Category Archives: General

C19 Open Discussion Week 6

From CNBC: The New York retail real estate market is reeling because of coronavirus, as rents tumble The coronavirus pandemic is pummeling the retail real estate market in New York City, with rents tumbling and not expected to turn around anytime soon, … Continue reading

Posted in General | 337 Comments

C19 Open Discussion Week 5b

From MarketWatch: Fannie Mae: Home sales will decline by 15% in 2020 due to coronavirus, but what will happen to property prices? At the end of last year, economists expected that 2020 would be a strong year for housing. But … Continue reading

Posted in General | 253 Comments

C19 Open Discussion Week 5

From HousingWire: It may be harder to get a mortgage after coronavirus crisis ends From an economic standpoint, the main question surrounding the spread of the coronavirus is just how long the country will be shut down and just how … Continue reading

Posted in General | 292 Comments

C19 Open Discussion Week 4c

From Bloomberg: New Jersey Home Prices Head for 12% Drop on Bottom-Feeder Feast The housing market in New Jersey is about to get crushed. Home sales in the state, second only to New York in coronavirus cases, may fall as … Continue reading

Posted in General | 140 Comments

C19 Open Discussion Week 4b

From TechCrunch: Commercial real estate could be in trouble — even after this is over Commercial real estate owners, brokers, and landlords have collectively made many hundreds of billions of dollars a year in recent years as the economy zipped … Continue reading

Posted in General | 121 Comments

C19 Open Discussion Week 4

From MarketWatch: This hard truth about the mortgage markets isn’t being told Everyone wants to know what impact the coronavirus and the government response to it will have on housing markets. While it is too early to hazard a guess, … Continue reading

Posted in General | 226 Comments

C19 Open Discussion Week 3c

From Forbes: The Latest Numbers On Coronavirus’ Impact On The Residential Real Estate Market Realtor.com just released its latest numbers on COVID-19’s impact on the national residential real estate market. The data tracked is for the month of March, which not … Continue reading

Posted in General | 22 Comments

C19 Open Discussion Week 3b

From the Star Ledger: Selling or buying a home? See how coronavirus is affecting the real estate market in N.J. Real estate agents are still working, but they said many buyers and sellers are putting their plans on hold. “I … Continue reading

Posted in General | 339 Comments

C19 Open Discussion Week 3

From the Star Ledger: Trump says he may quarantine parts of N.J. in coronavirus crisis  President Donald Trump said Saturday he is considering imposing a two-week quarantine on parts of New Jersey, New York and Connecticut to stop the spread of the coronavirus. … Continue reading

Posted in General | 282 Comments

C19 Open Discussion Week 2b

Who knew we were still popular?

Posted in General | 274 Comments

C19 Open Discussion Week 2

From the Star Ledger: N.J. liquor stores deemed essential, will stay open during coronavirus shutdown With the coronavirus wreaking havoc on lives the world over, it’s fair to say that everyone is feeling more stressed than normal. Luckily, Gov. Phil Murphy’s order … Continue reading

Posted in General | 255 Comments

C19 Open Discussion Week 1

Well, at this rate, we might as well keep this going for a while. From the Record: NJ sets voluntary statewide curfew, and casinos, bars, gyms closing until further notice New Jerseyans should not leave their homes from 8 p.m. … Continue reading

Posted in General | 433 Comments

Will housing lead or follow?

From the NYT: Housing Is Already in a Slump. So It (Probably) Can’t Cause a Recession. The United States has had 11 recessions since the end of World War II. All but two were preceded by a big decline in … Continue reading

Posted in General | 138 Comments

End of Trump’s boom?

From Bloomberg: Americans Turn More Pessimistic on Economy The number of Americans expecting the U.S. economy to get worse in the next year is at its highest point since 2013, a national NBC/Wall Street Journal poll shows. … Overall, 28 … Continue reading

Posted in Economics, Employment, General, National Real Estate | 86 Comments

How do we sleep while our beds are burning?

From the WSJ: ‘My Clients Are Fleeing NJ Like It’s on Fire’ That headline arrives via email from a money manager in northern New Jersey. The Garden State already has the third largest overall tax burden and the country’s highest … Continue reading

Posted in General | 99 Comments