The state of NJ has an 99 month housing surplus (not exactly sure what that means, but it doesn't sound good). The shore towns in Cape May county are the worst. Avalon, which is an high-end summer resort town has the highest at 120 month. I guess that means at the rate people are buying homes, it would take 10 years to buy all the homes that are for sale in Avalon.


Whoever exalts himself will be humbled, whoever humbles himself will be exalted - Matthew 23:12