Sales History
Asbury Park Press
Home prices have declined after several boom years. Prices rose 131 percent in New Jersey from 1998 - 2005, before declining 8 percent in 2006, according to Jeffrey Otteau, president of the Otteau Valuation Group…
Where Sales Are Buoyant
The New York Times
The three Monmouth County towns - Asbury, Belmar and Long Branch - outperformed their county, which showed no increase in median sales price over the first nine months of the year compared with the same period in 2006, according to…
Housing market weathers crisis
The Times
Real estate appraiser Jeffrey Otteau, whose firm is based in East Brunswick, said the current downturn in real estate…
Merrill beaten up over writedown
Star Ledger
Home sales fell 17 percent in September, the worst performance of the year, according to Jeffrey Otteau of the Otteau Valuation Group, whose firm tracks pending sales contract…
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…