Monthly Archives: June 2006

A bit out of the blog area, but an important piece on eminent domain abuses.. From the Courier Post: Meeting today on possible taking of Cramer Hill homes A meeting to discuss the possible taking of homes in the Cramer … Continue reading →

From the NJ Herald: Vernon on road to redevelopment By BILL WICHERT As Township Planner Fred Suljic put it, redevelopment puts Vernon in the driver’s seat to lead developers and residents toward an overarching vision for the town. Tied to … Continue reading →

I’m going to open up the weekend thread earlier than usual. Since my web access is a bit spotty, I’m going to get the topic up now. Observations about your local areas, comments on news stories or the New Jersey … Continue reading →

From the NY Times: Payments That Last a Lifetime WITH the recent climb in housing prices, more buyers than ever have been faced with a dilemma: swallow a monstrous monthly payment and risk financial ruin, or settle for a less … Continue reading →

From the NY Times: Where Town Homes May Soon Be Rare AS public opinion has generally turned against sprawl in New Jersey, big-lot residential zoning has mostly fallen out of favor in towns around the state. Admittedly, there are still … Continue reading →

From Marketwatch: U.S. housing boom is biggest since 1890 The recent housing boom is the biggest the United States has ever seen, but its underlying reasons may have been psychological, economist Robert J. Shiller said on Friday. New data also … Continue reading →

This isn’t exactly a bubble article, but definitely an interesting read which raises a lot of questions about development in close proximity to others: Construction in neighboring town damages 2-family house Tenants of the two-family clapboard home began hearing the … Continue reading →

From Realty Times: “Losing” on Real Estate Price a Matter of Perspective by M. Anthony Carr When it comes to pricing your house when you’re ready to sell it, keep in mind you must sell in the market you’re in … Continue reading →

From the News & Observer: Dollars follow white collars More white-collar jobs are moving to North Carolina to take advantage of the state’s lower-cost professionals. Executives with technology and financial service companies say they can slash wage expenses by moving … Continue reading →

From Bloomberg: U.S. May Consumer Prices Rise 0.4%; Core Rises 0.3% Rising gasoline costs and rents propelled U.S. consumer prices higher last month, increasing speculation that Federal Reserve policy makers will raise interest rates later this month. Prices paid by … Continue reading →

From U.S. News: Housing bubble correction could be severe Contrary to popular belief, the housing market hasn’t cooled off that much. In fact, residential real estate prices continue to soar in a number of key metropolitan areas, according to a … Continue reading →

From Reuters: Producer prices up more than expected U.S. producer prices excluding energy and food rose faster than expected last month and high gasoline prices boosted otherwise tepid retail sales, the government said on Tuesday in reports that signal inflationary … Continue reading →

Ahh yes, more wonderful news regarding the valuation of homes in ‘overvalued’ areas. Check out this article, and look at the percentages. Home prices too high in 71 cities Pretty scary, isn’t it? Could you imagine just buying a home … Continue reading →

For your reading pleasure, from the Joint Center for Housing Studies of Harvard University: The State of the Nation’s Housing 2006 The housing boom came under increasing pressure in 2005. With interest rates rising, builders in many states responded to … Continue reading →

Guest blogger Richie is back for an encore. Grim is heading away on vacation again, so I’m filling in part time to keep the conversations going here. I just came across this great piece from the Associated Press; the title … Continue reading →