Category Archives: Demographics

Look at the bright side America, you can afford to live in Detroit

Posted on August 21, 2019 by grim

From HousingWire: These are the nation’s most affordable housing markets for middle-class families The era of unusually affordable housing has ended, meaning America’s housing affordability has returned to average historical levels. While this means homes are no longer cheap on a … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 151 Comments

Don’t Fear The Reaper (or maybe you should)

Posted on August 15, 2019 by grim

From CNBC: More signs point to a softer housing market, even as mortgage rates fall Homebuilders and buyers alike are pulling back, even as mortgage rates fall to multiyear lows. The housing market is simply too pricey, and consumers are … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 39 Comments

School rules

Posted on August 13, 2019 by grim

From HousingWire: Half of homebuyers with kids base purchase on school district Purchasing a home is one of the biggest decisions a person can make during their lifetime. After all, where you live determines many factors about your life, including … Continue reading →

Posted in Demographics, Economics, National Real Estate | 50 Comments

May Case Chiller

Posted on August 1, 2019 by grim

From Marketwatch: Home prices continue to slow in May, Case-Shiller says The numbers: Home price inflation slowed further in May as the S&P CoreLogic Case-Shiller 20-city index rose 0.1% in May compared with April on a seasonally adjusted basis. On an … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 60 Comments

Sorry, no homes for you

Posted on July 29, 2019 by grim

From HousingWire: Millennials want to buy homes, but their wallets are saying no As summertime heats up, it’s safe to say that spring has officially come to an end. But while its cooler days may be behind us, data says … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 82 Comments

NJ bounces back

Posted on July 19, 2019 by grim

From the APP: NJ jobs: Unemployment rate drops to record low 3.5%, leaving employers in a pinch While help-wanted signs abound, employers say they are scrambling to fill jobs in an exercise that could get more difficult as the giant … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 31 Comments

Most stable market in…forever?

Posted on July 15, 2019 by grim

From CNBC: Housing-market distress is at its lowest in at least 20 years — can it hold?  In the aftermath of the housing crisis, lenders and regulators clamped down hard to make sure we’d never have another bubble like the … Continue reading →

Posted in Demographics, Economics, Employment, Foreclosures, National Real Estate | 98 Comments

Industrial is hot in NJ

Posted on July 14, 2019 by grim

From GlobeSt: NJ’s Industrial Market Continues to be a Record-Breaker The industrial real estate market in New Jersey continues to see strong demand, higher rents and low availabilities. Commercial brokerage firm CBRE in its latest market report on the industrial … Continue reading →

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

Maybe we should have chosen another option?

Posted on July 10, 2019 by grim

From the Press of Atlantic City: NJ wage support complicated, less effective than stronger economy New Jersey lawmakers have hobbled the state economy with the worst business tax and regulatory climate in America. That costs residents a lot of prosperity … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 114 Comments

NJ’s glimmer of hope

Posted on July 6, 2019 by grim

From the Star Ledger: Wages up, unemployment down in N.J.’s largest counties as economic recovery continues Wages in Mercer County rose by 7.1 percent last year, the largest increase in New Jersey and one of the biggest in the country, … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 72 Comments

NJ – $10 minimum wage today

Posted on July 1, 2019 by grim

From NJ Spotlight: NJ’S MINIMUM WAGES RISES TO $10 TODAY IN FIRST STEP TOWARD $15 Today more than 200,000 New Jerseyans are getting a raise to $10 an hour, the first in the state’s multi-year move toward a $15-an-hour minimum … Continue reading →

Posted in Demographics, Economics, Employment | 63 Comments

Blame the Boomers

Posted on June 25, 2019 by grim

From The Atlantic: The Boomers Ruined Everything The Baby Boomers ruined America. That sounds like a hyperbolic claim, but it’s one way to state what I found as I tried to solve a riddle. American society is going through a … Continue reading →

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

Blame Millennials? For what?

Posted on June 22, 2019 by grim

From the Guardian: Like it or not, ‘Generation Snowflake’ has got a raw deal The idea of generational conflict has come to prominence in the last few years, but few seem to agree on its shape and causes. Public discussion … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 137 Comments

NJ loses 7600 jobs in May

Posted on June 21, 2019 by grim

From the APP: NJ jobs faltered in May: Spring slump or Trump tariffs? New Jersey employers tamped down their hiring in May and are growing more pessimistic about their outlook, a series of reports released this week shows. The New … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 110 Comments

Gates invests in Newark

Posted on June 18, 2019 by grim

From the Star Ledger: Bill Gates just chose 10 cities to invest in and one of them is in N.J. Newark’s newest initiative to provide free legal help for low-income tenants facing evictions is getting a major boost from three of the … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 70 Comments