Category Archives: Demographics

NJ’s Losers

From the Star Ledger: The 20 fastest-shrinking towns in New Jersey New Jersey is in the midst of a dramatic population shift, the inverse of the outward sprawl that has dominated the state for the last several decades. The large … Continue reading

Posted in Demographics, New Jersey Real Estate | 81 Comments

Are suburbs the smart move?

From Inman: Are the suburbs a better deal for millennials? Much has been made of the millennial desire to live in cities; however, a couple of recent studies show that for families with kids, the suburbs might be the place … Continue reading

Posted in Demographics, Economics, National Real Estate | 74 Comments

Millennials happy about housing

From CNBC: Millennials drive housing confidence higher, despite red-hot prices Both buyers and sellers alike are feeling very good about the housing market this spring, even as home values hit new highs and mortgage rates move up. A monthly sentiment … Continue reading

Posted in Demographics, National Real Estate | 76 Comments

Home prices up and continuing to go up -CoreLogic

From HousingWire: CoreLogic: Spring home buying season looks to be strongest in recent memory Home prices increased in January and will even continue this rise into January 2018 due to a mixture of low housing supply and a progressive economic … Continue reading

Posted in Demographics, Economics, National Real Estate | 64 Comments

Ruining your Friday

From NJ Spotlight: OP-ED: JIM HUGHES PREDICTS NJ’S POSTSUBURBAN ECONOMY, AND IT ISN’T PRETTY New Jersey is known for many things, not all of them wonderful. Since World War II, with apologies to Bruce Springsteen and Tony Soprano, it is … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 149 Comments

Pending home sales starting to show cracks?

From CNBC: Pending home sales drop unexpectedly to lowest in a year, down 2.8% in January Higher mortgage rates and near record low supply resulted in disappointing home sales to start the year. House hunters signed 2.8 percent fewer contracts … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 87 Comments

Has the time come for Newark’s revival?

From Bloomberg: In Shadow of Manhattan, a Long-Neglected City Is Having a Moment For years, downtown Newark’s Military Park, barren and surrounded by vacant buildings, was a symbol of the despair that set in after the 1967 riots. Now it’s … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 67 Comments

Who to blame?

From National Mortgage News: Thank Landlords for the Home Price Recovery: Attom Small investors, not first-time homebuyers, are driving home prices to unaffordable highs, according to a new report from Attom Data Solutions and Clear Capital. Real estate investors drove … Continue reading

Posted in Demographics, Economics, National Real Estate | 31 Comments

Should I stay or should I go?

From HousingWire: Here’s the inventory crisis smothering Millennial homebuying

Posted in Demographics, Economics, National Real Estate | 79 Comments

How low can inventory go?

From HousingWire: Realtors: Majority of metros hit peak levels in 2016 The fourth quarter of 2016 saw the best quarterly sales pace of the year, but also pushed housing inventory to record lows, and many markets to home prices with … Continue reading

Posted in Demographics, Economics, National Real Estate | 103 Comments

Up or Down or Up or Down or Up or Down

From Marketwatch: Housing demand may keep market afloat, even if rates rise How will the housing market handle rising rates? Ever since the November election, when the unexpected Trump victory sent bond yields flying and mortgage rates following closely behind, … Continue reading

Posted in Demographics, Economics, National Real Estate, Politics, Risky Lending | 64 Comments

Shut Up Gen X

From the NY Times: Generation X More Addicted to Social Media Than Millennials, Report Finds We all know the stereotype: silly millennials, tethered to their phones, unable to accomplish the simplest tasks without scrolling their Instagram feeds, snapping their friends … Continue reading

Posted in Demographics, Unrest | 33 Comments

Not a bad December for NJ real estate

From Otteau Group: MarketNEWS January 30, 2017 Edition In December, the number of contract purchases by homebuyers exceeded the same month in the prior year for the 28th consecutive month, reflecting a 4% increase over December 2015. Considering the 28% … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate | 104 Comments

Luring millennials with sushi

From the WSJ: Suburban Offices Woo Millennials With Food, Fitness and Fun Suburban landlords trying to compete with sleek urban office settings are finding new ways to step up their game. Property owners in New York’s suburbs are investing heavily … Continue reading

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

Huh?

Oddest thing I’ve read in a long time, from StateTech (?): Atlantic City Aims to Revitalize by Attracting Tech Talent and Startups How do you redefine a city? It’s a daunting question, but one that Atlantic City, long viewed as … Continue reading

Posted in Demographics, Economics, New Development, South Jersey Real Estate | 100 Comments