By KEVIN POST Business Editor pressofAtlanticCity.com The housing market shared in the summer economic slump, brought on by the downgrade of the U.S. credit rating, impotent congressional squabbling over deficit reduction and Europe’s self-inflicted debt crisis. Home prices fell again,…
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Posted: Sunday, November 13, 2011 By MICHAEL MILLER Staff Writer pressofAtlanticCity.com OCEAN CITY — Faced with increasing tax appeals in the wake of the national real estate bust, the city plans to reassess its highest-priced coastal properties this year and…
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Posted: Saturday, November 5, 2011 By JOEL LANDAU Staff Writer Press of Atlantic City GALLOWAY TOWNSHIP — Joe and Stephanie Tucci spent a year and a half looking for the right house. And six months after submitting a bid, they’re…
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Here are 14 items of real estate jargon, divided into 2 buckets and decoded for the post-recession house hunter. Bucket #1: Transaction signals. Distressed properties –foreclosures and short sales – make up about a third of the homes currently on…
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