If you have to move to New Jersey (and just a reminder: you don’t), it’s a fine time to shop for a home. Single-family home sales dropped 18% in 2008 and the median sales price took a 7.5% nose-dive. As always, you’ll get the best mortgage rates when you don’t take one out at all.
(We know it’s hard to imagine $15 million, so we’ve provided a visual aid. Imagine this dollar bill… but 15 million of them. You’re welcome.)
Therefore, it couldn’t be a better time for new Yankee CC Sabathia to lay out $15 million in cash on a nifty little place in tony Alpine, NJ. He will live near Puffy, Britney, Mary J., (Not-So-Little) Stevie, and Chris Rock. This must be part of the Yankees’ plan to keep the puffy pitcher’s arm eternally young: Immerse it in the past.