Says Trulia, via NJ.Com:  Bubble Watch: Home Prices 5% Undervalued

Otteau Group reports prices in NJ have increased 1/2% per month since late last fall, and continued through the spring market.

This certainly feels better than the declining prices of 2007 through 2010, although we’ve done better, and are continuing to do better, here in the Somerset and Morris Hills.

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