Category Archives: Housing Recovery

Choking the market

From MarketWatch: Existing-home sales fall in August for the fourth time in five months Existing-home sales in August dropped for the fourth time in five months as real-estate agents continue to blame a lack of available homes to buy. The … Continue reading

Posted in Housing Bubble, Housing Recovery, National Real Estate | 7 Comments

The New Weehawken

From the Star Ledger: How the hottest real estate market in N.J. literally divided this tiny town Seemingly everyone knew this tiny cliffside town — all 1.4-square miles of it — would one day become a dynamic real estate market. … Continue reading

Posted in Gold Coast, Housing Recovery, New Development | 254 Comments

Dynamics right for a bubble? Or is it different this time?

From the NY Post: Are we headed for another housing collapse? One decade after the biggest housing collapse in America’s history led to a global recession, could we be facing another crisis? “Not happening,” says Burns, adding that the 2007 … Continue reading

Posted in Housing Bubble, Housing Recovery, National Real Estate | 132 Comments

Pending sales now down 4 out of 5 months

From HousingWire: Pending home sales decrease slightly in July Pending home sales dropped slightly in July, marking the fourth decrease in the past five months, according to the latest Pending Home Sales Index report from the National Association of Realtors. … Continue reading

Posted in Housing Recovery, National Real Estate | 56 Comments

Philly burbs on the verge of recovery?

From the Philly Inquirer: Suburbs boast best real estate market since recession, but don’t get too excited yet In a suburban real estate market described for years as sluggish, it might seem as if, finally, the region is experiencing the … Continue reading

Posted in Housing Recovery, Philly, South Jersey Real Estate | 32 Comments

Sellers at the high end get real … and sell

From CNBC: Luxury home prices soar as sellers come back down to earth The slump in the swankiest sector of the housing market appears to be over, and, ironically, it may be due to a dose of reality among sellers. … Continue reading

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 54 Comments

Housing continuing to recover as investors step aside

From Bloomberg: Gain in U.S. Pending Home Sales Shows Market Is Stabilizing A rebound in contract signings for the purchase of previously owned U.S. homes shows housing demand is stabilizing after a three-month downturn, National Association of Realtors figures released … Continue reading

Posted in Economics, Housing Recovery, National Real Estate | 79 Comments

Good Times on Wall Street

From Bloomberg: Hamptons Home Prices Soar to Record $1.07 Million The stock market is up. Must be time to splurge on a mansion in the Hamptons. Buyers in the Long Island resort towns opted for more-expensive properties in the second … Continue reading

Posted in Economics, Housing Recovery, NYC | 83 Comments

Millennials increase homebuying

From HousingWire: Millennials drive up homeownership rate in Q2 The national homeownership rate increased slightly from last year, but was not statistically different from last quarter, according to the latest release from the U.S. Census Bureau. The homeownership rate in … Continue reading

Posted in Housing Recovery, National Real Estate | 93 Comments

Philly best local showing in the last decade

From the Philly Business Journal: Philadelphia posts solid, post-recession gain in home values Since the real estate bubble burst during the Great Recession of 2007-2009, housing markets across the country have struggled to regain their footing. Philadelphia and its Pennsylvania … Continue reading

Posted in Economics, Housing Recovery | 28 Comments

Prices up in Westchester and the Lower Hudson Valley

From LoHud: Home prices in region rise as inventory drops, report finds Prices of single-family homes rose throughout the Lower Hudson Valley region in the second quarter, with the number of homes available for sale continuing to dwindle, according to … Continue reading

Posted in Demographics, Economics, Housing Recovery | 61 Comments

No slow down in May

From CoreLogic: CoreLogic US Home Price Report Shows Prices Up 6.6 Percent in May 2017 CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its CoreLogic Home Price Index (HPI™) and HPI Forecast™ for … Continue reading

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 41 Comments

Say it ain’t so

From the Washington Post: The McMansion, ultimate symbol of the pre-recession boom, is back If there’s anything that typifies the boom times before the Great Recession, it is the McMansion. These sprawling houses proliferated around the country in the 2000s, … Continue reading

Posted in Economics, Housing Recovery, National Real Estate, New Development | 67 Comments

May EHS exceeds expectations

From CNBC: Existing home sales hit 5.62 million units in May, vs. expectations of 5.57 million U.S. home resales unexpectedly rose in May to the third highest monthly level in a decade and a chronic inventory shortage pushed the median … Continue reading

Posted in Economics, Housing Recovery, National Real Estate | 75 Comments

It’s a good time to sell, but don’t.

From HousingWire: Capital Economics: A seller’s market won’t cure inventory shortages It’s finally a seller’s market, but according to a new Capital Economics report, the increased selling sentiment doesn’t guarantee a boost in much-needed housing inventory. Fannie Mae’s most recent … Continue reading

Posted in Economics, Housing Recovery, National Real Estate | 49 Comments