The Federal Reserve structured its latest stimulus program around the purchase of mortgage bonds after members agreed that helping a nascent housing recovery was a good way to lift the broader economy.
U.S. Senators Robert Menendez (D-NJ) and Frank Lautenber (D-NJ) today announced that homeless veterans in Atlantic, Burlington, Camden, Gloucester and Mercer counties will be provided with temporary housing.
A new survey by Zillow, the online real estate database, finds 48 percent of younger homeowners under the age of 40 owe more on their mortgage than their home is worth, because many of them bought at the height of the housing boom around 8 years ago.
From the first to second quarter of 2012, the nation experienced a dip in the number of vacant homes for sale. In New Jersey, though, the number increased. Empty for-sale units can be good news for some New Jersey residents, and bad news for others, depending on one's current living situation.