It's funny that there doesn't exactly seem to be a shortage of foreclosed properties in NJ. Neither those being marketed by Fannie Mae nor at the sheriff's auctions. We can thank:
(1) The court system for dragging out the process for 2-3 years
(2) Chris Christie for vetoing most legislation designed to prevent foreclosures or turn them into "affordable housing" for "section 8 skells"
(3) Hurricane Sandy and the associated forebearances for gumming up the works further

Here's hoping for a 20% stock correction. If some people interested in investing in property blow out their margin accounts, should be a bit harder for them to acquire properties for a while.

Here's ALSO hoping for a continuation of the "Arctic Vortex" for another month and a half. Should keep the soccer mommies and their spooge donors inside and not looking for homes.