Hoboken, Downtown Foreclosures on Par with Manhattan
By admin
Saturday, May 16th, 2009 | Hoboken, Jersey City | 1,593 views | Permalink |
The New York Times has mapped foreclosures in the region with all sorts of pretty colors. Downtown Jersey City and Hoboken are fairing well, particularly compared to the outer boroughs. A high rate of foreclosures lowers home values in neighborhoods by flooding saturated housing markets with additional stock. The real lesson gleaned from the Time’s […]