Slumping Builder Slashes Home Prices
The Star Ledger
One homebuilder, Lennar, slapped huge discounts on some of its homes late last year, according to Jeffrey Otteau, President of…
Census: More N.J. Homeowners are Over-extended
The Star Ledger
Jeffrey G. Otteau, President of the Otteau Valuation Group in East Brunswick and a housing analyst, predicted New Jersey faces…
Good, Bad News for N.J. Housing
The Star Ledger
Foreclosures shoot up, but total is fairly small. Jeffrey Otteau, president of the Otteau Valuation Group, a leading real estate…
Softer Landing
The Star Ledger
The inventory of unsold homes in all of New Jersey has soared to a record 72,000 homes, compared to only…