect demand. Of the 146 markets tracked by Realtor.com, 106 of them saw an increase in asking price of 6.8 percent overall since last year. The median asking price of the 1.78 million homes nationwide is $188,000.
Read more: More buyers, fewer homes for sale | Bankrate.com http://www.bankrate.com/financing/mortgages/more-buyers-fewer-homes-for-sale/#ixzz1pTkWZCcI 

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