Otteau Market News

Posted by & filed under Buying, Selling.

Jeff Otteau is someone I have the utmost respect for.  If you have been reading my blog you know  this.  I have quoted him before and referred to his terrific reporting service.  Jeff is considered one of the most astute analysts of the New Jersey housing market.  There is no other real estate market reporting service like his.  I love his market newsletter  It analyzes what’s happening.  His Market Trac…

The Real Estate Market in Bergen County

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The real estate market in Bergen County outperformed the national market.  According to the report released this morning by the National Association of Realtors (and which is making headlines throughout the news media), June pending contracts are down by 2.6% from where they were in May.  This is not true for Bergen County. New Jersey MLS data shows that we had 844 homes going under contract in May and 848 in June. …

Bergen County Real Estate – How’s the 1st quarter looking?

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The figures are in and the real estate market in Bergen County is doing OK.  It’s still a buyer’s market for homes but you can see some signs of improvement with Bergen County real estate. In January I had written that the real estate market in Bergen County would shift during the 4th quarter of 2009 and stabilize.  From then on for a few years we would be working in…