Northern New Jersey Real Estate Bubble: 2006-02-26

2 beds, 1630 sq. ft. condo located at 6505 Liberty Ave Unit D5, North Bergen, NJ 07047 sold for $310,000 on Jul 23, 2018. View sales history, tax history, home value estimates, and overhead views..

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United States housing prices experienced a major market correction after the housing bubble that peaked in early 2006.Prices of real estate then adjusted downwards in late 2006, causing a loss of market liquidity and subprime defaults. A real estate bubble is a type of economic bubble that occurs periodically in local, regional, national or global real estate markets.

From the very rarely cited fox news: nyc housing prices in near ‘free fall,’ conditions mirror recession era following tax hikes The Manhattan real estate market stumbled in the third quarter of 2019, new reports show, as prices plunged and fewer buyers were willing.

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From the very rarely cited Fox News: NYC housing prices in near ‘free fall,’ conditions mirror recession era following tax hikes. The Manhattan real estate market stumbled in the third quarter of 2019, new reports show, as prices plunged and fewer buyers were willing to purchase higher-priced properties in the wake of two recent tax increases.