N.J. housing expert sees 4 percent rise in prices this year
The Record / northjersey.com
"Job creation fuels home purchases," appraiser Jeffrey Otteau of East Brunswick, who researches the real estate market statewide, told an audience of real estate agents in Hasbrouck Heights.
Exclusive: What is your home worth?
Courier Post / courierpostonline.com
"Jeffrey Otteau, an East Brunswick-based real estate consultant, said the number of home sales in New Jersey is one of several positive signs. He expects a 13 percent increase in home sales between 2014 and 2015, bringing it to its…
Morris home prices rising, but still lag behind 2006
Daily Record / dailyrecord.com
"Morris County also saw inventories of unsold homes shrink last year as more people are buying homes, according to statistics supplied by Otteau. The faster pace of the state's job gains in 2015 and improvement in the financial markets has…
Central Jersey home sale values rising: Is it enough?
My Central Jersey / mycentraljersey.com
"Nevertheless, the state's real estate market was the strongest last year since the recession, according to Jeff Otteau, chief executive officer of the East Brunswick-based Otteau Evaluation Group, which analyses real estate data for developers."
Central Jersey home sale values rising: Is it enough?
My Central Jersey / mycentraljersey.com
The good news is that home sale prices improved last year in more than half of Central Jersey municipalities. The bad news is that home values remain nowhere near prices in 2006, before the market collapse and recession, a Gannett…
Apartment, retail plans pitched in Bedminster
The Bernardsville News / newjerseyhills.com
"The board then heard testimony from Jeffrey Otteau, an East Brunswick-based real estate broker hired by the applicant. He began with economic and demographic overviews. New Jersey has recovered only two-thirds of the jobs lost during the 2007-09 recession, and…
Apartment, retail plans pitched in Bedminster
bernardsville_news / newjerseyhills.com/bernardsville_news/
An architectural rendering shows one the retail buildings proposed at the 15-acre Advance Realty at Bedminster office complex on Route 206. The rendering was prepared by Minno and Wasko Architects and Planners of Lambertville.
Real Estate Predictions 2016: Buy, sell, hold
NJBIZ / njbiz.com
"There's good cause for optimism for the real estate markets in 2016, especially in New Jersey. The faster pace of the state's job gains in 2015, coupled with continuing improvement in the financial markets, has led to significant demand growth…
Job growth lifts housing outlook for 2016
The Record / northjersey.com
"Given the continuing economic recovery, this year will be a good year for housing," said Jeffrey Otteau, an East Brunswick appraiser who tracks the housing market statewide.