Englewood Real Estate News
Real Estate news for Englewood, NJ continually updated from thousands of sources.
Dec 31, 2013 | via Business Wire
For the twelve months ended December 31, 2014, the Bank reported net income of $1,196,000, or $0.69 per diluted share. "We are extremely pleased with the Bank's performance this quarter and its overall improvement in earnings compared to last year," said Peter A. Michelotti, President and CEO, Community Bank of Bergen County, NJ. Comment?
Sunday Jan 18 | via NorthJersey.com
Coldwell Banker hosted a broker-only open house, complete with new Maseratis, last spring for this $3,799,000 home in Franklin Lakes. The setting: a luxurious home late last spring in Franklin Lakes, complete with a hand-chiseled granite facade, a high-end golf simulator in the basement, and the newest line of Maseratis displayed on the grounds, courtesy of a local dealer. Comment?
Thursday Jan 15 | via NorthJersey.com
Foreclosure activity rose 71 percent in New Jersey last year, as lenders continued to deal with a backlog of troubled properties, according to a report released Thursday. About 1.9 percent of New Jersey housing units had foreclosure filings last year, compared with 0.85 percent in the nation, according to RealtyTrac, a California company that follows the distressed housing market. Comment?
Dec 30, 2014 | via NorthJersey.com
Home values continued to cool off in October, with prices in the New York metropolitan area up only 2 percent from a year earlier, the Standard & Poor's Case-Shiller index said Tuesday. Nationally, single-family home values were up about 4.6 percent in that period, a slowdown from last year's pace, and evidence that a full recovery from the housing crash is still out of reach. Comment?
Nov 25, 2014 | via The Jersey Journal
John Opaluch, left and Joseph Ianiro are the first Cash4Life grand prize winners from New Jersey. They are joined by New Jersey Lottery Executive Director Carole Hedinger. Comment?
16 hrs ago | via The Item
As homeownership rates continue to drop, multifamily construction is surging in New Jersey - making 2014 the busiest year for home building since the prerecession year of 2006, and perhaps signaling an end to the age of sprawling single-family construction in the state. Builders started more than 28,000 housing units in New Jersey last year, up 16 percent from 2013 and more than double the deep lows seen during the worst years of the housing bust, the U.S. Census Bureau reported. Comment?
Wednesday Jan 21 | via GlobeNewswire
Ocwen Financial Corporation , a leading financial services holding company, today announced that it has named two new independent directors to its Board of Directors. Phyllis R. Caldwell, Vice Chair of Community Preservation and Development Corporation and DeForest Blake Soaries, Jr., Senior Pastor, First Baptist Church of Lincoln Gardens, New Jersey, have joined Ocwen's Board. Comment?
Thursday Jan 15 | via NorthJersey.com
Mercer County Superior Court Judge Pedro J. Jimenez Jr. announced the indictment of a Bloomfield man, among 12 people, charged by the New Jersey Attorney General's Office. They are accused of operating a mortgage fraud scheme using straw purchasers to defraud banks, while netting close to $1 million. Comment?
Tuesday Jan 6 | via NorthJersey.com
We've got the second-highest long-term unemployment rate in the nation, and the second-highest foreclosure rate. Some 40 percent of young adults in New Jersey can't afford to move out of their parents' homes. Comment?
Wednesday Dec 31 | via Asbury Park Press
Predictions for 2015? Full speed ahead, except for gas prices Check out this story on app.com: http://on.app.com/1zwv214 The thing about economic recoveries is you never know if you are in one. Comment?
9 min ago | via Bloomberg
A U.S. housing regulator will require nonbank mortgage firms to meet minimum liquidity and net worth standards to curb risks to taxpayers from the rapidly expanding industry. Companies selling mortgages to Fannie Mae and Freddie Mac or collecting payments on loans backed by the two U.S.-owned enterprises must meet the new standards, the Federal Housing Finance Agency said Friday. Comment?
14 min ago | via Cybercast News Service
There's a good reason the U.S. economy is impressing the world right now despite a slowdown in the final three months of 2014: In a word, steadiness. Companies have been hiring at healthy rates for the past year. Comment?
15 min ago | via Mish's Global Economic Trend Analysis
Eurostat released HICP Harmonized Index of Consumer Prices statistics today. In spite of promising that deflation would not hit again, here we are, and for the second month too. Comment?
19 min ago | via Business Journal
More than one in five offices in the Phoenix area are empty. The office vacancy rate - a key indicator for the commercial real estate market and its recovery from the recession - just can't get under 20 percent here. Comment?
21 min ago | via Business Wire
The Company's earnings are reflective of a provision for income taxes of $3.1 million and $3.2 million for the three months ended December 31, 2014 and September 30, 2014, respectively, and a benefit for income taxes of $288.2 million for the three months ended December 31, 2013. For the years ended December 31, 2014 and 2013, earnings were $21.7 million and $241.7 million, respectively. Comment?
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