Sunday, January 22, 2006

The Otteau Group Reports

Today's NY Times article, which I commented on below this morning, made mention of The Otteau Group. I went to their website and saw that they put some slightly informative reports together about real estate in NJ, including specific towns up and down the shore. Here is the report about Monmouth County. If you get a chance check out the reports, some of the graphs are interesting.

1 Comments:

Blogger njcoast said...

Here is the first "losing" sale I've seen in the area.

Spring Lake- 44 Passiac Ave.

Closed- 6/24/04- $1,950,000
Closed- 8/15/05- $1,937,000

In the listing it stated that many upgrades had been done to the house including granite countertops(of course). With upgrades, realty transfer fees, sales commissions,looks like this owner took a real bath.
I thought real estate ALWAYS went up?

Monday, January 23, 2006 2:27:00 PM  

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