Category Archives: Demographics

We go down now?

Posted on June 3, 2019 by grim

From Fortune: Average Home Values See First Monthly Drop in 7 Years In uncertain times, rising housing values have been one thing keeping our collective spirits up. But, as they say, nothing increases forever, and the U.S. real estate market … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, Housing Recovery, National Real Estate | 86 Comments

Millennials jump in?

Posted on May 30, 2019 by grim

From CNBC: Many millennials say buying a home may finally be within reach Samantha Suckno says knew she wanted to start to build a life with her soon-to-be husband in a home they owned. So she and her fiance, Jason … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Jersey Real Estate | 143 Comments

Rats leave sinking ship

Posted on May 25, 2019 by grim

From Bloomberg: Florida Is the Big Winner as the Wealthy Move Out of Northern States Roughly 5 million Americans move from one state to another annually and some states are clearly making out better than others. Florida and South Carolina … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 15 Comments

Grass is greener, taxes are lower

Posted on May 9, 2019 by grim

From Fox Business: Florida-based ‘Unhappy New Yorkers’ campaign targets fed-up taxpayers Tens of thousands of New Yorkers are leaving the high-tax state and moving to Florida, a trend local real estate developers are looking to capitalize on. Armando Codina, executive chairman of Miami real … Continue reading →

Posted in Demographics, Economics, National Real Estate | 108 Comments

How In Living Color predicted the future.

Posted on May 8, 2019 by grim

From CNBC: How the hustle and gig economy is choking the middle class For Emmanus Stephen, an Uber driver from Asbury Park, New Jersey, earning enough to pay the bills means strategizing carefully about where he will work each day. … Continue reading →

Posted in Demographics, Economics, National Real Estate | 101 Comments

Welcome Home

Posted on May 7, 2019 by grim

From the Star Ledger: These 2 N.J. suburbs are among most affordable ‘you’d like to live in’ outside of major cities One of the desirable traits of living in New Jersey is much of the state’s proximity to a major … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 66 Comments

Brains win.

Posted on May 4, 2019 by grim

From Citylab: The Geography of Brain Drain in America Perhaps the biggest problem afflicting America is its widening geographic divide between the winners and losers of the knowledge economy. A raft of studies has documented the growing divergence between places … Continue reading →

Posted in Demographics, Economics, Employment | 45 Comments

Uneven recovery or catch up?

Posted on April 25, 2019 by grim

From CNBC: Uneven housing recovery persists, with some markets still behind their pre-recession peak With the U.S housing bubble far in the rearview mirror, home prices in most places have passed their pre-recession peak. In other spots, though, it’s a … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Development | 54 Comments

So much for the jump in February

Posted on April 23, 2019 by grim

From Marketwatch: Existing-home sales slide nearly 5% in March as the on-again-off-again housing market retreats Sales of previously-owned homes fell more sharply than expected in March as the usual housing headwinds stalked the market. The surge in February was the … Continue reading →

Posted in Demographics, Economics, National Real Estate | 122 Comments

Probably because they learned their lesson … duh

Posted on April 22, 2019 by grim

From HousingWire: Why aren’t more people tapping into their home equity? As the housing market has continued its recovery, home prices have been climbing at a steady clip across the nation. And that means homeowners now have a nice stockpile … Continue reading →

Posted in Demographics, Economics, National Real Estate, Risky Lending | 41 Comments

US employment strong, NJ employment sucks, what gives?

Posted on April 20, 2019 by grim

From NJBIZ: Jobs report: Unemployment slightly increases on weak job growth New Jersey’s employment rose modestly in March, increasing by 3,600 jobs to mark the fifth monthly increase in the last six months, according to preliminary estimates produced by the … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 19 Comments

Slowing in LI, or still strong?

Posted on April 17, 2019 by grim

From Newsday: LI home prices rise, but sales slow and inventory grows, report shows Long Island home prices kept rising as the spring selling season got underway last month, but the pace of sales slowed and inventory is on the … Continue reading →

Posted in Demographics, Economics, National Real Estate | 141 Comments

Movement of jah people!

Posted on April 12, 2019 by grim

From NJ Spotlight: IS THE FEDERAL SALT CAP PUTTING NJ RESIDENTS ON THE ROAD TO OTHER STATES? Cindy Myers, the president of a moving company based in Mahwah, said she’s seen a big uptick in out-of-state moves in the past … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, Unrest | 75 Comments

Neighborhood makes a difference? Get real.

Posted on April 11, 2019 by grim

From the APP: Middle class in NJ: Where you grow up determines if you will be rich or poor The chartered bus from Long Branch and Asbury Park made good time to New York City, dropping eighth graders at Samsung to see the latest … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 51 Comments

Geographic Sorting and Spacial Inequality

Posted on April 4, 2019 by grim

From Citylab: How the 1 Percent Is Pulling America’s Cities and Regions Apart The two gravest challenges facing America today, economic inequality and geographic divides, are increasingly intertwined. Economic inequality has surged with nearly all the growth being captured by … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 65 Comments