Category Archives: Housing Recovery

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 | 22 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

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