Monthly Archives: February 2007

Can the subprime shakeup bring down the market?

Posted on February 1, 2007 by grim

From Bloomberg: Housing Threatened by Defaults in Sub-Prime Mortgage Market “As the Fed tries to tighten credit standards, some borrowers who planned to roll over a mortgage into a better product are going to get caught in the corridor and … Continue reading →

Posted in Economics, Housing Bubble | 4 Comments

Just how fast will they squander the money?

Posted on February 1, 2007 by grim

From the Trentonian: Paying down the debt or a one-time budget fix? In 1949, when state lawmakers were selling the idea of a toll road to be called the New Jersey Turnpike, the grand promise was that the tolls would … Continue reading →

Posted in Politics, Property Taxes | 8 Comments

Shore towns consider consolidation

Posted on February 1, 2007 by grim

From the Asbury Park Press: Towns want grant for merger study Eight towns giving consideration to forming a South Monmouth Regional Police Department out of their individual forces plan to ask for a state grant so they can appoint a … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | Comments Off on Shore towns consider consolidation