With Buyers Sidelined, Home Prices Slide
The Wall Street Journal
Foreclosure headlines create a "fear factor" among buyers and prompt more to think they should wait before taking the plunge, says Jeffrey Otteau, president of Otteau Valuation Group…
Aging Gracefully
Asbury Park Press
The age-restricted housing market has been hit hard as well, said Jeffrey Otteau, president of the Otteau Valuation Group, an East Brunswick real estate consulting firm. Those who want to buy such homes still need…
Where the Deals Are
The New York Times
Jeffrey G. Otteau, President of the Otteau Appraisal Group in East Brunswick, N.J., picked out the pattern while analyzing the unsold housing inventory in towns on and around the commuter rail lines…
Slumping Builder Slashes Home Prices
The Star Ledger
One homebuilder, Lennar, slapped huge discounts on some of its homes late last year, according to Jeffrey Otteau, President of the Otteau Valuation Group…
Census: More N.J. Homeowners are Over-extended
The Star Ledger
Jeffrey G. Otteau, President of the Otteau Valuation Group in East Brunswick and a housing analyst, predicted New Jersey faces a future with…
Good, Bad News for N.J. Housing
The Star Ledger
Foreclosures shoot up, but total is fairly small. Jeffrey Otteau, president of the Otteau Valuation Group, a leading real estate research firm in New Jersey, said while the increase appears large, the number of homes foreclosed on is still quite…
Softer Landing
The Star Ledger
The inventory of unsold homes in all of New Jersey has soared to a record 72,000 homes, compared to only 39,000 in June 2005, said Jeffrey Otteau, president of East Brunswick-based Otteau Valuation Group…
Central Jersey Real Estate Sales Fickle
Courier News
Location, commuter access and structural upgrades all factors when putting home on market, experts say. Jeffrey Otteau, president of the Otteau Valuation Group in East Brunswick, specializes in compiling data throughout the state…
Revving Up Interest
Asbury Park Press
With the high number of houses sitting unsold on the market these days, some real-estate agents are finding innovative ways to market their listings to attract attention. "In the future, as the housing market evolves, marketing will become even more…