Homes Under Pressure

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…

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McMansions swell the real estate market as homebuyers think small

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…

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Median home price for region including Shore drops 9.9 percent

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,…

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A change of plans could save failing real estate

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…

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