Monthly Archives: November 2014

Come back in 3 years

Posted on November 12, 2014 by grim

From HousingWire: Zillow: Housing won’t normalize for at least 3 years While a small percentage of people said they believe the housing market either already has returned to normal, or will in the next 12 months, 40% said it would … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 112 Comments

Millennials the most important demographic?

Posted on November 11, 2014 by grim

From HousingWire: Millennials still grapple with first-time homebuying “Among primary residence homebuyers, the demographics have shifted dramatically, especially among first-time homebuyers, whose share of the market has dropped to its lowest level in decades,” said Jessica Lautz, director of member … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery | 186 Comments

The meek may inherit the Earth, but the rich will buy the beach

Posted on November 10, 2014 by grim

From Bloomberg: Springsteen Girls Priced Out as Rich Buy N.J. Shore Homes When Hurricane Sandy roared through New Jersey two years ago, it not only tore up the shoreline. It also pushed out much of the middle class. From Ocean … Continue reading →

Posted in Demographics, Economics, Employment, Shore Real Estate | 106 Comments

Prices decline in South Jersey

Posted on November 9, 2014 by grim

From the Press of Atlantic City: Home-price reports show gains, declines in South Jersey Home prices continued to increase moderately nationwide in the third quarter, the National Association of Realtors said this week, but in the South Jersey shore region, … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, South Jersey Real Estate | 27 Comments

Appreciation slowdown or just a temporary blip?

Posted on November 7, 2014 by grim

From the Wall Street Journal: U.S. Home-Price Gains Pick Up a Bit The National Association of Realtors said that home-price appreciation, after easing earlier this year, is starting to pick up. However, price gains have slowed sharply in some of … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 133 Comments

No drop in asking prices

Posted on November 6, 2014 by grim

From MarketWatch: Asking prices for houses accelerate in 40 metro areas Home prices may be plateauing across the U.S., but the increase in asking prices for homes has accelerated in 40 of the nation’s largest 100 metro areas in October … Continue reading →

Posted in Housing Recovery, National Real Estate | 232 Comments

What? You didn’t actually think lending standards were going to stay this tight? Did you?

Posted on November 5, 2014 by grim

From HousingWire: Why GSE support of low-down payment mortgage is not bad Not everyone in the industry is on board with the Federal Housing Finance Agency’s recent move to encourage lenders to issue mortgages with down payments as low as … Continue reading →

Posted in Mortgages, Risky Lending | 149 Comments

When in doubt, rent.

Posted on November 4, 2014 by grim

From the WSJ: First-Time Home Buyers Fade Further First-time home buyers made up the smallest share of U.S. buyers in nearly three decades, a traditionally solid slice of the housing market whose absence is raising questions about the impact of … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery | 123 Comments

“Half of New Jerseyans would like to retire elsewhere”

Posted on November 2, 2014 by grim

From the APP: Find out why retirees are leaving NJ Charles Joseph would like to stay in New Jersey, but he might be priced out of the state. The 67-year-old Clinton Township resident said all he hears is that people … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 112 Comments