Category Archives: Economics

Jersey Market Slows

Posted on June 8, 2025 by grim

From NorthJersey.com: With nearly 25% more home listings in May, housing inventory in NJ continues to rise If it feels like you’ve been noticing more for sale signs popping up, it’s not all in your head: Housing inventory across the … Continue reading →

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

Jobs Day

Posted on June 6, 2025 by grim

From CNBC: Friday’s jobs report likely will show hiring cooled in May. Here’s what to expect There seems little doubt now that hiring slowed considerably in May as companies and consumers braced for higher tariffs and elevated economic uncertainty. The … Continue reading →

Posted in Demographics, Economics, Employment | 111 Comments

Post Pandemic Hangover

Posted on June 5, 2025 by grim

From Newsweek: Denver Faces Pileup of Unsold Homes There are more homes for sale in Denver now than there were before the pandemic, in 2019, as hundreds of listings are piling up in the market amid buyers’ apparent indifference. While … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 69 Comments

Can’t lose in real estate

Posted on June 4, 2025 by grim

From Realtor.com: Home Prices Are ‘Not on the Verge of a Nuclear Crash’: Economist Projects Modest Price Gains of 3% in 2025 National Association of Realtors® Chief Economist Lawrence Yun has said that he believes home sales will pick up in the second half … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 117 Comments

What will tip the market?

Posted on June 3, 2025 by grim

From Quartz: America’s housing market is cracking After more than two years of relentless price increases, the fundamentals are shifting. Home prices are starting to fall, unsold inventory is piling up to levels not seen since the 2008 financial crisis, … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 64 Comments

Bergen goes Blockchain

Posted on June 1, 2025 by grim

From The Street: New Jersey just put $240 billion worth of real estate on the blockchain New Jersey’s most populous county, Bergen County, is home to approximately 1 million. Part of the prosperous New York City metropolitan area that is … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics | 23 Comments

Double up!

Posted on May 31, 2025 by grim

From NJ1015: A housing trend that is exploding in NJ Is it the money? Is it the melting pot? It’s both. There is a huge, growing trend happening in New Jersey. Increasingly, families are living in multigenerational households, where three … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Jersey Real Estate | 20 Comments

Case Shiller starts to show red

Posted on May 29, 2025 by grim

From Housingwire: Pace of home-price appreciation falls for the second month in a row Home-price appreciation continues to grow in 2025 and another report confirms that. The S&P CoreLogic Case-Shiller Home Price Index for March rose 3.37% year over year. That pace is … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 195 Comments

NJ office market tightens

Posted on May 28, 2025 by grim

From NJBIZ: Northeast office markets post lower vacancies, higher rents While occupancy rates may be less certain comparatively, a new report finds all Northeastern markets posted vacancy rates below the national average (19.7%) in April. CommercialEdge’s May 2025 Office Market Report, … Continue reading →

Posted in Economics, Employment, New Development, New Jersey Real Estate | 138 Comments

Will a recession tip the market?

Posted on May 27, 2025 by grim

From Barrons: Home Sellers Are Dropping Prices, but Buyers Aren’t Budging. What Could Change That. The number of homes listed for sale this spring has jumped, but as costs remain prohibitive, buyers aren’t returning with the same enthusiasm. A recession … Continue reading →

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

Jersey Works

Posted on May 21, 2025 by grim

From ROI-NJ: Report shows N.J. office market doing better than national average A CommercialEdge report says office vacancy rates in the nation’s central business districts continue to struggle as declining listing rates and high vacancy levels persist as the effects of the … Continue reading →

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 275 Comments

Unemployment ticks up in NJ

Posted on May 19, 2025 by grim

From the NJBIA: NJ Unemployment Rate Rises to 4.8%  New Jersey employers added 4,800 jobs in April, but the unemployment rate inched up to 4.8%, the highest it’s been in over three years, according to preliminary federal data released Thursday … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 60 Comments

Pass the salt, please

Posted on May 17, 2025 by grim

From the Realtors: These High Tax States Could Benefit the Most From Higher SALT Deduction There’s a new bill in Washington that’s become the subject of some ugly debate. In a surprising twist, the fate of the current House Republican … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 76 Comments

Go West, but not too far west.

Posted on May 16, 2025 by grim

From CBS News: Here’s where it’s toughest for the middle class to find an affordable home Homeownership is considered a mainstay of the American dream, but a shortage of affordable homes is blocking that pathway for many middle-income families, according … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 121 Comments

Foreclosures ticking up (but still low)

Posted on May 15, 2025 by grim

From Realtor.com: 2 Southern States Lead the U.S. With the Highest Number of Foreclosures Foreclosures have continued to inch upward, signaling that homeowners are being squeezed by the high cost of homeownership. There were a total of 36,033 U.S. properties … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 92 Comments