Spring in a Cold Climate
The New York Times
THE only way to know when the residential real estate market has "hit bottom" will be with a look in the rear-view mirror, according to Jeffrey G. Otteau, the New Jersey-based real estate analyst.
Banking on Rumson Home Sales
Asbury Park Press
But Rumson, which is an upper-priced market where many homes sell for more than $1 million, has seen less of a downturn than other parts of the county, said Jeffrey Otteau, president of the Otteau Valuation Group in East Brunswick…
Bid for Reality
The Star-Ledger
The study by Otteau Valuation Group measured and analyzed more than 15,000 transactions annually over a period of several years.
NJ Exodus Cutting Into Home Sales
Hunterdon County Democrat
Another study, by the Otteau Appraisal Group working for developer CRC Communities, says home sales in Hunterdon...
Foreclosures at an All Time High
NJN Public Television & Radio
The Foreclosure rate in New Jersey is at an all time high and the housing market is in decline. In some cases, one person's misfortune can be another's opportunity.
To Pounce or Be Patient?
New Jersey Monthly
The premier number cruncher in Jersey real estate is probably Jeff Otteau, whose Otteau Valuation Group in East Brunswick provides the most comprehensive real-time snapshot of the market.
Renting Beats Buying (or Not)
The New York Times
To buy or not to buy, that is the question - especially in a market where property values have been deflating, and may deflate still further. In northern New Jersey in the past year, the median home value slid 5…
Housing Mixed Bag
The Star ledger
We have the second-highest income in the country, which creates a higher level of earning, said Jeff Otteau, president of the Otteau Valuation Group, a leading real estate research firm based in East Brunswick.
Home Prices Up Minimally
Asbury Park Press
Price figures from the Otteau Valuation Group, Inc., an East Brunswick real estate consulting firm, show that in the fourth quarter, a median price for a single-family home in Monmouth County rose 6 percent to….