Category Archives: Housing Bubble

Haven’t yet returned to bubble pricing

From the Star Ledger, hat tip Yo: Only these 2 N.J. towns have fully recovered since the housing crash It’s been more than a decade since housing prices in New Jersey began a seven-year slide highlighted by the Great Recession. … Continue reading

Posted in Housing Bubble, Housing Recovery, New Jersey Real Estate | 23 Comments

June MarketNews

From the Otteau Group: June MarketNews Home sales in New Jersey increased by 2% in the month of May compared to the same month last year, recording more than 12,200 purchase contracts in a single-month, setting an all-time record. As … Continue reading

Posted in Demographics, Economics, Housing Bubble, Housing Recovery, New Jersey Real Estate | 71 Comments

Reaching the tipping point?

From CNBC: Home price gains ease in April: S&P Case-Shiller The heat appears to be coming off home prices, albeit very slightly. Nationally, values rose 6.4 percent annually in April, down from a 6.5 percent gain the previous month, according … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 161 Comments

How far can home prices go?

From CNBC: US house prices are going to rise at twice the speed of inflation and pay: Reuters poll An acute shortage of affordable homes in the United States will continue over the coming year, according to a majority of … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble | 138 Comments

Another month, another jump in prices

From MarketWatch: Home prices are still on a tear, Case-Shiller says The numbers: The S&P/Case-Shiller national index rose a seasonally adjusted 0.4% and was up 6.5% compared to a year ago in March. The 20-city index rose a seasonally adjusted … Continue reading

Posted in Housing Bubble, Housing Recovery, National Real Estate | 129 Comments

Hot or Not

From the Star Ledger: These 15 N.J. real estate markets are sizzling hot right now, spring edition 15. Hoboken Current home value: $788,190 Yearly growth: 8.16 Hoboken is a strong city for working millennials. It’s is a little younger than … Continue reading

Posted in Housing Bubble, Housing Recovery, New Jersey Real Estate | 141 Comments

The puff piece returns … oh how I missed you

Warning, make sure you’ve got your boots on, the bullshit is deep in here. From the Record: High demand will spark bidding wars for houses in North Jersey this summer Prospective home buyers can expect to go to war this … Continue reading

Posted in Housing Bubble, Humor | 169 Comments

Feeling Hot Hot Hot

From MarketWatch: Americans haven’t been this optimistic about house prices since just before the crash House prices are soaring and, despite warnings from some analysts, most Americans believe they will continue to soar. A majority of U.S. adults (64%) continue … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 75 Comments

They sound pretty smart to me

From the Times of Trenton: ‘Brazen criminals’ are taking advantage of the housing crisis Brazenness is the hallmark of con artists and nowhere is that more evident than with shameless real estate scammers who rip off unsuspecting renters and property … Continue reading

Posted in Foreclosures, Housing Bubble, New Jersey Real Estate | 248 Comments

You don’t get a house just for showing up…

From USA Today: Home buying market so brutal, some home buyers make offer sight unseen This spring home-buying season should be a coming-out party for Millennials, many of whom are finally ready to make a purchase after hunkering down for … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 98 Comments

I think I can I think I can

From Bloomberg: U.S. Home Prices Rise Almost 9%, the Biggest Gain in Four Years Home prices in the U.S. surged 8.8 percent in February — the biggest gain in four years — as buyers battled for an increasingly scarce resource: … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 139 Comments

I say flip it, flip it good

From Bloomberg: Home Flippers Pile Into the U.S. Market, Scoring Higher Profits Property investors were bullish on the U.S. housing market in 2017, flipping more homes than in any year since 2006, when the real estate bubble that helped upend … Continue reading

Posted in Economics, Housing Bubble, National Real Estate | 137 Comments

Recovered or back to a bubble?

From HousingWire: CoreLogic: Housing market nearly recovered from recession CoreLogic, a global property information, analytics and data-enabled solutions provider, released a report outlining the real estate economy from 2006 to 2017, showing that the housing market has nearly completely recovered … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 105 Comments

Top? Anywhere? Anyone see a top?

From CNBC: Home prices surge 6.3% in December amid critical housing shortage Sky-high demand and record-low supply continued to push home prices higher in December, far faster than income growth. U.S. home prices increased 6.3 percent compared with December 2016, … Continue reading

Posted in Housing Bubble, Housing Recovery, National Real Estate | 103 Comments

If we learned anything during the last bubble, it’s that this is a sign of a bubble

From Builder Magazine: HOMES NEAR ENVIRONMENTAL HAZARDS SHOW STRONG PRICE APPRECIATION ATTOM Data Solutions today released its 2017 Environmental Hazards Housing Risk Index, which shows that median home prices in U.S. zip codes in the highest 20% for environmental hazard … Continue reading

Posted in Housing Bubble, National Real Estate | 133 Comments