by Anthony | Jan 2, 2017 | Uncategorized
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...
by Anthony | Jan 2, 2017 | Uncategorized
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...
by Anthony | Jan 2, 2017 | Uncategorized
CBRE says in a report that “the future looks bright for industrial development in New Jersey, particularly in the central part of the state.” CBRE’s 3rd Quarter New Jersey Industrial MarketView Report speculated “that the Trenton/Route 295 and...
by Anthony | Jan 2, 2017 | Uncategorized
The October U.S. Census Bureau reported that new home construction significantly improved as multifamily units climbed back from a decline during September as well as single-family starts. The growth is attributed to new buyer demand and the entrance of Millennials...
by Anthony | Jan 2, 2017 | Uncategorized
The Q3 2016 U.S. Home Equity and Underwater report from ATTOM Data Solutions reported that more homeowners have become equity rich because they’re staying in their homes longer. Equity rich is defined as when a homeowner has a loan-to-value ratio of at least 50%....
