Monthly Archives: September 2006

Don’t buy stuff you cannot afford

Came across this poster in the window of a Valley National Bank this morning. What ever happened to paying for things with… money? When did the line between buying and borrowing get so blurred? A little primer for those who … Continue reading

Posted in General | 19 Comments

Nassau Home Prices Drop

From Newsday: Nassau home prices actually drop For the first time in nine years, Nassau County’s closed median home prices dropped over the last year, leaving experts to wonder whether the housing market’s downturn could be more significant – and … Continue reading

Posted in General | 17 Comments

Nassau Home Prices Drop

From Newsday: Nassau home prices actually drop For the first time in nine years, Nassau County’s closed median home prices dropped over the last year, leaving experts to wonder whether the housing market’s downturn could be more significant – and … Continue reading

Posted in General | 26 Comments

Pep Boys Going Condo

From the Jersey City Reporter: 67-story tower to overlook Newport Mall A 755-foot residential tower called the “Metropolitan” is being proposed for land just south of the Newport Mall, at the site of where a Pep Boys Automotive store is … Continue reading

Posted in General | 5 Comments

Pep Boys Going Condo

From the Jersey City Reporter: 67-story tower to overlook Newport Mall A 755-foot residential tower called the “Metropolitan” is being proposed for land just south of the Newport Mall, at the site of where a Pep Boys Automotive store is … Continue reading

Posted in General | 5 Comments

Builders get creative

From the Wall Street Journal: New Home-Buying Tricks Home builders have a new trick to try to sell you a new home: They will help you get rid of your old one. Faced with falling sales, some builders are helping … Continue reading

Posted in General | 3 Comments

Builders get creative

From the Wall Street Journal: New Home-Buying Tricks Home builders have a new trick to try to sell you a new home: They will help you get rid of your old one. Faced with falling sales, some builders are helping … Continue reading

Posted in General | 3 Comments

Weekend Open Discussion

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

Posted in General | 102 Comments

Weekend Open Discussion

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

Posted in General | 102 Comments

Hard Landing Already Here?

From Comstock Partners: The Hard Landing For Housing is Already Here The market is suddenly assuming that since energy prices are declining and mortgage rates are drifting down, consumer spending will pick up and the housing industry decline will end. … Continue reading

Posted in General | 5 Comments

Hard Landing Already Here?

From Comstock Partners: The Hard Landing For Housing is Already Here The market is suddenly assuming that since energy prices are declining and mortgage rates are drifting down, consumer spending will pick up and the housing industry decline will end. … Continue reading

Posted in General | 5 Comments

First Time Buyer or F’ed Borrower?

From the Asbury Park Press: First-time buyers face hurdles in real estate market Michael Knapp was eager to be the first person in his family to buy a home, but first he had to make a few concessions. He settled … Continue reading

Posted in General | 95 Comments

First Time Buyer or F’ed Borrower?

From the Asbury Park Press: First-time buyers face hurdles in real estate market Michael Knapp was eager to be the first person in his family to buy a home, but first he had to make a few concessions. He settled … Continue reading

Posted in General | 96 Comments

Rough ride ahead

From the WSJ Real Estate Journal: Foreclosure Figures Suggest Homeowners in for Rocky Ride By any measure, things are getting tougher for American homeowners. Online foreclosure-data service RealtyTrac of Irvine, Calif., said yesterday 115,292 properties nationwide entered some stage of … Continue reading

Posted in General | 1 Comment

Agent misrepresented Towaco home

For those following the Towaco case. From the Daily Record: Jury: Nothing wrong with a house in Towaco A Superior Court jury decided Tuesday that a Weichert Co. real estate agent misrepresented the location of a Montville home and the … Continue reading

Posted in General | 2 Comments