Englewood Real Estate News
Thursday Mar 5 | via NorthJersey.com
Home construction in New Jersey has started strong this year, as builders took out almost 25 percent more building permits in January compared with the same period a year ago. Multifamily construction continued to drive the housing revival, accounting for 57 percent of January's permits, down slightly from 61 percent for all of 2014. Comment?
Tuesday Mar 3 | via The Verona-Cedar Grove Times
Statewide commercial property foreclosures declined 14 percent last year to 1,014, the fewest since 2008, when they totaled 875, according to the latest statistics from the New Jersey Judiciary's Office of Foreclosure. In Bergen and Passaic counties, there were 66 and 56 foreclosure filings, respectively, on commercial properties in 2014. Comment?
Tuesday Mar 3 | via The Paramus Post
Habitat for Humanity of Bergen County is hosting Open Enrollment Information Sessions for future Habitat Bergen homeowners at the Philip Ciarco Adult Learning Center of Bergen Community College on Saturday, March 21st, 10am - 2pm and Wednesday, April 1st, 6pm - 8pm. The Open Enrollment Sessions will be held in Rooms 102-103 of the Philip Ciarco Adult Learning Center, which is located on the Hackensack campus at 355 Main Street. Comment?
Feb 23, 2015 | via The Verona-Cedar Grove Times
Despite low mortgage rates and a healthier job market, home sales have started off the year at a subdued pace, dipping in January compared with December, the National Association of Realtors said Monday. Sales nationwide were up from a year ago, however. Comment?
Feb 2, 2015 | via The Item
Closing costs top $10,000 in Bergen County - the highest in the state - and $8,000 in Passaic County, according to a new survey by a personal finance website, SmartAsset.com. This is the first year SmartAsset has studied closing costs. Comment?
19 hrs ago | via Patch.com
Broker-associate Eric Schwartz, the No. 1 agent in the Weichert, Realtors West Orange office, was recognized for his exceptional sales accomplishments in 2014 announced Dominick Prevete, regional vice president of Weichert, Realtors. Comment?
Wednesday Mar 25 | via Patch.com
Weichert Sales Associate Lynda Hester-D'Orio of the Kinnelon office was recognized by Five Star Professional for the fourth consecutive year Dominick Prevete, regional vice president of Weichert, Realtors, announced that Broker/Associate Lynda Hester-D'Orio was named a FIVE STAR Real Estate Agent by New Jersey Monthly Magazine and Five Star Professional, an independent provider of localized research on the performance of service professionals, for the fourth consecutive year. "This is a wonderful and well-deserved honor for this top agent," said Prevete. Comment?
Tuesday Mar 24 | via NorthJersey.com
After treading water in 2014, New Jersey home prices will get a boost from low mortgage rates and an improving job market this year, appraiser Jeffrey Otteau predicted Tuesday. Otteau, an East Brunswick appraiser whose forecasts are widely followed in the real estate industry, expects home values to rise about 3.5 percent this year, compared with an anemic 1.4 percent in 2014. Comment?
Thursday Mar 12 | via Business Wire
The strategic combination of two mutual organizations and long-standing members of the New Jersey financial institution community will create a mutual savings bank with assets in excess of $257 million, deposits of $205 million, loans of $139 million, total capital expected to exceed $34 million and seven banking locations. Pursuant to the terms of the merger which are more fully described in the merger agreement, Llewellyn-Edison will be merged into Glen Rock. Comment?
Monday Mar 9 | via Patch.com
A Hudson County man admitted his role in a $13 million mortgage fraud scam that used phony documents and "straw buyers" to make illegal profits on overbuilt condos in Wildwood and Wildwood Crest, U.S. Attorney Paul J. Fishman announced on Monday. John Leadbeater, 58, of Kearny, New Jersey, pleaded guilty before U.S. District Judge Jerome B. Simandle in Camden federal court to a superseding indictment charging him with conspiracy to commit wire fraud. Comment?
8 min ago | via Seeking Alpha
Home Depot recently posted its fiscal 2014 operating results . Net sales increased 5.5% from $78.8b in fiscal 2013 to $83.2b in fiscal 2014, while diluted EPS increased 25.2% from $3.76 to $4.71 over the same period. Comment?
9 min ago | via Seeking Alpha
While the RBA needs a lower currency, an incipient housing bubble is increasing the dangers of low rates; market intervention seems off the table as well. The divergences heighten trading risks and increase the likely amplitude of responses to news - I am staying net short the Australian dollar but have significantly shrunk positions. Comment?
33 min ago | via The Peninsula
Asian markets rallied Tuesday, led by Hong Kong and Shanghai after China's decision to ease mortgage rules fuelled hopes for further stimulus measures, while improved confidence weighed on the safe-haven yen. Traders were given another strong lead from Wall Street, where the three main indexes surged more than one percent, supported by the Chinese move while dealers are awaiting key US jobs data at the end of the week. Comment?
34 min ago | via National Review Online
In 2014, his final year in office as governor, Maryland had the second-highest foreclosure rate in the nation. Now he wants to ride this embarrassing record to the White House. Comment?
39 min ago | via The Standard
Hong Kong stocks ended 0.18 percent higher Tuesday after China's central bank eased mortgage rules to boost the mainland property market, but Shanghai retreated on profit-taking after a recent surge sent it to a seven-year high. Hong Kong's benchmark Hang Seng Index added 45.77 points, to 24,900.89 on turnover of HK$148.88 billion. Comment?
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