Housing Marketing Recovery and Home Insurance
The housing market is beginning to show signs of recovery after nearly 5 years of decline. Despite this, market prices are still below the cost to rebuild a home in most locales throughout New Jersey and the Northeast.
An interesting article explaining home valuation and New Jersey home insurance in more depth is at Xactware’s website, http://www.xactware.com/en-us/solutions/property-valuations/360value/market-value-replacement-cost-overview.