Bergen County NJ Real Estate

Northern New Jersey residential real estate is not all what you read in the papers and what you see on television. Originally getting my real estate sales license in 1976, I have seen interest rates hover at 18%. I have seen the Resolution trust Corporation, (RTC) take over foreclosed homes in the late 80's during the Savings and Loan fiasco. The situation we are in now isn't great, but it isn't that bad.

Now as owner of CENTURY 21 Eudan Realty in Bergen County, with offices in Hasbrouck Heights, Wood-Ridge and the Township of Washington, we see lowering of prices of homes with the stiffening of the mortgage market. This coupled with the fear placed on us by the financial situation throughout the world is not a wonderful feeling. However, please realize that investors have started to come back into the market and that is the first sign of a real estate market swing