That was in line with consensus expectations, according to Bloomberg. [ READ: 7 Reasons to Buy a House Before 2014 ] However, prices grew by 0.6 percent from June 2013 to July 2013, below consensus expectations of 0.8 percent. July’s monthly price growth also decelerated from a 0.9 percent rise in June, which may signal that home prices are about to level off.
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Housing authority cites progress in Asbury Park
Garrett said in a Sept. 19 interview that the LBHA, which has acted as interim manager of the Asbury Park Housing Authority (APHA) since 2012, will create a redevelopment plan for the authority before the interim contract expires in May. We are working on a way to create a redevelopment plan thats the real goal, he said. It probably will be something similar [to Long Branch], but the one thing that we need to take into consideration is also what the city of Asbury is doing with their redevelopment areas. We want to be a part of whatever is going on in Asbury. We do want to make sure we build affordable housing, but we are open to doing a lot of different creative things. The APHA owns and operates seven public housing developments, with a total of 589 public housing units, and Garrett said the plans would include identifying redevelopment projects and how they would be financed.
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