Hovnanian sees 27 percent increase in home contracts
Asbury Park Press / app.com
Jeffrey Otteau, the president of the Otteau Valuation Group in East Brunswick, a real estate appraisal and consulting firm, said…
Transforming Foreclosed Houses into Affordable Housing
NJ Spotlight / njspotlight.com
Otteau said the bill would go far beyond creating more affordable housing and reducing vacancies. It would also help stabilize…
NJ gets $837.7M in nationwide mortgage and foreclosure settlement
Home News Tribune / mycentraljersey.com
There is a momentum building in the housing market. It is entirely occurring in the lower price ranges, Otteau said.…
From Bottom Up, Signs of Housing Recovery
The Wall Street Journal / wsj.com
Analysts have noted a similar pattern in New Jersey. Sales have picked up due to buyers of properties priced less…