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

Posted in Shore Real Estate, South Jersey Real Estate | 118 Comments

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

Posted in Housing Bubble, New Jersey Real Estate, South Jersey Real Estate | 314 Comments

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