Category Archives: Demographics

Ummmm. This analysis didn’t yield what you thought it would.

From the Star Ledger: The 16 N.J. towns with the most single people Looking for love? New Jersey isn’t a bad place to visit. Just less than half of the population is married, according to Census data. About a third … Continue reading

Posted in Demographics, Economics, Humor, New Jersey Real Estate | 33 Comments

Income inequality in NJ

From the Star Ledger: See how your town scores on income inequality There are multi-million dollar McMansions and blue-collar families just trying to make ends meet. Across New Jersey, the gap between the rich and the poor continues to get … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate | 64 Comments

Update on the most important town in NJ

From Patch: These Development Projects Could Transform Wayne In 2018 There are nine TEN development projects in the works that could change the township and continue to improve the local economy. In his annual State of the Township address, Mayor … Continue reading

Posted in Demographics, Economics, Humor, New Jersey Real Estate | 132 Comments

Everyone hates affordable housing

From the Jersey Journal: Court win for developer of micro units opposed by neighbors The four-year fight over a micro-unit building slated for Downtown Jersey City is finally over, with the New Jersey Supreme Court this month declining to hear … Continue reading

Posted in Demographics, New Development, New Jersey Real Estate, Unrest | 98 Comments

Existing home sales hit 11 year high

From HousingWire: Existing home sales surge past decade high Existing home sales increased for the third straight month to their highest point in more than a decade, according to the latest report from the National Association of Realtors. Total existing … Continue reading

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 102 Comments

Do or die time

From NJBIZ: NJ’s challenged suburban economy is now in crisis courtesy of Congress New Jersey is the most suburban state in the nation, which means plenty of malls and office parks. Not too long ago these properties helped make New … Continue reading

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate, Property Taxes | 107 Comments

NY Mortgages Worse Than NJ

From CoreLogic’s December Loan Performance Insights: NY has finally taken the overtaken NJ in mortgage delinquency stats, something I’ve been talking about for months. This is primarily being driven by distressed loan performance improving in NJ, and not delinquencies growing … Continue reading

Posted in Demographics, Economics, Mortgages, New Jersey Real Estate, Risky Lending | 75 Comments

Silly Valley

From the Star Ledger: Assembly speaker-elect: We can make N.J. the new Silicon Valley They all came from the same place — the transistors that powered radio to the digital cellular that powers our smartphones, fiber optics to LCD technology, … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 102 Comments

On the bright side, it’ll be so affordable nobody will want to leave

From the Philly Inquirer: ‘It’s going to make it more expensive to live here’: Why N.J., Pa. might face housing blow under GOP tax bill Usually, Tom Bracken said, he would do cartwheels over a plan to cut corporate taxes. … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate, Philly, Politics | 95 Comments

Great time to buy a house … again

From Bloomberg: Housing Market’s Comeback Is Poised to Accelerate Housing was the epicenter of the last recession. From the peak in 2005 to the end of the contraction in mid-2009, U.S. residential investment declined at an unprecedented rate of about … Continue reading

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 78 Comments

Otteau Report November

From Otteau Group: MarketNEWS November Edition After home sales were basically unchanged during the month of September, New Jersey experienced a 9% increase in purchase contracts in October. Considering the 4% increase one year ago in October of 2016, home … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate | 217 Comments

So what happens to New Jersey?

From ROI NJ: Murphy’s plans, GOP’s ideas could hasten migration from N.J. While raising the minimum wage and increasing the millionaires tax are two goals for Gov.-elect Phil Murphy, two Republican tax bills currently making their way through the federal … Continue reading

Posted in Demographics, Economics, National Real Estate, Politics, Property Taxes | 72 Comments

If not the Millionaires, then who? (Hint, You.)

From the Star Ledger: N.J.’s millionaires’ tax hike is losing support By now, anyone paying attention can see that Republicans in Washington are out to screw New Jersey. We would pay higher taxes under their plan, even though we already … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate, Politics, Property Taxes | 25 Comments

Light Reading for Thanksgiving Morning

From ROI-NJ: Smart Growth coalition offers Murphy blueprint for economy For all the talk of attracting companies, the fact remains that the state has a land supply problem, especially in Northern New Jersey. Consider this: If a manufacturer wanted to … Continue reading

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate, Politics | 26 Comments

$15 in 3 years?

From the Star Ledger: What Murphy just said about N.J. minimum wage hike, millionaire’s tax In their first public appearance together, Gov.-elect Phil Murphy and his fellow Democrats who lead the New Jersey Legislature promised Monday to gradually hike the … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate | 88 Comments