New Jersey Real Estate Guys

The most recent report from Toll Brothers, a massive New Jersey real estate developer, mentioned stronger than expected orders for the fiscal third quarter ending July 31.  Tax incentives, low mortgage rates, and discounted prices are likely to blame.  Toll's stock price surged 14.3% to $23.40 We...

So as we monitor the markets in New Jersey, I wanted to get into the Hoboken real estate topics for a second.  Hoboken is a unique city and ranked #1 by CNN as the best place to live (as a bachelor).  Local residence typically are entrepreneurs, brokers, or other business professionals.  Hoboken'...

Well it's official.  Part of the bailout funds in the stimulus bill are going to be creating a "Bad Bank."  The plan would use government money to support private sector purchases of bad assets that are weighing on banks' balance sheets and keeping them from resuming more normal lending.  This co...

If you don't know that the credit markets have dried up, you may be living in a cave which you cannot finance anyway.  Most of you that know about today's crazy lending industry know, or at least hear that mortgages are tough to obtain.  Higher qualifying standards stand in the way of a lot of h...

Over the last several years when I speak highly of the Newport section of Jersey City, people have had this stigma that Jersey City is still the Jersey City of 1980 where industrial and Section 8 housing dominated.  Today, Jersey City has earned respect as one of the nicest pockets in New Jersey ...