Monthly Archives: January 2007

Impact of age-restricted development

Posted on January 2, 2007 by grim

From the Record: Does senior housing cater to seniors or developers? Housing developments targeting empty nesters and senior citizens are sprouting up in large numbers throughout North Jersey, where the region’s graying baby boomer population is fueling a demand for … Continue reading →

Posted in New Development, New Jersey Real Estate | 6 Comments

Will tax cuts “end the exodus”?

Posted on January 2, 2007 by grim

From the Asbury Park Press: Property tax reform back on the table With major reforms stalled, New Jersey legislators return to work this week after missing their Jan. 1 deadline to tackle the nation’s highest property taxes. The Legislature left … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 10 Comments

“Am I going to be a peak-of-market buyer and is the market way, way overpriced?”

Posted on January 1, 2007 by grim

From the Asbury Park Press: Clouds gather over housing market If nothing else, 2006 will be remembered as the year the housing market came back down to earth. Area home prices, which nearly doubled in the first five years of … Continue reading →

Posted in Housing Bubble, New Jersey Real Estate | 147 Comments

“So what will rescue the U.S. economy from the collapse of the housing bubble?”

Posted on January 1, 2007 by grim

From the Centre Daily Times: No: Beware of shock waves The big question for the U.S. economy now is whether we will make it through 2007 without a recession. Most of the top economic forecasters are predicting a “soft landing,” … Continue reading →

Posted in National Real Estate | 1 Comment

How big is too big?

Posted on January 1, 2007 by grim

From the Home News Tribune: Towns seek to regulate “McMansions” With an ever-shrinking amount of buildable land, some Central Jersey municipalities are asking a new question about houses: How big is too big? Bernards, Chatham Township and Bedminster this year … Continue reading →

Posted in New Development, New Jersey Real Estate | Comments Off on How big is too big?

Live in a condo … give up your rights?

Posted on January 1, 2007 by grim

From the Philly Inquirer: Condos’ free-speech limits get a day in court Twin Rivers has schools, businesses, a public library, and 10,000 units of housing. But it’s not a town. It’s a development where the rules are made by a … Continue reading →

Posted in General, New Jersey Real Estate | 1 Comment