Local couple navigate housing market in crisis
Press of Atlantic City
The housing market in New Jersey - not as ravaged by foreclosures and falling home prices as other states - is poised for a turnaround within the next 12 months, housing expert Jeffrey Otteau says.
Age Restricted Communities Popular, but Still a Bust in NJ
The Press of Atlantic City
But housing market expert Jeffrey Otteau says boomers may not be so quick to flood those communities now – at least not in New Jersey.
Enticed by the Water Views
The New York Times
And Jeffrey Otteau, whose company, the Otteau Valuation Group, analyzes residential sales statistics for brokers, said that in downtown Jersey City, the site of Crystal Point, the pace of condo sales had more than doubled since January.
Transit Cities’ Face Roadblocks
The New York Times
As Jeffrey Otteau, a residential analyst, put it in a recent interview, "Nothing has been able to escape the economic and financial collapse we’ve seen over the last year — transit-oriented development included.
Transit Cities’ Face Roadblocks
The New York Times
As Jeffrey Otteau, a residential analyst, put it in a recent interview, "Nothing has been able to escape the economic and financial collapse we’ve seen over the last year — transit-oriented development included.
N.J. Senate vote could allow courts to overrule towns and open up senior housing
Nj.com/Star Ledger
During the construction boom of the last decade, builders rushed to provide housing for people 55 and over, and local officials gobbled it up, said Jeffrey Otteau, of the East Brunswick firm Otteau Valuation Group, which studies New Jersey housing…
Housings analysts say rising mortgage rates mean potential N.J. buyers missed best deals
Nj.com/Star Ledger
For those that are still waiting, they've already missed that perfect moment when prices were low and interest rates were also low, said Jeffrey Otteau, whose East Brunswick company, Otteau Valuation Group, tracks New Jersey real estate data.
How to buy a home
App.com/Gannett
People are reacting. The inventory of homes for sale at the Jersey Shore has shrunk since January as sales have increased, said Jeffrey Otteau, president of Otteau Valuation.
N.J. real estate sees steep drop in foreclosures
Nj.com/Star Ledger
That feeds into this trend now of the bottom occurring in housing, prices firming up and things getting better going forward, said Jeffrey Otteau, of Otteau Valuation Group, which tracks New Jersey housing data.