National real estate news stories as of late have been speaking to a downturn in the market. Not so in Sussex County, New Jersey home to Crystal Springs, Mountain Creek, and Great Gorge Village.
This market is on fire. Sales volumes were higher in 2018 than the peak of the market in 2006. “December is usually dead, but we did five deals in one week,” says Glenn Schechter the broker manager of Mountain Resort Properties. “And there has been no letup in 2019. Buyers are everywhere”
Most of the activity continues to be in the second home market and the starter home market. The upper end is still mired in stagnation. Homes below $300,000 fly off the shelves. Over $500,000 or $600,000 is difficult, though not impossible.
“I think what we’re…