The litigation is over, the agreement is signed, and with resolutions approved last week by the East Brunswick Township Council, the Golden Triangle redevelopment project will move forward.
via East Brunswick finalizes Golden Triangle deal | eb.gmnews.com | East Brunswick Sentinel.
Housing affordability is at its best level in 30 years, according to Ken Rosen of U.C. Berkeley’s Fisher Center for Real Estate, who says now is the time to buy and that mortgage rates will be much higher in five years. Stacey Delo reports. Image courtesy of Getty Images.
“Broad-based, all indications are that prices will probably finally bottom out in 2012 or 2013,” said James W. Hughes, dean of the Bloustein School of Planning and Public Policy at Rutgers University.
via Real estate rebound will require jobs, time | The Asbury Park Press | APP.com.
The National Association of Realtors reported that the median price of a home in the region that includes Monmouth, Ocean, Middlesex and Somerset counties was $303,200, down from $325,800 the same quarter a year ago.
via Local home prices fall 6.9 percent | The Asbury Park Press | APP.com.
U.S. home prices fell for the seventh month in a row during February, although price declines are increasingly concentrated in sales of distressed properties such as bank-owned homes, data aggregator CoreLogic said in releasing its home price index.
via Greater stability in nondistressed real estate prices | Inman News.
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