Wells Fargo Moves Off Washington
Wells Fargo Mortgage moves in Hoboken, NJ
Normally – a bland, pedestrian business like Wells Fargo Mortgage Bank (321 Washington) moving to a new location in Hoboken, NJ would be “boring news.”
However, this particular update is interesting for more than one reason.
For one – back over seven years ago – we here at Hoboken411 called the Real Estate “bubble bursting” way in advance of the 2008 economic collapse. We saw that this mortgage bank was rarely populated by customers, let alone enthusiastic employees. Yeah, we were a few years ahead, but you can’t complain you didn’t hear the cries WAY in advance. Your loss!
Secondly (and this could be argued), it is another “nail in the coffin” for our once vibrant “main drag.” Not saying a mortgage bank is what attracts tourists to our local boutiques, so maybe this is a blessing in disguise. You never know!
Perhaps another bakery like Riviera can take the throne once again?
Wells Fargo Mortgage Bank – Hoboken, NJ
Not sure if this was just an odd coincidence, but the Wells Fargo Home Mortgage Bank was pretty much empty at a peak time in Hoboken when everyone was around. Would you consider this one of the signs that the bubble is really bursting?
Seems to be a need for this:
Description: Mortgage Bank. Loans, consolidation, refinance, etc.
Address: 321 Washington St, Hoboken, NJ 07030