Northern New Jersey Real Estate Bubble

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No, not out of state. Well, not yet anyway. This blog and it's readership have grown tremendously over the past year. This tool is no lo...

From Marketwatch: Fannie Mae could be hit hard by housing bust: Berg The worst of Fannie Mae's regulatory troubles may be behind it, but...

From the NAHB: Builder Confidence Slides In August Reacting to what they perceive as increasing consumer uncertainty regarding the market fo...

From the Wall Street Journal: Use of Nontraditional Mortgages Is Edging Higher, Poll Indicates Use of several types of nontraditional mortga...

From Bloomberg: Housing Slump in U.S. May Lead to First Drop Since Depression Nancy and Brian Christopherson are asking $389,900 for their e...

From the New York Times: Who Bears the Risk? The housing boom would never have lasted as long as it did if mortgage lenders had to worry abo...

From Reuters: Jump ship or pink slip for some realtors They are jumping ship or receiving the pink slip. America's real estate agents an...

From the Daily Record: Critics say talk bogs down progress; Democratic lawmakers urge patience So what happens when you put a sacred cow, a ...

Welcome to another edition of Lowball! Lowball! takes a look at home sales from a different perspective. For those new to Lowball!, a lowbal...

From PhillyBurbs.com: Market slowdown If there's any doubt in your mind that the local real estate market has slowed, ask a seller. “It ...

From the NY Times: Someone’s Spoiling the Party, the Housing Market Says TO hear some people in the real estate industry tell it, one of the...

From the NY Times: A Fable, Adapted From Aesop THERE is an Aesop fable about a man — Greek, of course — who sees a swallow fluttering about ...

From the Star Ledger: New life for old factories in Orange The boarded-up factories where John B. Stetson and his family built a thriving ha...

From the Asbury Park Press: Sellers may have to adjust expectations and prices Sometime after Mel and Hildy Warren agreed to buy a new home ...

Came across this poster in the window of a Valley National Bank this morning. What ever happened to paying for things with... money? When ...

From Newsday: Nassau home prices actually drop For the first time in nine years, Nassau County's closed median home prices dropped over ...

From the Jersey City Reporter: 67-story tower to overlook Newport Mall A 755-foot residential tower called the "Metropolitan" is b...

From the Wall Street Journal: New Home-Buying Tricks Home builders have a new trick to try to sell you a new home: They will help you get ri...

From the Star Ledger: Landmark status gains for historic estate The C. H. Huestis House, a 22-room shingle-style Queen Anne Victorian once t...

Observations about your local areas, comments on news stories or the New Jersey housing bubble, Open House reports, etc. If you have any que...

From Comstock Partners: The Hard Landing For Housing is Already Here The market is suddenly assuming that since energy prices are declining ...

From the Star Ledger: More aid is needed for building of schools New Jersey's school construction program needs an infusion of $3.25 bil...

From the Asbury Park Press: First-time buyers face hurdles in real estate market Michael Knapp was eager to be the first person in his famil...

From the WSJ Real Estate Journal: Foreclosure Figures Suggest Homeowners in for Rocky Ride By any measure, things are getting tougher for Am...

For those following the Towaco case. From the Daily Record: Jury: Nothing wrong with a house in Towaco A Superior Court jury decided Tuesda...

A Letter to the Editor published in the Jersey Journal: We're being pushed out Enough with condo conversions in Jersey City. Out-of-town...

From the WSJ Real Estate Journal: AmEx Makes Room on Its Cards For Down Payments on Condos Coming up with the money for a down payment on a ...

From Realty Times: Realty Reality: "Five Stages" Applies to Realtors Too The first stage, Denial, is similar to that observed in t...

Great piece this morning from the Wall Street Journal: How Low Will Home Prices Go? Recently she's seen reasons for hope: Far more homes...

From YouTube: From the Daily Record: Parsippany superintendent lampooned in YouTube video Incoming Schools Superintendent LeRoy E. Seitz wil...

From the Asbury Park Press: Panel eyes "significant" changes to state benefits Lawmakers continued batting around ideas Wednesday ...

From the Star Ledger: The eminent domain outlaws Songwriter Woody Guthrie, who chronicled the injustices of the 1930s, wrote in "The Ba...

Something a bit more lighthearted. From The Record: Monopoly outgrows A.C. Goodbye, Boardwalk. Hello, Broadway! On Tuesday, Hasbro, the mak...

GSMLS - http://www.gsmls.com (Garden State Multiple Listing Service) Single Family Homes, Condo, Coop (Bergen, Essex, Hudson, Morris, Passai...

From the National Association of Realtors: NAR: Home Prices Expected to Fall for Remainder of 2006 (full text posted) Housing prices are exp...

Welcome to another edition of Lowball! Lowball! takes a look at home sales from a different perspective. For those new to Lowball!, a lowbal...

From the Asbury Park Press: N.J. jobless rate higher in August New Jersey's economy didn't add enough jobs in August to keep up with...

From the Wall Street Journal Online: Rising Inventory of Unsold Homes Is Likely to Put Pressure on Prices A continued rise in inventories of...

From the Star Ledger: 'First suburbs' are finding strength in numbers They are described as the "first suburbs," towns tha...

From the Courier Post Online: Study: S.J. good place to live South Jersey is one of the best places in America to relocate -- but not retire...