Friday, March 2, 2007

Notes From All Over

The proposed NJ “water tax” bill was shelved indefinitely from the pending state budget. Zoning regulations in question on waste-to-ethanol plant proposed on Route 9, Dover. For more info, go www.nuclearsolutions.com . Mortgage rates peaked at about 7% by fall of 2006. Warehouse construction, fueled by increased international trade, was up with rent up 5% thru the year. Proposed FHA reforms include 40 year Fed backed loans and elimination of the required 3% down payment.

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