Monthly Archives: January 2015

Bubble or bargain?

From MarketWatch: Where house prices are most undervalued (and overvalued) U.S. house prices are only undervalued by around 2% on average, according to the latest research, but they’re still overvalued — and undervalued — by double-digit percentages in some metro … Continue reading

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 98 Comments

2015 – Year of the first-timer?

From the Record: First-time buyers key to housing Joy Abma, 23, and Dan Charnesky, 24, expected to rent an apartment after their wedding this spring. But when they looked at the high rents — and the difficulty of finding a … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery | 93 Comments

Lowest priced homes not sharing in the recovery

From HousingWire: Black Knight: Affordable homes lagging behind in home price recovery In the 10 states where prices are still furthest from their pre-crisis peaks, homes in the bottom 20% value tier are lagging – sometimes considerably – in recovery … Continue reading

Posted in Housing Recovery, National Real Estate | 71 Comments

The future belongs to them

From the Atlantic: Can Immigrants Save the Housing Market? Since the recession, there’s been concern over the lack of new households formed and the decreased rate of homeownership in the U.S. And while some suggest that the share of people … Continue reading

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 61 Comments

Sound familiar?

From Bloomberg: Obama to Cut FHA Mortgage Insurance Premiums to Boost Homeownership In an effort to expand homeownership among lower-income buyers, President Barack Obama plans to cut mortgage-insurance premiums charged by a government agency. The annual fees the Federal Housing … Continue reading

Posted in Mortgages, Politics, Risky Lending | 224 Comments

Where to find the most and least expensive 4 bedroom in NJ

From the Daily Record: N.J. homes among priciest, but S.J. offers some bargains Coldwell Banker Residential Brokerage has released its 2014 Home Listing Report, which found New Jersey to have the fourth highest average listing price in the nation, at … Continue reading

Posted in Demographics, Economics, Housing Recovery, New Jersey Real Estate | 171 Comments

NJ tops United Van Lines migration report again

From the Star Ledger: People are fleeing N.J. faster than any other state, moving company says Nearly two of every three families making an interstate move involving New Jersey last year were leaving the Garden State, the highest rate in … Continue reading

Posted in Demographics, Economics, Employment, Property Taxes | 158 Comments

Millennials moving to least affordable metros

From Fusion: The Washington DC-area is now the most millennial-soaked region in the country From RealtyTrac: Renting Less Affordable Than Buying in Most U.S. Markets But Not Where Millennials Are Moving Most RealtyTrac analyzed 2015 fair market rental data recently … Continue reading

Posted in Demographics, Economics, Housing Recovery | 97 Comments

Predictions 2015!

This is becoming a tradition around here, so here we go again! You know how this works, break out the crystal balls and prognosticate. Ground Rules Predictions provided should either be for June 30th, 2015 or December 31st, 2015, please … Continue reading

Posted in Demographics, Economics, Employment, Foreclosures, Housing Recovery | 188 Comments

Pending Home Sales Jump in November

From the WSJ: U.S. Pending Home Sales Rise in November New data on home sales released Wednesday offer few signs suggesting a breakout for the U.S. housing market, but they also offered little proof of a renewed slowdown. The number … Continue reading

Posted in Housing Recovery, National Real Estate | 80 Comments