Monthly Archives: December 2017

On the bright side, it’ll be so affordable nobody will want to leave

From the Philly Inquirer: ‘It’s going to make it more expensive to live here’: Why N.J., Pa. might face housing blow under GOP tax bill Usually, Tom Bracken said, he would do cartwheels over a plan to cut corporate taxes. … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate, Philly, Politics | 95 Comments

Where’s our pork?

From the NYT: On Tax Bill, It’s Trump vs. His Hometown When President Trump returned to his hometown on Saturday for a day of fund-raisers, his third and final check-collecting stop was the Park Avenue home of Stephen A. Schwarzman, … Continue reading

Posted in NYC, Politics | 89 Comments

Great time to buy a house … again

From Bloomberg: Housing Market’s Comeback Is Poised to Accelerate Housing was the epicenter of the last recession. From the peak in 2005 to the end of the contraction in mid-2009, U.S. residential investment declined at an unprecedented rate of about … Continue reading

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 78 Comments

Sorry about your home prices

From the NY Times: How New Yorkers Would Lose Under the Republican Tax Bill The tax bill approved by the Senate is many things, offering a huge tax cut for corporations, lower rates for the wealthy, and a big victory … Continue reading

Posted in New Jersey Real Estate, NYC, Politics | 262 Comments

MacArthur a hero for NJ, or not?

From the Washington Post: The GOP’s $10,000 cap on property tax deductions and how it affects one congressional district “According to data direct from the IRS, allowing property tax deductions up to $10,000 — which I fought for and won … Continue reading

Posted in New Jersey Real Estate, Politics, Property Taxes | 141 Comments

Otteau Report November

From Otteau Group: MarketNEWS November Edition After home sales were basically unchanged during the month of September, New Jersey experienced a 9% increase in purchase contracts in October. Considering the 4% increase one year ago in October of 2016, home … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate | 217 Comments