Category Archives: Economy

Existing-home sales in New Jersey plunged nearly 24 percent in the third quarter, according to news from the National Association of Realtors. Nationwide, the decline was more than 12 percent. And yet, median prices in central New Jersey, which includes...

More dark news for people trying to sell homes, and for all those businesses dependent on home-sales activity: the number of houses on the market continued to climb locally in the July-through-September period. According to a report issued yesterday by...

At the annual meeting of RiverCenter on Monday night, Ingeborg Perndorfer of The Language School passed around photos of downtown planters spilling over with colorful flowers. Architect Stephen Raciti emceed a series of awards for downtown building improvements. And departing...

Hey, we all make mistakes. We make mistakes as individuals, and sometimes as members of businesses or other organizations that allow our failings to leak out into public view. Reporters and editors know all too well the sinking feeling that...

Here's the latest on the Sara Swanson flip story we told you about in June: the Madison Avenue house Swanson's been rehabbing for over a year is finally on the market. The four-bedroom, twoTHREE-bath house is listed at $699,000. Will...

The stall-out of the real estate market in recent months isn't only a matter of potential buyers staying out of the market. It's also a function of contract cancellations, which appear to be a significant factor in the woes of...

It's customarily the biggest month of the year for real estate sales, but this June was one was one to forget, according to the latest edition of The Otteau Report, which analyzes sales trends. Contract sales of Monmouth County residential...