Category Archives: Employment

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

Minimum wages up – Property taxes up

Oh, you’ll find a way. From NJTV: How will NJ’s new $15 minimum wage affect local governments? Middletown has a population of 66,000. The Monmouth County city has horse farms, the beach and Big Mike’s Little Red Store. Middletown Mayor … Continue reading

Posted in Economics, Employment, New Jersey Real Estate, Politics, Property Taxes | 68 Comments

Millennials take the market

From HousingWire: Millennials have officially entered the housing market It’s long been projected that Millennials are destined to dominate the housing market in upcoming years. Now, new data from Realtor.com reveals that it’s finally happening. Millennials are buying houses. Lots of them. According to Realtor.com, in January … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 154 Comments

Uh oh.

From the Star Ledger: N.J. revenues continue to slump, and Trump tax reforms are blamed New Jersey’s state budget is really feeling the effects of the federal tax reform hangover now. Last month, Gov. Phil Murphy’s administration warned tax revenues were … Continue reading

Posted in Economics, Employment, New Jersey Real Estate, Politics, Property Taxes | 105 Comments

Another hit to the shore

From Shorebeat: Legislators: N.J. Minimum Wage Hike A ‘Death Sentence’ for Jersey Shore Economy Shore area businesses will be forced to either raise prices, cut workers or close down entirely in the wake of the state’s proposed law that gradually increases … Continue reading

Posted in Economics, Employment, Shore Real Estate | 79 Comments

An Icon Falls

Posted in Economics, Employment | 35 Comments

Nice house, if you can afford it

From HousingWire: Redfin: Middle class buyers are being priced out of housing market Although housing inventory is increasing, affordability for the typical middle class household is retreating, according to new data from Redfin. “Homeownership is increasingly out of reach for … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 73 Comments

Thank Trump for Housing?

From Yahoo Finance: Shiller: Trump is a ‘psychological boost’ to the housing market “I describe the current boom in U.S. home prices as the third largest boom since 1890. And so it’s big, and people are starting to think that … Continue reading

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

Realtors confused … what else is new?

From CNBC: The unusually large drop in home sales has real estate agents baffled Real estate brokers are trying to figure out why sales of existing homes plunged in December. The 6.4 percent monthly move was unusually large, regardless of … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 59 Comments

NJ labor force shrinking

From ROINJ: GSI analysis: 2018 jobs report shows N.J.’s lost steam, economy falling behind Garden State Initiative has released an analysis of New Jersey’s monthly jobs report for December 2018, and in it said the economy is not moving forward … Continue reading

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

NJ nears $15

From the Star Ledger: N.J. minimum wage to rise to $15 an hour as Murphy, top Dems strike deal New Jersey’s Democratic governor and lawmakers have reached a highly anticipated agreement to raise New Jersey’s minimum wage to $15 an … Continue reading

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

Keep Manhattan, just give me that countryside

From Forbes: People First, Jobs Follow: Cause And Effect In Real Estate And Its Impact On Affordability Earlier this year, the U.S. Census Bureau shared its latest data concerning suburban population demographics from 2016 to 2017, revealing a trend that … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 48 Comments

Prices up, Rate up, Mortgages up

From HousingWire: CoreLogic: Home prices will rise in 2019 In 2018, the principal-and-interest mortgage payment on the median-priced home climbed by more than 16%, according to the latest data from CoreLogic. CoreLogic reports that although the median home price rose … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 120 Comments

Predictions 2019!

This is becoming a tradition around here, so here we go again! You know how this works, break out the crystal balls and prognosticate. Ground Rules Predictions provided should either be for June 30th, 2019 or December 31st, 2019, please … Continue reading

Posted in Demographics, Economics, Employment, Foreclosures | 94 Comments