Category Archives: Demographics

Feeling Hot Hot Hot

From MarketWatch: Americans haven’t been this optimistic about house prices since just before the crash House prices are soaring and, despite warnings from some analysts, most Americans believe they will continue to soar. A majority of U.S. adults (64%) continue … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 75 Comments

…and still little new housing

From CNBC: Home prices just took the biggest jump in four years Homebuyers, hold onto your wallets. The gains in home prices are getting bigger as the supply of homes for sale gets leaner. The median price of a home … Continue reading

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 35 Comments

Out with retail, in with industrial

From Real Estate Weekly: Developers struggling to meet demand for New Jersey industrial space New Jersey can’t keep up with demand for industrial space, according to Duke Realty leasing vice president Ben Rosen. “There are no buildings available under 300,000 … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 28 Comments

Your parents had it easy

From CNBC:

Posted in Demographics, Economics | 103 Comments

Don’t need NY to tell us we’re cool … but it sure don’t hurt

From the NY Times: Wait, New Jersey Was Once Not Cool? New Jersey chic used to have a name: Bruce Springsteen. And that was pretty much it, at least according to the Garden State’s haughty neighbors across the Hudson River, … Continue reading

Posted in Demographics, Humor, New Jersey Real Estate, NYC | 119 Comments

No surprises here, big money stays in Manhattan

From Bloomberg: New York City’s Top Earners Still Choose Manhattan Over Brooklyn Brooklyn may claim the popularity contest, but Manhattan’s still home to the city’s highest earners. That’s the upshot from a Bloomberg analysis of household earnings by zip code, … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate, NYC | 131 Comments

NJ wages up 4%

From the Star Ledger: N.J. workers are earning more $$$ but it’s not all good news New Jersey workers now have a few more bucks in their pocket. The average hourly earnings of New Jersey employees in the private sector … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 81 Comments

You don’t get a house just for showing up…

From USA Today: Home buying market so brutal, some home buyers make offer sight unseen This spring home-buying season should be a coming-out party for Millennials, many of whom are finally ready to make a purchase after hunkering down for … Continue reading

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

Get in line with the rest of us

From NJBIZ: Survey: Millennials want more jobs, cheaper housing Millennials in New Jersey want lower taxes, increased job opportunities, affordable housing and improved, cheaper mass transit in order to stay in the state. According to a survey of 975 state … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate | 103 Comments

NJ Pension on Track! … to be fixed in 30 years.

From the Star Ledger: Have New Jersey’s pension woes finally bottomed out? ould it be true? Is New Jersey’s pension fund for public workers — among the worst-funded in the nation — really on the road to recovery? That’s what … Continue reading

Posted in Demographics, Economics, Humor, New Jersey Real Estate, Politics | 121 Comments

Onslaught

From HousingWire: Experts: Homebuyers should prepare for onslaught of competition this spring season The latest Case-Shiller report showed home prices are continuing to rise, but now experts say not only are those high prices here to stay, but homebuyers could … Continue reading

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 144 Comments

Never an easy year for a first time buyer

From the NYT: 2018: A Tough Year for First-Time Buyers Dr. Davis and brokers will likely tell you that what your decision should come down to is not so much whether you will make money off your home, or how … Continue reading

Posted in Demographics, Economics, National Real Estate | 221 Comments

“It’s grim all over”

From Bloomberg: U.S. Starter Homes Are Scarcer, Pricier, Smaller and More Run-Down Homebuyers in the U.S. have plenty to grouse about these days. Prices have climbed steeply in many metro areas, mortgage rates are rising and inventory is thin. But … Continue reading

Posted in Demographics, Economics, National Real Estate | 109 Comments

I think I can I think I can

From Bloomberg: U.S. Home Prices Rise Almost 9%, the Biggest Gain in Four Years Home prices in the U.S. surged 8.8 percent in February — the biggest gain in four years — as buyers battled for an increasingly scarce resource: … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 139 Comments

NJ Lagging Job Recovery

From the Star Ledger: N.J. added 43K jobs in 2017. Here’s why that’s not such good news New Jersey added about 43,000 jobs in the private sector in 2017, about 18,000 less than 2016, according to data released by the … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 170 Comments