Monthly Archives: April 2006

This piece by Senator Anthony Bucco appears in this mornings Asbury Park Press: Corzine budget will help chase New Jerseyans away New Jersey is fast becoming unaffordable, and Gov. Corzine’s budget plan will only hasten the process. Forty-seven states enjoy … Continue reading →

The Otteau Report for February was released last Friday. The full text is as follows: STILL! Waiting for the Spring Market Although buying activity in February registered a 15% increase over January’s level, it is currently running well behind last … Continue reading →

From the National Association of Realtors: Pending Home Sales Leveling Out, Market Balancing The Pending Home Sales Index,* based on contracts signed in February, slipped 0.8 percent to a level of 117.7 from an upwardly revised index of 118.6 in … Continue reading →

The Express Times provides us with our second piece today. Continuing with the affordability theme, here is: Getting in on housing boom would bust me I’m convinced that by the age of 30, I’ll be living in a dilapidated mobile … Continue reading →

From the Jersey Journal: Home price surge worries longtime residents Hudson County home prices are soaring – and while that might be good news for those who are selling, it’s a cause for concern for residents who don’t want to … Continue reading →

Observations about your local areas, comments on news stories or the New Jersey housing bubble, Open House reports, etc. If you have any questions you wanted to ask earlier in the week but never posted them up, let’s have them. … Continue reading →

From the Weekly Standard (in print next week): Housing Bubble Trouble Have we been living beyond our means? WITH NEW HOME SALES DOWN 10.5 percent in February, and with home prices declining for the fourth month in a row, it’s … Continue reading →

Welcome to another edition of Price Reduced! For all the newcomers to this blog, Price Reduced! takes a look at a handful of significant price reductions across Northern NJ. The purpose of this exercise is to serve as proof that … Continue reading →