Friday, June 17, 2011

The Impact of Distressed Properties on Homes in Ocean County

Discounted Inventory

Distressed Inventory

Our friends at Keeping Current Matters just wrote an excellent piece on The Impact of Distressed Properties on Neighboring Values. We, here at Coldwell Banker Flanagan Realty, have been warning our Ocean County residents about the “Shadow Inventory” since the beginning of the year. The BIG QUESTION has always been, just when will all of these distressed properties come to market? According to The KCM Crew, we should expect to see larger numbers of distressed homes coming on the market over the next 6 months in Ocean County, NJ.

How will this “Distressed Inventory” affect home values in Ocean County, NJ?

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