Foreclosure Inventory Decreases

According to the September 2016 National Foreclosure Report, the number of completed foreclosures increased monthly for September 2016, but total foreclosure inventory actually decreased. The national foreclosure inventory decreased by 31.1% annually in September and...

300 Jobs To South Plainfield

Middlesex County, New Jersey will get a big economic boost with the grand opening of a new ShopRite. The launch of the new 80,000-square-foot store in South Plainfield will bring 300 new jobs to the borough. The market is located in the Golden Acres Shopping Center at...

The Mortgage Market Is Changing Fast

Mortgage rates shot up last week after the election. The Wall Street Journal reports they may be moving faster than anyone thought likely. The remaking of U.S. politics also is likely to upend the nation’s mortgage market. There are two reasons why: interest rates and...

State Closer To Takeover Of Atlantic City

It looks like Gov. Chris Christie’s administration was granted the authority to immediately seize control of financially distressed Atlantic City. This was the result of the state Local Finance Board voting 5-0 to approve a five-year state takeover of the local...

October Surprise With Foreclosure Jump

According to ATTOM Data Solutions, foreclosures jumped 27% in October from September’s 129-month low. The increase in foreclosures was the largest monthly increase since August 2007. The report indicates that there were a total of 105,481 foreclosure filings, default...