Monthly Archives: July 2017

NJ’s Non-gentrified Urban Future

A glimpse into what NJ’s urban future will look like. Ever increasing property taxes will create a situation where the urban poor can no longer afford to even pay their property taxes, leading to property tax foreclosures in massive numbers. … Continue reading

Posted in Demographics, Economics, Foreclosures, New Jersey Real Estate, Property Taxes | 25 Comments

Better by 2018? Not likely.

From NJ Spotlight: NEW JERSEY’S ECONOMIC OUTLOOK FOR 2018 IS SO-SO, ACCOUNTANTS SAY Despite New Jersey’s solid year of job growth in 2016, a recent survey of the state’s certified public accountants suggests few of them believe economic conditions will … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 46 Comments

Price cuts move properties

From Bloomberg: Manhattan Home Sales Surge as Cuts Bring Prices to Buyers’ Level Manhattan homebuyers found deals they couldn’t refuse in the second quarter, driving up sales of previously owned properties by the most in more than two years. Purchases … Continue reading

Posted in Demographics, Economics, NYC | 31 Comments

No slow down in May

From CoreLogic: CoreLogic US Home Price Report Shows Prices Up 6.6 Percent in May 2017 CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its CoreLogic Home Price Index (HPI™) and HPI Forecast™ for … Continue reading

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 41 Comments

So much for the summer job

From Time: Where Did America’s Summer Jobs Go? It’s not like the jobs aren’t there. The ice cream still needs scooping. A Tilt-a-Whirl doesn’t run itself. And that floppy, weirdly heavy rubber frog that somersaults toward the rotating lily pads? … Continue reading

Posted in Economics, Employment, National Real Estate, Shore Real Estate | 55 Comments