Monthly Archives: November 2008

Tax Collections Down Statewide

From the Press of Atlantic City: State down $73.1 million amid low home sales, gaming, retail The housing-market downturn isn’t just affecting property owners looking to unload their homes; the state, too, is feeling the pinch, collecting $17.6 million less … Continue reading

Posted in New Jersey Real Estate, Politics, Property Taxes | 327 Comments

Pace of Jersey Teardowns slows

From the New York Times: A Slower Pace in Teardowns NO. 1 Teardown State. That has been New Jersey’s ranking from the National Trust for Historic Preservation each year since 2002, when the trust began keeping track of how many … Continue reading

Posted in Economics, New Development, New Jersey Real Estate | 124 Comments

Weekend Open Discussion

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 | 446 Comments

“If it wasn’t for (them), I don’t think I would have sold the house.”

From the Daily Record: Morris seniors get help moving on to the next phase of their lives Vincent Keegan moved to Cedar Crest in Pompton Plains in late August, after Morris County’s largest senior retirement community helped him sell his … Continue reading

Posted in Economics, New Development, New Jersey Real Estate | 376 Comments

Underwater? So what.

From the Wall Street Journal: ‘Underwater’ Need Not Mean Foreclosure What does being “underwater” in your house really mean? Probably not that you’re drowning. The number of underwater homeowners — those who owe more on their mortgages than their home … Continue reading

Posted in Economics, Housing Bubble, National Real Estate | 413 Comments

Election Day Open Discussion

First, go vote. Second, talk about it here. Third, assume the identity of a dead relative and vote again. (Hudson Country Residents only, please!)

Posted in Politics | 515 Comments

“We may look back and see these as the good old days.”

From the Record: No place to hide from foreclosures Foreclosures continue to rise in North Jersey, with thousands of homeowners in Bergen and Passaic counties in danger of losing their homes. There were 2,422 foreclosure filings in Bergen County and … Continue reading

Posted in Economics, New Jersey Real Estate | 410 Comments