According to The Otteau Report, the New Jersey housing market for the month of October recorded the highest number of sales in three years, a 55% increase from the same month of 2008. Local sales are also up from last year. Quarterly under contract sales in the 3rd quarter, typically a slow time of year, were higher than past years and 4th quarter under contract sales are already equal to or higher than 2008. This new data...
