housing

The Federal Reserve right now is debating whether its economic stimulus program should continue or be curtailed, and their decision may have a deep impact on growth.

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Amidst all of the doom and gloom there are some positive prediction for our economy, especially in housing and some job fields.

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Rent in New Jersey has always cost a pretty penny, and now housing is harder to come by after Sandy.

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New Jersey actually has an “Animal House” law that holds property owners responsible for offending behavior by letting towns enact ordinances to require posting bond against disorderly behavior. A bill sponsored by State Senator Steve Oroho adds rooming and boarding houses to the state’s existing statute. The measure was drafted in response to several problems in the town of Newton.

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2013 started strong for New Jersey homebuilders as they bounce back from the recession and Hurricane Sandy.

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Retail sales are expected to go up 3.4 percent in 2013 which is slightly less than the preliminary 4.2 percent growth seen in 2012.

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A mixed bag on home prices, as they rose across the Country last year and are expected to go up again this year. But, here in Jersey, there is a cloudy price picture.

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Superstorm Sandy will undoubtedly have an impact on the property tax landscape of the Jersey shore, according to Ocean County Administrator Carl Block.

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Foreclosure sales are down in New Jersey, but short sales are up, according to a report by RealtyTrac, an online marketplace for foreclosure properties.

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Even before Sandy hit the Northeast, New Jersey was dealing with a weaker housing market than the rest of the nation.

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