Yes, the Market Has Its Bright Spots
EAGER brokers may seize on any positive development as a harbinger of improvement. But market analysts continue to advise caution, pointing out that the supply-and-demand cycles for both the rental and sales markets ordinarily take years to play out.
Still, if you were an optimist, you might take heart from the following items of New Jersey […]
Once Exclusive Enclaves, Subject to Change
IN the case of tiny Agate Court in Brooklyn, perhaps the sincerest form of flattery is not imitation, but annexation. The little cul-de-sac of 18 row houses off chaotic Atlantic Avenue in southern Bedford-Stuyvesant was built in the late 1880s along with the flanking Alice Court, and the two have slumbered for more than a […]
The Case for ‘Right Pricing’ By Home Builders
PRICE cuts work. For more evidence, one need look no further than the “Deal of the Century” promotion put on for three days last month by the New Jersey-based national home builder Hovnanian Enterprises. When it lowered prices by as much as 30 percent, the company said, the pace of sales kicked into overdrive.