The real estate market in New Jersey is all set to change with the efforts of real estate companies that are hell bent on turning the tide in their favour. Notwithstanding, the double-dip recession and the extended global economic slowdown, companies like Boraie are making all out efforts to reduce the demand-supply gap. Demand for low-cost housing is high but prices aren’t going down as real estate developers and brokers do not want to let go off any opportunity to make a killing in terms of profit. Houses are being released for sale in the secondary market as first-time house owners who essentially are the main drivers of an investor led market are not ready to flip houses unless they see decent profits on the horizon.
Boraie leads the way…
Companies like Boraie development have the vision and foresight to predict the housing emergency that looms large over the North American skyline; if nothing serious was done to avert it. By adopting the acquisition and redevelopment route to resell properties it can bring affordable luxury to one and all. And in the process resolve shortages and the impending affordability crisis.
With more jobs, being created, more people will move in this area given its proximity to the train stations that is an added plus. More people coming in the area will drive up rents and that will make some savvy buyers think of buying houses through secured mortgages rather than paying a hefty rent every month that does nothing to create anything of value.
About Boraie development: Credited with the honour of being one of the most respected real estate companies in the New Jersey, Omar Boraie has come a long way in its journey of three decades. Serving customers across a wide variety of income strata has given the company a distilled and unmatched experience of creating valuable real estate properties at interesting price points. Managing properties is also its forte part from building and selling them. Check out pressofatlanticcity.com
With over $150 million worth of real estate transactions under its belt, the company is poised to challenge the bigger players in the North American market. It plans to do so through the acquisition and redevelopment route that leverages its strength in sales and marketing to full effect. With its immense marketing prowess and three decades of experience in the brokerage business, Boraie is all set to make a difference to the North American realty space. Check out re-nj.com for more.
Stay tuned to know more about the latest happenings in the real estate business through this page. The article has been published through Philly purge.