Category Archives: Housing Recovery

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

Going to be a good year for NJ real estate

From the Otteau Group: NJ Home Sales Showing More Balance In February, the number of contract purchases by home buyers exceeded the same month in the prior year for the 30th consecutive month, reflecting an 8% increase over February 2016. … Continue reading

Posted in Economics, Housing Recovery, New Jersey Real Estate | 78 Comments

Annual home prices accelerating … with rates higher?

From MarketWatch: Home prices accelerating in the face of rising mortgage rates U.S. house prices rose at an accelerated pace in December, a sign that higher mortgage rates aren’t yet diminishing outsize demand for properties. Data provider CoreLogic said its … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 146 Comments

What bubble? What bust?

From the WSJ: Home Price Growth Showed No Signs of Slowing in November, Case-Shiller Says Home prices climbed strongly in November, as price growth showed no signs of slowing even after mortgage rates began to tick up during the month. … Continue reading

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

Luring millennials with sushi

From the WSJ: Suburban Offices Woo Millennials With Food, Fitness and Fun Suburban landlords trying to compete with sleek urban office settings are finding new ways to step up their game. Property owners in New York’s suburbs are investing heavily … Continue reading

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

A Trump Housing Market

From the WSJ: Trump Win Makes It Tricky to Foresee Path of Housing Market Before the presidential election, economists anticipated the housing market would continue its steady recovery in 2017. Growth in home prices and sales likely would slow after … Continue reading

Posted in Economics, Housing Recovery, National Real Estate, Politics | 39 Comments

Fewer and fewer underwater owners

From National Mortgage News: Homeowner’s Equity Rises 11% from 2015 Levels: CoreLogic The amount of equity homeowners hold grew by $726 billion, or 10.8%, in the third quarter of 2016 versus the year before, according to data from CoreLogic. On … Continue reading

Posted in Economics, Housing Recovery, Mortgages, National Real Estate | 33 Comments

What bust?

What now, shut down the blog? From the WSJ: Home Prices Recover Ground Lost During Bust U.S. home prices have climbed back above the record reached more than a decade ago, bringing to a close the worst period for the … Continue reading

Posted in Housing Bubble, Housing Recovery, National Real Estate | 90 Comments

Yes, if only America didn’t hate small homes

From the LA Times: Op-Ed Could micro-apartments solve the affordable housing crisis? Cities across America are facing a devastating housing affordability crisis. One obvious potential solution is micro-units. Adding density without affecting the skyline, they offer housing at a lower … Continue reading

Posted in Demographics, Economics, Housing Recovery | 57 Comments

Tiny Houses? Yeah Right.

From Fox News: Why the Recession Brought So Many Supersized Homes to the U.S. Market Since the Great Recession, more new homes have been selling at what we’d call the extra-large size: 4,000 square feet or bigger. Given that many … Continue reading

Posted in Housing Recovery, National Real Estate, New Development | 44 Comments

Ritholtz: “Many people should buy a home”

From Ritholtz over at Bloomberg View: Still a Lot of Negativity on Housing There has been a steady drumbeat of negativity about housing ever since the residential real-estate market crashed. While there are some signs of recovery, psychological damage persists. … Continue reading

Posted in Housing Recovery, National Real Estate | 68 Comments

New Home Sales at 9 Year High

From the WSJ: U.S. New Home Sales Rise to Highest Level Since 2007 Sales of newly built homes rose in July to the highest level in nearly a decade, a sign of solid momentum in the U.S. housing market. Purchases … Continue reading

Posted in Economics, Employment, Housing Recovery, National Real Estate | 196 Comments

Newark Rising?

From the NYT: In Newark, a New Chapter Unfolding In Newark’s Central Ward, not far from the site of the 1967 riots, a market-rate rental building opened earlier this year with 152 apartments and its name, 24 Jones, emblazoned in … Continue reading

Posted in Demographics, Economics, Housing Recovery, New Jersey Real Estate | 79 Comments

Don’t count the middle class out yet

From the NYT: Middle-Income Jobs Finally Show Signs of a Rebound The American economy is finally creating more middle-income jobs, according to a new analysis released Thursday by the Federal Reserve Bank of New York, in a turnabout from the … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery, New Jersey Real Estate, NYC | 41 Comments