Monthly Archives: May 2008

The “audacity of hope”

Posted in Housing Bubble, National Real Estate | 224 Comments

From Bloomberg: Wall Street CEO Chorus Is Singing Out of Tune It’s become fashionable in certain circles — primarily among administration types and Wall Street chief executives whose banks are losing gobs of money — to say that the worst … Continue reading

Fighting to keep the rebates

Posted in Economics, New Jersey Real Estate, Property Taxes | 3 Comments

From the AP: Pre-emptive strike launched against more NJ rebate cuts A pre-emptive strike is being launched against the possibility of additional cuts to New Jersey’s property tax rebates. AARP New Jersey plans to rally at the Statehouse on Monday. … Continue reading

Weekend Open Discussion – Part II

Posted in General | 157 Comments

Now Open, Part II! Prior weekend thread closed due to comment overflow

Weekend Open Discussion

Posted in General | 285 Comments

This is the time and place to post observations about your local areas, comments on news stories or the New Jersey housing market, open house reports, etc. If you have any questions you wanted to ask earlier in the week … Continue reading

Photos of the Week

Posted in General | 7 Comments

Photo of the Week: NOLA 2008 – A Photo Essay In Three Frames by NJPatient New Construction in Old Metairie Balconies in the French Quarter Del McCoury at Jazz Fest

“The coast is not clear”

Posted in Housing Bubble, National Real Estate | 41 Comments

From the WSJ: HOUSE TALK Another Full Year Of Housing Pain? By JUNE FLETCHER May 1, 2008 3:55 p.m. Don’t look for the housing market to improve until the daffodils bloom next spring. For home sellers, the continuing pain means … Continue reading

NJ Judiciary barely treading water

Posted in Economics, New Jersey Real Estate, Risky Lending | 1 Comment

From the NJ Judiciary: Testimony by Judge Philip S. Carchman Acting Administrative Director of the Courts Senate Budget and Appropriations Committee Fiscal Year 2009 Wednesday, April 30, 2008 Economic indicators tell us that by the end of this court year, … Continue reading