Homes Under Pressure
he Wall Street Journal / wsj.com
Foreclosures place downward pressure on neighborhoods, said Jeffrey G. Otteau, an appraiser and housing consultant. "Home prices are falling fastest…
McMansions swell the real estate market as homebuyers think small
The Star-Ledger / nj.com
In New Jersey, it would take 14.6 months to sell the current inventory of houses listed between $600,000 and $1…
Median home price for region including Shore drops 9.9 percent
Asbury Park Press / app.com
Meanwhile, the pace of home sales in New Jersey since August was about the same as the period in 2010,…
A change of plans could save failing real estate
NJBIZ / njbiz.com
Real estate appraiser Jeffrey G. Otteau, president of Otteau Valuation Group, also said the bill's changes are necessary. He said…