New Home Sales Gained for the Fourth Straight Month and Existing Home Sales Fared Even Better
Existing single family home sales were up 7.2% in July, compared with June and up 5% from July of ‘08. This is the largest gain for existing home sales, a number tracked by the National Association of Realtors, since 1999. Also for the first time in five years, new home sales have increased for four months in a row.
The national home inventory level is down to an average of 7.5 months and experts say homes have not been this affordable in a generation.
These upbeat reports may be the sign everyone has been waiting for. It may be time to make a move on that Ridgewood Home you have been coveting – before the market spikes again – as we all know it eventually will.
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About Al Donohue
Contact Al at 201.906.3287 or aldonohue@optonline.net
Al Donohue heads up Marron Gildea & Donohue’s Ridgewood office and is one of the top agents in Bergen County.
Al attributes much of his success to lessons learned during his years as a top sales executive on Wall Street. Most of Al’s clients are busy professionals and business owners and they love the fact that he speaks their language and understands the incredible demands on their time. Al stays in constant touch with his clients not only through phone calls and face-to-face meetings but also through email, instant messaging, and web pages created specifically for his clients. Clients can view the status of the sale of their home, read feedback from agents that have shown their home and review the status of their personal marketing plan 24-hours-a-day via their personal web page.
Al understands that technology is just a tool and says it is really his focus on providing world class customer service that has enabled him to achieve great results for his clients. He says the key to his success has been his ability to listen more than he speaks and always put the needs of his
