The Jersey Shore Real Estate Bubble: Inventory is Down Again – Eastern Monmouth MLS 2822

NEW statistics provide a glum holiday-time snapshot of the real estate market: shrunken sales pace, bloated inventory and a “shadow inventory” of foreclosed homes looming menacingly in the background.

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Psychologists often point out that people are torn between two minds, the rational and the instinctual. This makes the job of an economist a difficult one – market behavior would be easier to explain if everyone were a bit more reasoned in their judgments and actions. For a case in point, consider.

This is the time and place to post observations about your local areas, comments on news stories or the New Jersey housing market, open house reports, etc. If you have any questions you wanted to ask.

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In terms of inventory, New Jersey had a 13.3 month supply of homes for sale in 2011, as compared to 8.1 months now. Values of single-family homes rose 4.9 percent in the New York metropolitan area,

The Jersey Shore Real Estate Bubble: Inventory is Down Again – Eastern Monmouth MLS 2822; The Home Equity Theft Reporter: Expiring Statute Of Limitations In Foreclosure Cases A Growing Headache For Banksters? 30 Reasons Why 2011 Is Going To Be Another Crappy Year For America’s Middle Class; Categories.

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Get started. If the down payment is less than 20%, mortgage insurance may be required, which could increase the monthly payment and the APR. Conforming rates are for loan amounts not exceeding $453,100 ($679,650 in Alaska and Hawaii). Adjustable-rate loans and rates are subject to. Compare mortgage rates from multiple lenders in one place.

The Jersey Shore Real Estate Bubble A chronicle of the collapse of the Jersey Shore real estate market, and elsewhere. Monday, January 09, 2006. Monmouth Beach’s Disappearing Beach. Inventory is Down Again – Eastern Monmouth MLS 282.

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