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.
A Buyer’s Market, a Seller’s Pain
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…
Sale prices of homes stabilizing at Shore
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.
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...