Board OKs Alfieri’s housing, retail plans
Suburban
Alfieri's professionals proposed that the board allow him to finish the residential component of the development first, since his marketing consultant, Jeffrey Otteau, testified that the market for housing is more likely to rebound first in the current economic decline.…
Reducing property taxes is possible, but not likely
The Star Ledger
The unraveling of the housing market has caused a decline in home prices over the past three years," said Jeffrey Otteau, president of Otteau Valuation Group, a real estate research firm based in East Brunswick, which tracks the New Jersey…
Keeping Afloat
The Star Ledger
Statewide, home prices fell 5 percent, to $312,437, down from $330, 396 during the third quarter, said Jeffrey Otteau, president of Otteau Valuation Group, a real estate research firm based in East Brunswick, which tracks the New Jersey real estate…
Rentals Remain Robust
The New York Times
The high rental occupancy rate is expected to stay where it is for the immediate future, or perhaps even tighten further. "The number of units in the pipeline in the state is, well, dramatic," said Mr. Otteau, adding that, in…
Buying New is a Winning Move
Asbury Park Press
A new market report, released by the Otteau Valuation Group, an East Brunswick-based company, stated that " there are developing signs that we are seeing the early stages of a recovery now."…
Where to Buy Now
The Star Ledger
Jeffrey Otteau, the guru of all things real estate-related in New Jersey. Otteau's methodology for coming up with his list of top spots to buy involved coming up with a calculation he calls the "projected absorption" rate of homes…
Experts Say Restricting Development in Jersey Towns May Backfire
New Jersey 101.5 FM Radio
Jeff Otteau runs the Otteau Valuation Group in East Brunswick. He says the prevailing mindset in many towns is if you allow new housing, it will overburden local schools and…
Active Adult Housing Loses Luster
The New York Times
A FEW years ago in New Jersey, housing complexes for those 55 and older were proliferating, with new projects seeming to pop up and sprawl out nearly anyplace with acreage — be it urban, suburban or rural. Jeffrey Otteau of…