Cherry Hill Real Estate News
Real Estate news for Cherry Hill, NJ continually updated from thousands of sources.
11 hrs ago | via The Verona-Cedar Grove Times
Home prices in the region are rising, but at only half the rate of the national averages, the S&P/Case-Shiller home price index reported Tuesday. As the nation continues to recover from the worst housing downturn in decades, single-family values rose 2.6 percent in the New York metropolitan area in the 12 months ending in April, compared with 5 percent nationwide, Case-Shiller reported. Comment?
Friday Jun 24 | via The Item
Keller Williams Village Square Realty welcomed licensed Realtor Anthony Fazzinga to its Ridgewood sales office, located at 257 E. Ridgewood Ave. Fazzinga brings more than 10 years of industry experience to his new office and sales team. Fazzinga works with buyers and sellers of residential homes in both Bergen and Passaic counties. Comment?
Thursday Jun 23 | via New Jersey Herald
A nonprofit group of real estate agents says single-family home sales are up in northern New Jersey and there's steep competition for homes due to a lack of houses for sale. The Record newspaper reports the National Association of Realtors said Wednesday sales of existing homes in May reached their highest levels since before the recession. Comment?
Thursday Jun 9 | via NorthJersey.com
Special Properties, which opened in 1992, specializes in luxury properties. The company's current listings include a number of multi-million-dollar properties, including a Saddle River estate owned by the comedian Rosie O'Donnell, which is on the market for $6.5 million. Comment?
Saturday Jun 4 | via The Item
Now, they'd like to downsize into a place with no stairs. But they feel they can't move, because real estate agents have told them their home would probably sell for about $330,000. Comment?
Wednesday Jun 22 | via Courier News
Eight years after the housing bubble burst, many homeowners in Central Jersey still owe more than their homes are worth. Many Central Jersey homeowners 'underwater' on mortgage Eight years after the housing bubble burst, many homeowners in Central Jersey still owe more than their homes are worth. Comment?
Monday Jun 20 | via NorthJersey.com
"Instead of welcoming this prospect, New Jersey's Division of Gaming Enforcement has imposed a roadblock that is inappropriate and unnecessary. Despite Polo North only being a landlord, the Division is requiring it to comply with the more extensive licensing standards imposed on casino operators as opposed to the less stringent standards imposed on vendors. Comment?
May 25, 2016 | via National Mortgage News
The number of U.S. houses left vacant because of foreclosure was down at the start of the second quarter compared with the same period last year. But New Jersey's share of these so-called zombies continues to be tops in the nation, real estate information provider RealtyTrac said Thursday. Comment?
May 19, 2016 | via The Newark Star-Ledger
While the housing market rebounds to pre-recession numbers in many states, New Jersey is still struggling to push properties through the foreclosure process, leaving the state with one of the leading foreclosure rates nationwide and the highest number of vacant homes in distress. As of April, just under one-half of a percent of homes across the United States are in the the foreclosure process, a dip from last year's overall activity at 0.82 percent, which was a nine year low. Comment?
May 12, 2016 | via The Verona-Cedar Grove Times
New Jersey led the nation in foreclosure starts in the first quarter, as the state continues to grapple with the fallout from the housing crash, the Mortgage Bankers Association said Thursday. While national foreclosure rates are back to pre-recession levels, New Jersey's court system is still dealing with a large backlog of distressed properties. Comment?
5 min ago | via AmericanBankingNews.com
According to Zacks, "Lloyds Banking Group plc, formerly Lloyds TSB Group plc, is a United Kingdom-based financial services company, whose businesses provide a range of banking and financial services in the United Kingdom and a limited number of locations overseas. Headquartered in London, the company operates through three segments: UK Retail Banking, Insurance and Investments, and Wholesale and International Banking. Comment?
39 min ago | via Waco Tribune-Herald
A 22,000-square-foot space in University Centre that once housed a trade school remains available after being marketed for two years. Among the most noticeable vacancies is the 46,961-square-foot H-E-B building at Dutton Avenue and Valley Mills Drive, which became a casualty of H-E-B's decision in 2013 to place a 121,000-square-foot store at Valley Mills Drive and Interstate 35. The building has been under contract three times, but deals fell through each time. Comment?
41 min ago | via South China Morning Post
Moody's predicts home sales growth in China will fall to single digits until May 2017, down from 32.2 per cent this year and 16.6 per cent rise in 2015 Surging land prices, coupled with only moderate home sales growth, will increase margin pressures on China's developers in the next 12 to 24 months, according to Moody's. China Jinmao, a Moody's rated developer, and its partners have made three significant land purchases in the last two months in Shenzhen, Nanjing and Hangzhou, for 8.3 billion yuan, 6.9 billion yuan and 6.4 billion yuan respectively. Comment?
1 hr ago | via AmericanBankingNews.com
According to Zacks, "Heartland Financial USA, Inc. is a multi-bank holding company operating through bank subsidiaries in the states of Iowa, Wisconsin, Illinois and New Mexico and a federal savings bank subsidiary in Iowa. The Bank Subsidiaries provide full-service retail banking. Comment?
1 hr ago | via AmericanBankingNews.com
The firm currently has a $22.00 target price on the stock. Zacks Investment Research's price target would suggest a potential upside of 13.23% from the stock's current price. Comment?
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