New Jersey home sales down 30%

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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

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N.J. home sales fell 30 percent in first quarter

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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.

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With New Jersey housing markets down, it’s the right time to buy

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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.

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New Jersey Home Sales/Shore Homes

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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.

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N.J. housing report’s hint of hope

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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.

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Struggling Home Owners in the U.S.

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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…

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Neighbours hit by empty homes next door

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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.

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A Buyer’s Market, a Seller’s Pain

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The New York Times

WITH a laser measuring device clipped to his belt and a reel of yellow tape tucked under one arm, Christopher Otteau roamed around a tidy house on a corner lot in Ridgewood, preparing to deliver the unwelcome news to its…

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Sale prices of homes stabilizing at Shore

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Asbury Park Press

Figures compiled by the Otteau Valuation Group, an East Brunswick real-estate consulting firm, show that the market is approaching its bottom, said firm President Jeffrey Otteau.

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