Monthly Archives: June 2008

March LoanPerformance HPI: NJ prices down 5-10%

Posted on June 2, 2008 by grim

From First American CoreLogic: Forty Two States Show Decline in Past Three Months “Two thirds of all states now show year-over-year real estate declines according to this latest LoanPerformance HPI release,” said Mark Fleming, chief economist for First American CoreLogic. … Continue reading →

Posted in General | 286 Comments

Bank Owned Homes Surge

Posted on June 2, 2008 by grim

From the WSJ: Number of Foreclosed Homes Keeps Rising Lenders Cut Prices To Jump-Start Sales As Inventory Grows By JAMES R. HAGERTY June 2, 2008; Page A3 The number of foreclosed homes owned by lenders continues to rise despite signs … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 275 Comments

Who is your agent working for?

Posted on June 2, 2008 by grim

From Newsday: FREE HAIRCUTS . . . if she sells their house Bring the buyer. Get a year of free hair salon services. That’s the offer real estate agent Zandra Lawrence got in September from a Miller Place seller if … Continue reading →

Posted in National Real Estate | 7 Comments

Weekend Open Discussion

Posted on June 1, 2008 by grim

Victory! At 8:18am EST on June 1st, I’m claiming victory. The New Jersey Real Estate Report is, unequivocally, the best regional/state real estate blog in the country (not that we needed this contest to know that). Kudos to Keith at … Continue reading →

Posted in General | 114 Comments