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Category Archives: South Jersey Real Estate
No big price drops at the shore?
From the Philly Inquirer: At the Shore, many homes retained value after a wild ride If you have the money – and that means cash – you can buy your dream house at the Jersey Shore. If you don’t, as … Continue reading
South Jersey Slump
From the Press of Atlantic City: Southern New Jersey builders say this has been a depression for them Despite a housing slump that devastated the home-building industry, new homes continue to be built in southern New Jersey, mostly in projects … Continue reading
Posted in New Development, South Jersey Real Estate
205 Comments
“We’re just not going to recover if the jobs don’t come back”
From the Daily Journal: Real estate market not out of woods yet VINELAND — Residential real estate still struggles in communities in Cumberland County and western Atlantic County, especially in the high-value end of the market. Federal tax credit incentives … Continue reading
Posted in Economics, Housing Bubble, South Jersey Real Estate
322 Comments
Snow falls in May
From the Press of Atlantic City: Condo owners hit with steep assessments for snow removal Spring has arrived and, for most residents of southern New Jersey, the winter and its record snowfall are just an unpleasant memory. But many people … Continue reading
Posted in Economics, South Jersey Real Estate
427 Comments
South Jersey slammed by foreclosures
From the Courier Post: Foreclosure bites South Jersey hard When first-time home buyer Derrick Hannah saw a three-bedroom ranch home in Willingboro, he fell in love with its spotless kitchen and its expansive backyard with a patio. But, a couple … Continue reading
Posted in Foreclosures, South Jersey Real Estate
83 Comments
Philly area home prices fall 7.4%, sales fall by more than a quarter
From Prudential Fox & Roach: Greater Philadelphia Housing Prices Decreased 7.4 Percent in the First Quarter of 2009; (no link) reater Philadelphia region* median home sale prices decreased 7.4 percent to $199,000 in the first quarter of 2009, according to … Continue reading
South Jersey Pending Home Sales
From Prudential Fox & Roach (no link): January Pending Home Sales Index© Shows 28 Percent Drop from Last Year’s Greater Philadelphia Region Real Estate Activity DEVON, PA – February 3, 2009 – The Greater Philadelphia region* saw an 14.8 percent … Continue reading
Posted in Economics, South Jersey Real Estate
195 Comments
South Jersey pending sales fall in March
From Prudential Fox & Roach (no link): Unseasonably Cold Weather Leads to Dip in Southern New Jersey Real Estate Market According to The Prudential Fox & Roach, REALTORS® HomExpert Pending Home Sales Index©, the number of sales under contract was … Continue reading
Posted in South Jersey Real Estate
18 Comments
Rebuilding Camden
From the Philly Inquirer: So much spent, still so far to go By Dwight Ott New Jersey taxpayers have bet $114 million on Camden’s recovery. But four years into the state’s ambitious plan to revive the struggling city, progress has … Continue reading
Posted in Politics, South Jersey Real Estate
27 Comments
Camden Gentrification
From the Philadelphia Inquirer: Condo developer bullish on Camden By Dwight Ott Philadelphia region housing starts are sagging, condo projects have stalled, and Camden is taking hits in the news again. None of it dents developer Carl Dranoff’s optimism. He’s … Continue reading
Posted in New Development, South Jersey Real Estate
41 Comments