Category Archives: Employment

April rebound?

Posted on June 16, 2025 by grim

From Kiplinger: Kiplinger Housing Outlook: Monthly Home Price Growth Falls for First Time Since 2023 Home prices continue to push higher, but at a slower pace. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, which measures the price of existing … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, Mortgages, National Real Estate | 226 Comments

Your kids can’t afford to be here

Posted on June 15, 2025 by grim

From the NY Post: Here’s how much owning a home in 2030 will cost based on stagnant US salaries The national median home price is projected to climb to $615,103 by decade’s end, while income gains lag behind — leaving … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate | 25 Comments

Renting Jersey

Posted on June 9, 2025 by grim

From NY Post: Dozens of New Jersey suburbs have more renters than homeowners — more than any other state In the Garden State, signing a deed to buy a home is being outnumbered in certain areas by inking a lease … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 271 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

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

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

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

North Jersey market stats for April

Posted on May 7, 2025 by grim

From the Record: Is the housing market starting to rebalance? How NJ real estate performed in April Of New Jersey’s 21 counties, 13 had an increase in new listings compared with April 2024 and 15 counties had an increase in … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate | 84 Comments

Slowdown? Maybe not.

Posted on May 5, 2025 by grim

From the APP: NJ home prices: Here is what roiling stock market has done to spring 2025 home buying Home buyers continue to descend on the Jersey Shore, shrugging off high mortgage rates, a faltering stock market and economic uncertainty … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate | 56 Comments

What NJ makes, the world takes

Posted on April 30, 2025 by grim

(or is this the prelude to a catastrophic collapse) From ROI-NJ: Report: N.J. led nation in total sales volume for industrial space in 1Q New Jersey topped the nation in total sales volume for industrial space during the first quarter … Continue reading →

Posted in Economics, Employment, New Development, New Jersey Real Estate | 242 Comments

Looking Gloomy

Posted on April 29, 2025 by grim

From the Dallas Fed: Growth continues in Texas manufacturing sector, but outlooks worsen Texas factory activity continued to rise in April, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 136 Comments