The good news is that the overall economy is recovering. What a joke and you’re right I’m not laughing. The bad news is that it’s recovering very slowly. Today The Associated Press reports that prices are stuck in a free fall. It’s all over the net and can be found on countless brokerage sites across [...]

Generally speaking, a healthy real estate market has about a 6 month’s supply of homes on the market. More than that is a supply glut (too many homes and not enough buyers– good for buyers), less is a demand boom (houses selling off the shelves– good for sellers).

Check back for updates. I update my market reports once monthly, usually around the middle of the month. They cover the entire Rockland County residential condo and co-op market. Those reports are available here, or simply click on How’s the market on the right sidebar of this page.