Category Archives: Demographics

Another good year for RE?

Posted on January 16, 2020 by grim

From HousingWire: CoreLogic: Expect home prices to rise 5% by next November In November, home prices climbed by 3.7% from the previous year, according to CoreLogic’s latest Home Price Forecast. The CoreLogic HPI projects future home price growth based on several economic … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 116 Comments

The Exodus

Posted on January 3, 2020 by grim

From CNBC: People couldn’t wait to leave this state in 2019 Blame it on brutal winters, high taxes or the New Jersey Turnpike: The Garden State is the last place where people want to be. More than two-thirds of all … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Jersey Real Estate, Property Taxes | 114 Comments

Housing Slowing?

Posted on December 30, 2019 by grim

From HousingWire: Home price growth slows but rent keeps rising at 2019 ends Both home prices and rents continued to increase as the year reached an end, but one of those two is increasing faster than the other. Home values … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 26 Comments

Idiots in Trenton

Posted on December 4, 2019 by grim

From the Star Ledger: High-cost, high-tax New Jersey is no place for old men – or old women You might have seen that Fairleigh Dickinson poll released last week in which a sample of New Jersey residents were asked, “Are you considering … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, Unrest | 190 Comments

Nobody wants to sell?

Posted on December 2, 2019 by grim

From the Real Deal Home prices accelerate nationally as owners stay longer The pace of rising home prices quickened in September and existing home sales ticked up 1.9 percent. Average home prices in cities across the nation rose 3.2 percent … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 21 Comments

No recession without housing?

Posted on November 28, 2019 by grim

Home price gains accelerate in September, S&P Case-Shiller Index says Sales of new U.S. single-family homes unexpectedly fell in October following recent strong gains, but the overall housing market remains supported by lower mortgage rates. After shrinking for much of … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 33 Comments

No housing crisis yet…

Posted on November 23, 2019 by grim

From MarketWatch: Existing-home sales rebound 1.9% in October as low mortgage rates continue to provide a lift Sales of previously-owned homes rose 1.9% in October — the latest housing statistic to demonstrate the upward lift low mortgage rates have provided … Continue reading →

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 77 Comments

How low can inventory go?

Posted on November 21, 2019 by grim

From HousingWire: U.S. housing market experiences largest inventory decline since 2018 In October, America’s home sales rose by 3.9%, marking the fourth month of the past six to post a year-over-year increase in sales, according to the RE/MAX National Housing Report. “October … Continue reading →

Posted in Demographics, Economics, National Real Estate | 120 Comments

NJ adds jobs in Oct – unemployment up to 3.2

Posted on November 17, 2019 by grim

From InsiderNJ: NJDOL: New Jersey Payrolls Grow in October Hiring by New Jersey employers picked up in October while New Jersey’s unemployment rate edged higher for the month, according to estimates produced by the U.S. Bureau of Labor Statistics. Total … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 76 Comments

Pay up suckers

Posted on November 11, 2019 by grim

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

So Much For Reurbanization

Posted on November 6, 2019 by grim

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?

Posted on November 3, 2019 by grim

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

August Case Shiller

Posted on October 30, 2019 by grim

From CNBC: Home price gains heat up in August but slow in major markets, S&P Case-Shiller index says Home prices are heating up again on a national level, but some of the largest cities are lagging. That may be due … Continue reading →

Posted in Demographics, Economics, Housing Bubble, Housing Recovery, National Real Estate | 65 Comments

September Existing Home Sales

Posted on October 24, 2019 by grim

From Reuters: U.S. existing home sales drop more than expected in September U.S. home sales fell more than expected in September as the market continues to struggle with a dearth of properties for sale, especially for cheaper homes. The National … Continue reading →

Posted in Demographics, Economics, National Real Estate | 37 Comments

Get with the times NJ

Posted on October 22, 2019 by grim

From CNBC: Backyard bungalows are becoming big business for homeowners and builders They’re not just she-sheds or he-sheds or granny pods or tiny homes. The latest housing trend in the backyard is now front and center for a new breed … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Development | 89 Comments