Category Archives: Housing Recovery

Net net … nothing?

From the Washington Post: Predictions of a crash in housing prices have not come true Were fears overblown that changes to the federal tax law would trigger plunging home values? You might recall the scary predictions that began coming last … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery, Politics | 211 Comments

Case Shiller up 6.4% yoy

From HousingWire:

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 77 Comments

Yeah yeah, be priced out forever, we’ve heard that before.

From Forbes: 2018’s Housing Market Looks Good Unless You’re A First-Time Millennial Buyer The nation’s housing market for 2018 continues to look good, according to two recently released reports. But first-time millennial buyers will continue to struggle with affordability, especially … Continue reading

Posted in Demographics, Economics, Housing Bubble, Housing Recovery, National Real Estate | 112 Comments

37% of large metros now overvalued

From HousingWire: CoreLogic: Home prices jump 7% annually in November CoreLogic’s HPI showed home prices increased 7% from November 2016 to November 2017 and jumped 1% from October to November. But these home price increases are expected to slow into … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 167 Comments

Up up and away

From CNBC: US home prices surged 6.2% from a year ago U.S. home prices climbed a robust 6.2 percent from a year ago, amid strong demand from would-be buyers and a shrinking supply of properties for sale. Standard & Poor’s … Continue reading

Posted in Economics, Housing Recovery, National Real Estate | 15 Comments

Existing home sales hit 11 year high

From HousingWire: Existing home sales surge past decade high Existing home sales increased for the third straight month to their highest point in more than a decade, according to the latest report from the National Association of Realtors. Total existing … Continue reading

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 102 Comments

Great time to buy a house … again

From Bloomberg: Housing Market’s Comeback Is Poised to Accelerate Housing was the epicenter of the last recession. From the peak in 2005 to the end of the contraction in mid-2009, U.S. residential investment declined at an unprecedented rate of about … Continue reading

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 78 Comments

Still truckin’

From CNBC: US existing home sales increase more than expected U.S. home sales increased more than expected in October as hurricane-related disruptions dissipated, but a chronic shortage of houses which is pushing prices beyond the reach of some first-time buyers … Continue reading

Posted in Housing Recovery, National Real Estate | 24 Comments

NJ Republicans vote to increase your taxes

From the Star Ledger: Senate Republicans just declared they want to kill your property tax deduction, New Jersey Senate Republicans just voted in favor of killing your property tax deduction, New Jersey. The GOP senators, whose states received $223 billion … Continue reading

Posted in Housing Recovery, New Jersey Real Estate, Property Taxes | 116 Comments

July home sales beat expectations

From CNBC: Case-Shiller home price index rises 5.9%, beating expectations The S&P CoreLogic Case-Shiller home price index rose 5.9 percent in July compared a year ago, better than the 5.7 percent expected by economists polled by Reuters. The rise was … Continue reading

Posted in Economics, Housing Recovery, National Real Estate | 123 Comments

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 | 141 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