Cresskill Real Estate Today and Tomorrow

Posted by & filed under Buying, Selling.

I thought it would be a good time to take a look at how Cresskill real estate is today and how projections are for tomorrow. Cresskill is like  “A Tale of Two Cities.”  At over $2 million, the for sale to under contract ratio is 20 to 1;  at under $1 million, it drops to 5 to 1.  According to Jeff Otteau (www.Otteau.com) when you get to 5 to 1, you’re entering…