Category Archives: Employment

Flipping will never die

From MarketWatch: Home flipping rate hits 9-year high — and that could foretell troubles in the housing market Home-flipping has rebounded by one key measure. But that’s doesn’t make it an easy path toward becoming rich. Just over 49,000 single-family … Continue reading

Posted in Economics, Employment, National Real Estate, New Development | 34 Comments

All eyes on jobs

From CNBC: The May jobs report is coming and economic reports don’t get much more important than this one The economy was expected to have added a solid 180,000 jobs in May, but if the payroll number is much stronger … Continue reading

Posted in Economics, Employment, National Real Estate | 81 Comments

A new record for NYC

From the WSJ: Philip Falcone Sets NYC Record With Nearly $80 Million Townhouse Sale Former hedge-fund manager Philip Falcone has sold a New York townhouse for close to $80 million, making it the most expensive residential townhouse ever sold in … Continue reading

Posted in Comp Killer, Economics, Employment, NYC | 135 Comments

We go down now?

From Fortune: Average Home Values See First Monthly Drop in 7 Years In uncertain times, rising housing values have been one thing keeping our collective spirits up. But, as they say, nothing increases forever, and the U.S. real estate market … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, Housing Recovery, National Real Estate | 86 Comments

What NJ Makes…

From the APP: NJ manufacturing jobs grow, but will parents let kids skip college? Aquatherm, a Lakewood manufacturer that makes solar heating systems for swimming pools, has no shortage of ideas that could help its business grow. Workers, on the … Continue reading

Posted in Economics, Employment, New Jersey Real Estate | 44 Comments

Rats leave sinking ship

From Bloomberg: Florida Is the Big Winner as the Wealthy Move Out of Northern States Roughly 5 million Americans move from one state to another annually and some states are clearly making out better than others. Florida and South Carolina … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 15 Comments

What’s driving gross income tax increases?

From the Star Ledger: N.J. income taxes rolling in like never before. Now Dems will fight over what to do with all that extra cash.  New Jersey’s income tax collections came roaring back in April, surprising state leaders and cracking … Continue reading

Posted in Economics, Employment, Politics, Property Taxes | 63 Comments

Policy has repercussions

From ROI-NJ: GSI forum offers some ‘uncomfortable truths’ of doing business in N.J. State Sen. Declan O’Scanlon was measured in his tone but precise in his words. Speaking at Garden State Initiative’s second annual Economic Policy Forum on Thursday in New … Continue reading

Posted in Economics, Employment, New Development, New Jersey Real Estate, Politics | 52 Comments

Overhauled? Shut it down.

From the Star Ledger: The EDA gave tax breaks to a predatory lender, group says. That’s why the state agency needs to be overhauled. Last week, corporate whistleblower Kerrie-Ann Murray testified that her former employer falsified payroll paperwork to facilitate a … Continue reading

Posted in Economics, Employment, New Jersey Real Estate, Politics | 48 Comments

Brains win.

From Citylab: The Geography of Brain Drain in America Perhaps the biggest problem afflicting America is its widening geographic divide between the winners and losers of the knowledge economy. A raft of studies has documented the growing divergence between places … Continue reading

Posted in Demographics, Economics, Employment | 45 Comments

US employment strong, NJ employment sucks, what gives?

From NJBIZ: Jobs report: Unemployment slightly increases on weak job growth New Jersey’s employment rose modestly in March, increasing by 3,600 jobs to mark the fifth monthly increase in the last six months, according to preliminary estimates produced by the … Continue reading

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

Jobs Day

From CNBC: Friday’s jobs report could eliminate market’s recession fears Companies seem to have done a lot of hiring in March, and if Friday’s jobs report is as strong as expected, it could go a long way towards reducing speculation … Continue reading

Posted in Economics, Employment, National Real Estate | 91 Comments

Geographic Sorting and Spacial Inequality

From Citylab: How the 1 Percent Is Pulling America’s Cities and Regions Apart The two gravest challenges facing America today, economic inequality and geographic divides, are increasingly intertwined. Economic inequality has surged with nearly all the growth being captured by … Continue reading

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

Facebook attempts to stop discrimination, after supporting it, and profiting from it, for years.

From HousingWire: Facebook making massive changes to ad platform after being accused of enabling housing discrimination Facebook is making significant changes to its advertising platform after the social media monolith was accused of enabling discrimination in housing, employment, and lending. The … Continue reading

Posted in Demographics, Economics, Employment, Mortgages, National Real Estate | 46 Comments

Going up again?

From CNBC: Home prices could be on the verge of heating up again, according to CoreLogic Home prices in January rose at the slowest pace in nearly seven years, but buyers shouldn’t feel too confident just yet. Prices might be … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 171 Comments