Monthly Archives: May 2010

2.5% Cap – But will it pass?

Posted on May 11, 2010 by grim
Posted in New Jersey Real Estate, Property Taxes | 398 Comments

From the Philly Inquirer: Christie urges sweeping changes to cap property taxes Gov. Christie unveiled a sweeping package of proposals Monday aimed at solving the state’s “property-tax crisis,” minutes after Democratic legislative leaders proposed reinstating an income-tax surcharge on residents … Continue reading →

“We’re just not going to recover if the jobs don’t come back”

Posted on May 10, 2010 by grim
Posted in Economics, Housing Bubble, South Jersey Real Estate | 322 Comments

From the Daily Journal: Real estate market not out of woods yet VINELAND — Residential real estate still struggles in communities in Cumberland County and western Atlantic County, especially in the high-value end of the market. Federal tax credit incentives … Continue reading →

No worries, we’ll make it up in property taxes

Posted on May 7, 2010 by grim
Posted in Property Taxes | 546 Comments

From the Press of Atlantic City: Atlantic City suffers biggest 2009 revenue decline among nation’s gaming markets The nation’s commercial casino industry experienced a slump in jobs, revenue and tax receipts in 2009, with Atlantic City suffering the most among … Continue reading →

¡Viva la Revolución!

Posted on May 6, 2010 by grim
Posted in Economics, New Jersey Real Estate, Property Taxes | 385 Comments

From Investor’s Business Daily: Ready To Revolt In New Jersey? Two states in particular, New Jersey and New York, could use a version of California’s much-maligned Proposition 13. Without it, they might start seeing the middle class squeezed out of … Continue reading →

Snow falls in May

Posted on May 5, 2010 by grim
Posted in Economics, South Jersey Real Estate | 428 Comments

From the Press of Atlantic City: Condo owners hit with steep assessments for snow removal Spring has arrived and, for most residents of southern New Jersey, the winter and its record snowfall are just an unpleasant memory. But many people … Continue reading →

Christie drops the V-word

Posted on May 4, 2010 by grim
Posted in New Jersey Real Estate | 287 Comments

From the Record: N.J. Gov. Chris Christie: Vouchers offer a ‘final solution’ for school system A voucher system that lets any child in New Jersey go to any school, public or private, is the “final solution” to an overly expensive … Continue reading →

Bargains at the shore?

Posted on May 3, 2010 by grim
Posted in Economics, Shore Real Estate | 275 Comments

From the APP: Shore’s summer rental market remains unsteady Jim Fuhse has rented property in Manasquan to summertime tourists since the early 1990s, through recessions and expansions, through sun and rain, so he can attest: This season is just, plain … Continue reading →