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NJ real estate market? Buyers enjoying cash offers, bidding wars

NJ real estate market? Buyers enjoying cash offers, bidding wars
northjersey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northjersey.com Daily Mail and Mail on Sunday newspapers.

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NJ real estate market? Buyers enjoying cash offers, bidding wars

NorthJersey.com
With two children and a third on the way, Heather and Patrick Healy decided their 1,900-square-foot home in New Providence was just too small. Knowing the real estate market was hot early this year, the couple figured looking in the million-dollar range would give them a cushion. But the market was just too tough.
They lost out in bidding wars for homes in Chatham and Basking Ridge before snaring a Basking Ridge 4,300-square-foot colonial revival built in the 1980s. The purchase price: $1,082,000.
There s no room for negotiations, said Heather Healy, 34. You have to be willing to pull the trigger right away. ....

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