Category Archives: Housing Recovery

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

Shaping up to be the strongest year yet?

From CBS News: House-hunting in 2017? You’ll need a fatter wallet What’s on your TV? In many middle-class homes, programs about house-hunting now compete for viewers with sporting events, cooking shows and financial advice. Americans are house-hungry. And nothing proves … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 130 Comments

Philly the reason for South Jersey’s slump?

From Philly.com: Despite vibrancy in Philly’s suburbs, home values still struggle If the massive cluster of new housing, shops, and restaurants rising in King of Prussia is any indication, the suburbs are as prosperous as ever. There, as elsewhere across … Continue reading

Posted in Economics, Housing Recovery, South Jersey Real Estate | 9 Comments

Foreclosure crisis completely behind us now?

From HousingWire: Homeowners keep getting better at paying their mortgage Consumers are steadily getting better at paying their mortgage with fewer and fewer loans moving into foreclosure, according to the Mortgage Bankers Association’s latest National Delinquency Survey. The report found … Continue reading

Posted in Economics, Foreclosures, Housing Recovery | 87 Comments

America loves houses again

From HousingWire: Realtors: Homebuyers flooded housing market in first quarter The first quarter of 2017 saw the strongest quarterly home sales pace in a decade, according to the latest quarterly report from the National Association of Realtors. This increase in … Continue reading

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

Will Trump help NJ home prices?

From the Star Ledger: The Trump Effect: What will the president mean for Bedminster real estate? Residents of Bedminster are used to getting a blank look whenever they tell people the name of their hometown, followed by a quizzical, “Where?” … Continue reading

Posted in Housing Recovery, New Jersey Real Estate | 69 Comments

Just Kidding

From CNBC: Home prices will not fully recover until 2025, and a new report explains why Check out any one of the many national home price reports, and headlines scream of new peaks and growing gains each month. Home prices … Continue reading

Posted in Housing Recovery, National Real Estate | 146 Comments

What bust?

From HousingWire: CoreLogic: Home prices continue upward trend in March Home prices, to no surprise, continued their upward trend in March, increasing both year over year and month over month, according to the Home Price Index from CoreLogic, a global … Continue reading

Posted in Housing Recovery, National Real Estate | 39 Comments

Not the best in a decade?

From HousingWire: Here’s why the housing market continues to struggle with low inventory Tight housing inventory supply could put a strain on this year’s spring home-buying season, according to the monthly Outlook released Tuesday by Freddie Mac. The low supply … Continue reading

Posted in Housing Recovery, National Real Estate, Where's the Beef? | 71 Comments

Best spring market in (almost) a decade?

From CNBC: Homes this spring are selling faster than ever Homes are flying off the shelves this spring, as demand rises and supply continues to drop. Record high prices in some local markets are not thwarting hungry buyers, as they … Continue reading

Posted in Housing Recovery, National Real Estate | 39 Comments