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Jay Nadelson

Blog by Jay Nadelson
Short Hills, New Jersey

Real Estate in Millburn/Short Hills focusing on Bank Owned, REO, Foreclosures, Short Sales, Bankruptcy and the art of negotiating the best price for my real estate buyer or real estate seller.

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RE: Union Township NJ Short Sales and Bank Owned. Over 60 listings added.
You can look at the Vacant Home Sales section of m...
RE: Union Township NJ Short Sales and Bank Owned. Over 60 listings added.
I'm interested in purchasing a home in Union Towns...

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Jay Nadelson

Fed to buy Freddie and Fannie Paper - This is huge for the housing market

Nov. 25, 2008
Fed to buy Freddie and Fannie Paper. 30-year mortgage rates will fall. An immediate increase in value of existing homes of 3%.

Barron’s Article on Bargain High End Homes

Nov. 22, 2008
Did you see the Barron’s article on how ‘Luxury Homes’ (over $5MM) are going begging in this environment. Well it is here now in a lower price range.

Nero Fiddles while Rome Burns

Nov. 19, 2008
Nero Fiddle while Rome Burns - Congress held hearings while the Auto Industry goes into Chapter 11. Didn't they learn anything from the Lehman fiasco.

Housing Starts down 4.5% last month

Nov. 19, 2008
As long as we have an overhang of unsold properties on the market, housing start will continue to fall and should continue to fall.