WHATIS YOURHOMEWORTH?
EXCLUSIVE
After years of being battered by the recession, the Jersey Shore real estate
market is finally climbing out of the basement. ¶ However, if you are expecting
your home to fetch what it was worth in 2006, at the height of the market before
the bubble burst, you may have a long wait. ¶ Median home prices in both
Monmouth and Ocean counties are down 7.1 percent and 15.5 percent, respec-
tively, from 2006, according to an exclusive analysis by the Asbury Park Press
of sales for single-family homes for the first nine months of 2015, the latest
data available from home sales reported to the state.
InsideOur town-by-town look willtell you if homesale prices arethe rise. 4A
OnlineVisit APP.comand search“home values”to view an inter-active list of salesin your town andacross the state.
Values tick up,but still lag frommarket heyday
KEN SERRANO @KENSERRANOAPP
AND PAMELA MACKENZIE @PAMMACKENZIEMCJTop townsThe five towns with the big-gest sales boosts, 2014-2015:Rumson ...............................+18%Asbury Park........................+17%Lakewood...........................+12%Holmdel...............................+11%Berkeley ................................+9%
Median sale pricesMonmouth Co..................$360KOcean Co. ..........................$245KNew Jersey ........................$299KSource: Asbury Park Press analysis of firstnine months of each year of sales datareported to the state, where more than100 homes were sold
See HOME, Page4A
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VOLUME137
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At least 37 migrants — in-cluding children — drownedoff the coast of Turkey.1B
How badly does low-polling Chris Christie have to doin Monday’s much anticipated Iowa caucus before NewJerseyans should expect to get their governor backfrom the presidential campaign trail?
One pundit’s view, in this upside-down world of Iowaexpectations: Christie could get a boost, even whilenearly scraping the bottom.
“If by some miracle Christie beats someone who ac-tually tried in Iowa, say Jeb Bush, he could actually getabounce out of the state and maybe even force Jeb out,”said Matthew Hale, Seton Hall University political sci-entist professor.
The hours are winding down until residents of Iowabecome the first to cast votes in the 2016 presidential
nominating process. They will gather in 1,681 caucusprecincts — with meetings in libraries, churches, localcommunity centers, and gymnasiums — starting at 7p.m. (Central Time) Monday, with no set closing time.
A caucus is a local political party meeting. Partici-pants discuss and vote upon their party’s candidates,vote for local party leaders and discuss their party’splatform.
The event kicks off state-by-state delegate selection,prelude to the national conventions (Democrats willmeet in Philadelphia and Republicans will meet inCleveland, both in July), where party nominees are offi-cially chosen.
Here are seven things to watch for in the Iowa re-
Seven things to watch for at Iowa caucusesBOB JORDAN
@BOBJORDANAPP
See IOWA, Page9A
INSIDE
» Take a peek inside the Iowa caucuses. 8A» Billionaire behind Christie super PAC. 9A» How the Iowa caucuses work. 5B
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