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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Spring in a Cold Climate

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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.

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Banking on Rumson Home Sales

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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…

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Bid for Reality

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The Star-Ledger

The study by Otteau Valuation Group measured and analyzed more than 15,000 transactions annually over a period of several years.

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NJ Exodus Cutting Into Home Sales

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Hunterdon County Democrat

Another study, by the Otteau Appraisal Group working for developer CRC Communities, says home sales in Hunterdon...

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Foreclosures at an All Time High

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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.

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To Pounce or Be Patient?

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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.

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