Foxtons signs have been a familiar sight.
Foxton's, the West Long Branch-based subsidiary of a London real estate company known for its discounted commissions is filing for bankruptcy, according to this morning's Asbury Park Press.
Plainfield's full-service realtors will not miss it. In fact, their reluctance to show Foxtons' listings may have helped contribute to the firm's demise in today's tough market.
The same can't be said for Foxtons customers, caught in the middle, as the firm shuts down.
Not a good sign for the New Jersey real estate market.
Question: Who's next?
The ubiquitous Foxtons Mini Cooper will be seen no more.
- Asbury Park Press: "Foxtons done in by housing slump"
- Foxtons website
-- Dan Damon
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ARCHIVED POSTS OF PLAINFIELD TODAY FROM 11/03/2005 THROUGH 12/31/2006 ARE AT
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