Home Prices Decline 3.1%
Asbury Park Press
Jeffrey Otteau, president of the Otteau Valuation Group, an East Brunswick real-estate consulting firm, said his figures also indicate a decline in prices locally. In the second quarter, the median home price in Monmouth County fell 7 percent from last…
Amid Housing Slump, Glut Eases Slightly
The Wall Street Journal
We have the added weight of a recessionary economy on what was already the weakest housing market since 1930’s, says Jeffrey Otteau, president of Otteau Valuation Group, an East Brunswick, N.J., appraisal firm. He says the market won’t recover fully…
New Jersey home sales down 30%
The Home News Tribune
Jeffrey Otteau, president of the Otteau Valuation Group, an East Brunswick real estate consulting firm, said it is not unusual for statistics to be revised
N.J. home sales fell 30 percent in first quarter
The Star Ledger
Jeffrey Otteau, president of the East Brunswick research firm Otteau Valuation Group, said he suspected the NAR's original numbers were out of whack when they were issued May 13.
With New Jersey housing markets down, it’s the right time to buy
The Courier News
We'll look back in five years and conclude that this year, 2008, was the time to buy, said Jeff Otteau, CEO of Otteau Evaluation Group in East Brunswick.
New Jersey Home Sales/Shore Homes
NJ News 12
Home Sales in New Jersey's Beach Communities are down by as much as 23%. Analysts say it's a trend that speaks to a broader economic down turn. And despite these statistics, shore area Realtors are reporting an up-tick.
N.J. housing report’s hint of hope
The Star Ledger
A report by East Brunswick-based research firm Otteau Valuation Group shows April home sales increased from the March level -- the first time that has happened since 2005 -- in what may be a sign market has bottomed out.
Struggling Home Owners in the U.S.
BBC World News
There is no reprieve for struggling home owners in the United States for the fall of house prices and sales. Not only causing problems for the economy it is becoming more difficult to put a valuation on the properties and…
Neighbours hit by empty homes next door
BBC News
Armed with the tools of his trade, a tape measure and a clipboard, Chris Otteau looks at a house in Matawan, New Jersey.