House prices continue to fall

It wasn’t that long ago that houses in Kendall Park — ranch houses like mine — were going for a little more than $400,000. Check out this listing and consider what we are facing economically.
The chart, from city-data.com shows the price fluctuations, with shocking high over the summer, but falling significantly during the third quarter (without know exactly where in Kendall Park — Timber Ponds, Brunswick Acres or the original K.P. development — it’s tough to know why).
The numbers do not look good.
Email me at grassroots at comcast dot net.
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Author: hankkalet

Hank Kalet is a poet and freelance journalist. He is the economic needs reporter for NJ Spotlight, teaches journalism at Rutgers University and writing at Middlesex County College and Brookdale Community College. He writes a semi-monthly column for the Progressive Populist. He is a lifelong fan of the New York Mets and New York Knicks, drinks too much coffee and attends as many Bruce Springsteen concerts as his meager finances will allow. He lives in South Brunswick with his wife Annie.

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