Monthly Archives: November 2019

What could possibly go wrong?

From the Star Ledger: Murphy pushes taxpayer-funded bank for N.J. No state has done that in a century.  Gov. Phil Murphy on Wednesday took the first steps to make New Jersey the first state in a century to open a state-owned bank. … Continue reading

Posted in New Jersey Real Estate, Politics, Where's the Beef? | 68 Comments

Pay up suckers

From HousingWire: Are homes under $250,000 nearing extinction? A recent report by economic research consultancy Capital Economics shared a stunning statistic: The number of vacant single-family homes for sale priced under $250,000 has halved since 2012. According to the report, at the … Continue reading

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 154 Comments

Democrats lose NJ

From the Star Ledger: How Gov. Murphy helped Republicans win Assemblyman Jon Bramnick, the Republican leader, says he is grateful that Gov. Phil Murphy engaged so heavily in this week’s election because it helped Republicans like him win close races. “Did Murphy … Continue reading

Posted in New Jersey Real Estate, Politics, Property Taxes, Unrest | 144 Comments

So Much For Reurbanization

From Forbes: Millennials With Families Are Leaving Major Cities For The Suburbs, Transforming Them Into ‘Hipsturbia’  Just as their parents flocked to the suburbs, city-loving Millennials are doing the same yet transitioning some areas to “Hipsturbia,” a phrase revealed in … Continue reading

Posted in Demographics, Economics, Housing Recovery, National Real Estate, New Development | 67 Comments

Will they buy?

From HousingWire: The homebuyers are coming. The homebuyers are coming A flood of first-time homebuyers is about to hit the market over the next three years, according to newly released analysis from TransUnion.  TransUnion is currently projecting that at least 8.3 … Continue reading

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 83 Comments

Slay the Zombies

From HousingWire: ATTOM: Zombie foreclosures are ticking down The amount of vacant homes in the U.S. continues to sit at a lull, slowly ticking down, according to a new data set from ATTOM Data Solutions.  In the fourth quarter of 2019, … Continue reading

Posted in Economics, Foreclosures, Housing Recovery, National Real Estate | 95 Comments