Monthly Archives: October 2008

Inflated Housing or Affordable Housing?

Posted on October 7, 2008 by grim

From the Lower Hudson Journal News: Middle-income earners priced out of homes Joel Bodian wants a cozy, two-bedroom home with a tiny yard to share with his black Labrador retriever, Delilah. The single 63-year-old self-employed mechanical engineer is finding it … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate, Politics | 400 Comments

“Most owners still are unrealistic when pricing their homes”

Posted on October 6, 2008 by grim

From Reuters: Coldwell sets 10-day price cuts to spur home sales One of the largest U.S. real estate brokerages on Monday said it is asking its sellers to cut listing prices by as much as 10 percent to kick-start U.S. … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 473 Comments

Weekend Open Discussion

Posted on October 3, 2008 by grim

This is the time and place to post observations about your local areas, comments on news stories or the New Jersey housing market, open house reports, etc. If you have any questions you wanted to ask earlier in the week … Continue reading →

Posted in General | 808 Comments

Senate Passes Bailout Bill

Posted on October 2, 2008 by grim

From the Wall Street Journal: Senate Vote Gives Bailout Plan New Life The Senate handily passed a controversial financial rescue package Wednesday, giving the bill its first legislative victory but adding provisions that could complicate efforts to push the $700 … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate, Politics | 401 Comments