Bergen Real Estate News, FSBO Listings

Sales exceed 50 percent of townhome inventory at Ridgeview on the Palisades
The Fort Lee community is selling out, according to marketing agent Prudential Elia Real Estate.

North Jersey retail vacancy rate remains high, despite leasing activity
Retail vacancy rate still hovering at 8 percent, according to the latest survey by The Goldstein Group.

Commercial Real Estate: The Next Economic Shock?
With the economy on uncertain footing, one area of continuing concern is the commercial real estate market, where over a trillion dollars of loans will come due over the next few years. Many of those loans were made at the height of the real estate bubble, and more than half are now underwater, meaning that borrowers owe more than the properties are worth. Commercial real estate is different ...

Paying Your Investment Advisor - Fees Or Commissions?
The fee-only investment advisor is a newer type of investment professional who charges a flat hourly rate (or "a la carte" rate) for his or her services, instead of taking compensation from commissions on investment transactions.

Ponzi schemer's Manhattan condo sells for $6.75 million
The sale of James Nicholson's former condo at Columbus Circle is among the last pieces of real estate to be sold by the government in the Ponzi scheme case.

Buyers looking closely at property taxes
North Jersey home buyers are taking a sharper look at property taxes when they choose a home. The reason: Property taxes in New Jersey towns have risen an average 64 percent from 2000 to 2009. Last year, property taxes in Bergen County averaged $9,375; in Passaic, $8,009.

Couple's organized search leads to Midland Park gem
Good news! Once in a while, everything goes right.

Village Voices: Christopher Stout
Christopher Stout is the latest resident to be featured in the Village Voices column in The Ridgewood News.