Category Archives: General

North Jersey May 2008 Residential Sales

Preliminary May sales and inventory data for Northern New Jersey (GSMLS) is in. Please note that this data is subject to revision. The first graph plots the unadjusted sales data (closed sales) for the counties listed. Please note the lower … Continue reading

Posted in General | 318 Comments

Weekend Open Discussion – Part II

Now Open, Part II! Prior weekend thread closed due to comment overflow ——————————————– Save the Date! New Jersey Real Estate Report Get Together June 14th, 2008 at 5pm The Brass Rail 135 Washington St Hoboken, NJ 07030

Posted in General | 166 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 | 370 Comments

State moves forward with $2,000 Foreclosure Tax

From the Courier Post Online: State moves to help those in danger of foreclosure An Assembly panel released a measure today that would create a roughly $30 million fund aimed at helping those facing foreclosure because of the problems in … Continue reading

Posted in General | 41 Comments

March LoanPerformance HPI: NJ prices down 5-10%

From First American CoreLogic: Forty Two States Show Decline in Past Three Months “Two thirds of all states now show year-over-year real estate declines according to this latest LoanPerformance HPI release,” said Mark Fleming, chief economist for First American CoreLogic. … Continue reading

Posted in General | 286 Comments

Weekend Open Discussion

Victory! At 8:18am EST on June 1st, I’m claiming victory. The New Jersey Real Estate Report is, unequivocally, the best regional/state real estate blog in the country (not that we needed this contest to know that). Kudos to Keith at … Continue reading

Posted in General | 114 Comments

No title needed

From the Economist: Through the floor America’s house prices are falling even faster than during the Great Depression

Posted in General | 69 Comments

Weekend Open Discussion – Part II

Now Open, Part II! Prior weekend thread closed due to comment overflow

Posted in General | 122 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 | 306 Comments

Realtors begin to doubt NAR statistical reports

From the Press of Atlantic City: Real estate agents debate local statistics The latest positive numbers for home sales and prices have divided real estate agents, ordinarily a group uniformly upbeat about the housing market. Some doubt the numbers, even … Continue reading

Posted in General | 227 Comments

Downpayments in style again

From Reuters: Housing Crunch: Return of the Big Downpayment As U.S. banks mop up the mess from billions of dollars of bad home loans, buyers are finding the days of cheap money are over and, in many cases, tougher versions … Continue reading

Posted in General | 1 Comment

Abusing farmland assessment

From the APP: Pennacchio: Block “gentlemen farmers” from property tax break U.S. Senate candidate Joseph Pennacchio Monday criticized Republican opponent Dick Zimmer for making use of a property tax break by selling hay from his Hunterdon County home. Pennacchio pledged … Continue reading

Posted in General | 8 Comments

REO re-enters the public lexicon

From the Record: Houses owned by banks may be bargains Vincent and Kerri Bagnaturo had been looking to trade up to a bigger place in Ridgewood for almost two years when they came upon the house they felt was the … Continue reading

Posted in General | 343 Comments

Weekend Open Discussion II

Now Open, Part II! Prior weekend thread closed due to comment overflow

Posted in General | 205 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 | 417 Comments