Category Archives: Housing Recovery

Has Asbury made it?

From the NYT: Asbury Park, N.J.: A Seaside Community Reborn Carolyn Curtin moved to Asbury Park in 2002 and fell in love with a late Victorian house with a falling-down porch and heaven knows what other problems. She knew nothing … Continue reading

Posted in Economics, Housing Recovery, New Development, Shore Real Estate | 3 Comments

Where prices are going up in NJ. It’s not where you think.

From the Star Ledger: The town in each county where home values are increasing most  Get these homes while they’re hot — and in some cases — still cheap. We’ve looked at the hottest markets in New Jersey — the places that … Continue reading

Posted in Economics, Housing Recovery, New Jersey Real Estate | 120 Comments

Pending Sales Dip

From CNBC: Pending sales fall in February Pending home sales drop 1% in February, despite lower mortgage rates Homebuyers signed 1 percent fewer contracts to buy existing homes in February compared with January, according to the National Association of Realtors’ … Continue reading

Posted in Economics, Housing Recovery, National Real Estate | 88 Comments

Going up again?

From CNBC: Home prices could be on the verge of heating up again, according to CoreLogic Home prices in January rose at the slowest pace in nearly seven years, but buyers shouldn’t feel too confident just yet. Prices might be … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 171 Comments

National home prices continue to soften

From CNBC: Home prices rise at a slower pace: S&P Case-Shiller Home values increased 5.2 percent annually in November, slowing from 5.3 percent in October, according to the widely watched S&P CoreLogic Case-Shiller National Home Price Index. The 10-city composite … Continue reading

Posted in Economics, Housing Recovery, National Real Estate | 70 Comments

Nice house, if you can afford it

From HousingWire: Redfin: Middle class buyers are being priced out of housing market Although housing inventory is increasing, affordability for the typical middle class household is retreating, according to new data from Redfin. “Homeownership is increasingly out of reach for … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 73 Comments

Thank Trump for Housing?

From Yahoo Finance: Shiller: Trump is a ‘psychological boost’ to the housing market “I describe the current boom in U.S. home prices as the third largest boom since 1890. And so it’s big, and people are starting to think that … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 92 Comments

Pending sales fall again, 11th consecutive month

From CNBC: Pending home sales fall unexpectedly in November Contracts to buy previously owned homes fell unexpectedly in November, the National Association of Realtors said on Friday, the latest sign of weakness in the U.S. housing market. The NAR’s pending … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 27 Comments

Gains continue to moderate

From MarketWatch: U.S. home-price gains keep slowing as higher rates scare off buyers, Case-Shiller shows The S&P/Case-Shiller 20-city index rose a seasonally adjusted 0.4% in October but in a clear sign of the housing market’s recent struggles the increase in … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 51 Comments

Flippers pulling out

From the Washington Post: Home flipping takes a hit In yet another sign of a slowdown in the national housing market, the number of homes that were flipped — sold within one year of purchase — declined by 12 percent … Continue reading

Posted in Economics, Housing Recovery, National Real Estate | 38 Comments

It’s different now, or is it a different kind of bubble now?

From Bloomberg: Trouble in Housing? It’s More 1994 Than 2007 Housing market softness in the back half of 2018 has investors and the public wondering how bad things might get. It’s understandable that people would be worried, considering that the … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 12 Comments

The middle class was an anomaly

Great read from Ritholtz at Bloomberg: Why America Has a Two-Track Economy Which of these two scenarios describes the U.S. economy? No. 1. The economy is better than ever: The stock market is near a record high, wages are rising, … Continue reading

Posted in Economics, Employment, Housing Recovery, National Real Estate | 125 Comments

Ah hell, they went and said it…

From MarketWatch: Home-price gains decelerate to 11-month low as housing market tries for a soft landing The numbers: The S&P CoreLogic Case-Shiller 20-city index rose 0.1%, seasonally adjusted, in July, and was up 5.9% compared with a year ago. What … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 94 Comments

Existing home sales flat in August, prices up, inventory up slightly

From HousingWire: Existing home sales held steady in August After falling for four consecutive months, existing home sales held its ground in August, according to the latest report from the National Association of Realtors. Total existing home sales, completed transactions … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 57 Comments

Everything is holding housing back

From MarketWatch: This is why Americans are losing confidence in the housing market Today, less people are buying houses. According to Fannie Mae, a mere 24% of Americans feel like now is a good time to buy a house. Looking … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery, Mortgages, National Real Estate | 37 Comments