Category Archives: General

Waiting it out

From MSN/Money: After a Year of High Prices, Homebuyers Are Burned Out Alexandra Lashner and her husband have been saving for a home since they got married in 2018. Their plan was to buy in the Philadelphia area this year, … Continue reading

Posted in General | 113 Comments

Rents skyrocketing

From Bloomberg: Soaring U.S. Rents Are the Sticky Inflation With Staying Power The cost of renting a home is soaring in cities across the U.S., squeezing the finances of low-income households and posing a threat to the consensus that pandemic … Continue reading

Posted in General | 173 Comments

What’s normal?

From the NYT: Manhattan Real Estate Finally Bounces Back to Normal As vaccination levels rise and businesses reopen, residential real estate has finally bounced back to where it was before Covid devastated New York. In Manhattan this spring, the number … Continue reading

Posted in General | 19 Comments

Sorry, sold out.

From Bloomberg: Suburban NYC Housing Frenzy Slows With Buyers Showing Fatigue Contracts to buy suburban New York homes have scaled back from their frenzied pace at the height of the pandemic. That doesn’t mean buyers have lost interest in acquiring … Continue reading

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Race to the 4th

Updated Vaccination by Age Range for NJ:6/22 vs 6/30 At Least 1 DoseTotal Pop: 9.2mTotal 1st Doses: 5.4m – 59% of total pop (Up from 58%) – Bloomberg reporting 62.8% 12-15 – 450k population – 162k dosed – 36% 1 … Continue reading

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Up Up and Away

From the WSJ: U.S. Home-Price Growth Rose to Record in April U.S. home prices surged at their fastest pace ever in April as buyers competing for a limited number of homes on the market pushed the booming housing market to … Continue reading

Posted in General | 135 Comments

New life for NJ’s suburban office parks?

From AllWork: UK WORKERS WANT TO RETURN TO OFFICES OUTSIDE OF THE CITY A new survey from Clockwise has found that the majority of Gen Z workers may prefer to work in an office. This revelation comes as the UK government … Continue reading

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Greenwood Lake now hip

From the Star Ledger: Ad-Rock of Beastie Boys, Kathleen Hanna selling lakefront N.J. home, party boat for $975K No sleep till … Jersey? Adam Horovitz, aka Ad-Rock from the Beastie Boys, and riot grrrl singer Kathleen Hanna from the bands … Continue reading

Posted in General | 135 Comments

So, here we are again…

From the Record: ‘A seller’s market’: Here’s where home prices are soaring in NJ even as the pandemic fades On the hunt for a home last summer, Priscilla Gabela and her husband, Antonio Aluotto, gave up after a month. Bidding … Continue reading

Posted in General | 51 Comments

Frenzy!

From CNN: The housing market is on fire. The Fed keeps adding gasoline Bidding wars. All-cash offers. Homes selling for $1 million over asking. The housing boom has officially reached the ridiculous stage. Despite surging home prices that are rising at the fastest pace on … Continue reading

Posted in General | 123 Comments

When will the jobs come back?

From NJ101.5: NJ adds 13,600 jobs in May – but still down 314,000 in pandemic New Jersey’s economy added 13,600 jobs in May but still hasn’t recovered 44% of the jobs that disappeared last March and April when pandemic-related shutdowns … Continue reading

Posted in General | 104 Comments

Race to 70%

Updated Vaccination by Age Range for NJ:6/8 vs 6/14 At Least 1 DoseTotal Pop: 9.2m Total 1st Doses: 5.1m – 55% of total pop (Up from 54%) – Bloomberg reporting 62.6% 12-15 – 450k population – 102k dosed – 23% 1 … Continue reading

Posted in General | 305 Comments

What money?

From News 12: NJ has billions of extra revenue; Republicans accuse Murphy administration of keeping them in the dark After years of scrounging for funding at budget time, New Jersey lawmakers say that the state now has more money than … Continue reading

Posted in General | 159 Comments

Updated Vax Track

Updated Vaccination by Age Range for NJ:5/13 vs 6/8 At Least 1 DoseTotal Pop: 9.2m Total 1st Doses: 5m – 54% of total pop (Up from 49%) – Bloomberg reporting 61.5% 12-15 – 450k population – 100k dosed – 22% 1 … Continue reading

Posted in General | 251 Comments

Herd immunity out of reach?

From the Star Ledger: If almost 20% of N.J. adults don’t get vaccinated, will the state achieve herd immunity? In a Rutgers-Eagleton poll released Thursday, 17% of New Jersey adults said they will not get the COVID vaccine. Nearly half of all parents polled said … Continue reading

Posted in General | 152 Comments