Spring Lake Heights Real Estate News
Real Estate news for Spring Lake Heights, NJ continually updated from thousands of sources.
Aug 29, 2016 | via JD Supra
The New Jersey Supreme Court recently clarified its rules regarding mortgage priority, holding that a factoring company's secured first mortgage can be trumped by a law firm's later-filed mortgage where the factoring company knew of the law firm's mortgage but continued to make discretionary loans to the borrower. Though the court recognized that other states' laws would preclude this result, it nevertheless held that New Jersey common law and statute required this outcome under the circumstances. Comment?
Aug 29, 2016 | via WKXW-FM Trenton
Just like a pool or finished basement, living on a cul-de-sac is a must for certain home buyers in the Garden State. And while simply being on a cul-de-sac doesn't jack up a home's value, the price at which it is purchased can get up there if the bidding features buyers who demand that type of living scenario. Comment?
Aug 24, 2016 | via Red Bank Green
The McLaren Street residence of borough Administrator Stanley Sickels has been listed for a Monmouth County sheriff's sale August 29 to resolve a previously unreported foreclosure and bankruptcy, redbankgreen has learned. Sickels, the most powerful employee at town hall, and his wife, Donna, filed for chapter 7 protection from creditors on March 31, according to records on file with the federal bankruptcy court in Trenton. Comment?
Jul 4, 2016 | via WKXW-FM Trenton
The nation's top bargain beach town is right here in New Jersey, at least for summer 2016, according to a new report from housing data firm RealtyTrac. The report ranked oceanside towns across the country based on their median home prices, air quality, average summer temperatures and density of registered criminal offenders. Comment?
Jun 21, 2016 | via National Mortgage News
With rent of $1,160 a month in Asbury Park, N.J., taking up most of her family's income, Susan Aquino began to search for a new apartment that would give her some breathing room. "We were looking for two bedrooms, and they were...$1,500 to $1,700 between October and March," said Aquino, 43. For many longtime owners, times are good. Comment?
Thursday Oct 20 | via NorthJersey.com
New Jersey home prices are inching upward and will likely rise about 3 percent this year and the same next year, according to an East Brunswick appraiser who tracks the housing market statewide. Speaking at a seminar in Hasbrouck Heights, Jeffrey Otteau of Otteau Valuation Group also predicted that property values won't rebound to their housing-boom peaks until 2023. Comment?
Thursday Oct 6 | via NJ.com
Using the median sales price, average days on market and average percent of list price received for properties that sold through July, NJ Realtors ranked the weakest real estate markets in New Jersey this year . The ranking, which gave equal weight to each metric, excluded areas where no sales had closed. Comment?
Saturday Oct 1 | via Cape May County Herald
Sept. 30, 2016, U.S. Sen. Cory Booker along with U.S. Sen. Robert Menendez announced they have introduced the Homeowner Foreclosure Reduction Act of 2016, legislation that would help keep families in their homes by providing nonprofit organizations and local governments an opportunity to increase their purchase of non-performing loans from Fannie Mae, Freddie Mac and the Federal Housing Administration . "The recession and financial crisis put unprecedented strain on New Jersey homeowners. Comment?
Friday Sep 23 | via Philly.com
Most of us believe that social programs belong to the aged, disabled, low-income, or some other group of people. Then, depending upon the lens we are looking through, we tell our elected leaders to make government smaller and do away with some programs or the converse: Don't touch my program. Comment?
Thursday Sep 22 | via New Jersey Herald
The Green Team Home Selling System, 7 Main St., Warwick, N.Y., has been serving clients in Orange County and the Hudson Valley for more than 11 years. Owner Geoff Green has joined with equity partners Kim Lasalandra and Charles Nagy to extend those services to the residents and businesses of northern New Jersey. Comment?
39 min ago | via Stuff.co.nz
New York state enacted one of the nation's toughest restrictions on Airbnb on Friday with a new law authorising fines of up to US$7500 for many short-term rentals. Supporters of the measure say many property owners use sites like Airbnb to offer residential apartments as short-term rentals to visitors, hurting existing hotels while taking residential units off the already expensive housing market in New York City. Comment?
50 min ago | via The Echo
NY governor Andrew Cuomo today signed into law some of the toughest restrictions on short-term apartment rentals in the country, a decision with dire implications for Airbnb. The bill is a follow-on to a 2010 law that bans rentals of less than 30 days in a multi-unit building if the tenant is not present, which was aimed at cracking down on illegal hotels. Comment?
1 hr ago | via Scotsman.com
Household budgets will be squeezed over the coming months as the weak pound drives up the cost of imports and energy bills begin to rise again. The consumer prices index measure of inflation reached a 22-month high of 1 per cent in September, and while it remains low by historical standards, it's now tipped to hit 3 per cent during 2017 as the effect of the EU referendum result feeds through to living costs. Comment?
1 hr ago | via Benzinga
Want to worry less about finances and have an atypical experience during your retirement? Check out these five locales that could really let you relax. With a median home sale price under $200,000, Albuquerque offers various unique options for seniors. Comment?
2 hrs ago | via Daily Mail
For the past seven years, the financially prudent have been punished unmercifully. By the foibles of the bankers. Comment?
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