Search / 34 posts tagged New Jersey Housing

From the AP: S&P: Home prices drop by record amount in 2Q A widely watched index released Tuesday showed home prices dropping by the sharpest rate ever in the second quarter, but the data for June suggest the severity of the housing slump may be waning. The Standard & Poor’s/Case-Shiller U.S.

From BusinessWeek: Home sales, prices mostly fall in Northeast Homes sales tumbled in most big Northeastern cities last month — with only Passaic, N.J., showing a healthy jump in activity — while sales of distressed properties dragged down median prices in the entire region, according to two reports released Monday.

From the Record: In North Jersey foreclosures are up, home sales down In a painful sign of the worsening real estate downturn, foreclosure actions in North Jersey nearly tripled in the first five months of 2008 over the same period in 2007, an analysis by The Record has found.

Governor James McGreevey signed the Highlands Water Protection and Planning Act on August 10, 2004. This Act should be the concern of every New Jersey citizen.   Some say the Act was signed to protect water resources for 5.4 million people and also the environment in the 860,000-acre Highlands region. 

With The New York Times shutting down its Newark and Trenton bureaus, The Star-Ledger cutting its staff dramatically and The Bergen Record closing its main office, explanations for the demise of local New Jersey newspapers are being sought. Donald Newhouse,...

From the APP: Tax boards face flood of appeals by homeowners Homeowners battered by the economy are seeking help in unprecedented numbers from property tax review boards. Nearly 6,000 tax assessment appeals were filed in Monmouth and Ocean counties this year, pushing hearing dates months beyond the normal calendar.

NJ shakes down businesses Businesses are a major source of revenue for New Jersey.  Through sales tax, employee taxes, registrations, licenses, and oh yes fines.  Businesses are major private employers.

From the Star Ledger: INSTEAD OF FORECLOSED: SOLD! A dozen chatty women and children stepped off a yellow school bus Saturday morning and into a vacant condo on 5th Street in Elizabeth. Armed with notepads, digital cameras and binders, they sounded optimistic about finding their dream home in the Union County city.

During the housing boom of 2001 through 2006, one group of people was constantly ignored: Those buyers who could only purchase affordable housing. As housing prices rose to record levels across the country, it was getting more difficult for many hard-working people to be able to afford a home.

The first mixed-use buildings in an urban location in the state of New Jersey to pursue a LEED rating are set to officially open next week in Newark. The Washington Street Townhomes, which are awaiting a formal LEED Gold rating from USGBC, will consist of six 3800-square-foot buildings, each featuring two residential units with commercial space on the first floor.