Category Archives: Housing Recovery

The Big Slow

From the Philly Inquirer: Is Philly’s housing market still hot? As buyers grow nervous and tired, home prices are slowing Even before she and her husband started seriously house-hunting for their first home, Nicole Benson Paul had heard the stories … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 128 Comments

May Case Shiller

From HousingWire: Case-Shiller: Home prices rising at least twice the rate of inflation To absolutely no one’s surprise, home prices increased once again in May, and even showed double-digit gains in some markets on the West Coast, and increasing at … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 99 Comments

Uh Oh

From CNBC: Existing home sales fall for third straight month U.S. home sales fell for a third straight month in June as a persistent shortage of properties on the market pushed up house prices to a record high, likely sidelining … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 128 Comments

Here comes the bubble? Or still too early?

From CNBC: The housing shortage may be turning, warning of a price bubble The most competitive, tightest housing market in decades may finally be loosening its grip, and that could put pressure on overheated home prices. The supply of homes … Continue reading

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

Haven’t yet returned to bubble pricing

From the Star Ledger, hat tip Yo: Only these 2 N.J. towns have fully recovered since the housing crash It’s been more than a decade since housing prices in New Jersey began a seven-year slide highlighted by the Great Recession. … Continue reading

Posted in Housing Bubble, Housing Recovery, New Jersey Real Estate | 23 Comments

It’s a great time to stay put

From CNBC: Home prices make the biggest jump in four years It is a seller’s market, undeniably. The supply of homes for sale is low, demand is high, and now prices are heating up even more. But sellers today see … Continue reading

Posted in Demographics, Economics, Housing Recovery, Mortgages, National Real Estate | 95 Comments

June MarketNews

From the Otteau Group: June MarketNews Home sales in New Jersey increased by 2% in the month of May compared to the same month last year, recording more than 12,200 purchase contracts in a single-month, setting an all-time record. As … Continue reading

Posted in Demographics, Economics, Housing Bubble, Housing Recovery, New Jersey Real Estate | 71 Comments

Reaching the tipping point?

From CNBC: Home price gains ease in April: S&P Case-Shiller The heat appears to be coming off home prices, albeit very slightly. Nationally, values rose 6.4 percent annually in April, down from a 6.5 percent gain the previous month, according … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 161 Comments

Housing market got it’s swimmies back

From CNBC: US homeowners gained $1 trillion in the last year as their housing values jumped Fast-rising home prices may be a roadblock for buyers, but they are putting some homeowners on Easy Street. As home prices rise, so does … Continue reading

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

Another Strong Spring Market

From the Otteau Group: MarketNEWS May 31, 2018 Edition NJ YTD Purchase Contracts Back Up After home sales recorded a 6% retraction in March, New Jersey recorded more than 11,000 purchase contracts during the month of April equating to a … Continue reading

Posted in Demographics, Economics, Employment, Foreclosures, Housing Recovery, New Jersey Real Estate | 137 Comments

Another month, another jump in prices

From MarketWatch: Home prices are still on a tear, Case-Shiller says The numbers: The S&P/Case-Shiller national index rose a seasonally adjusted 0.4% and was up 6.5% compared to a year ago in March. The 20-city index rose a seasonally adjusted … Continue reading

Posted in Housing Bubble, Housing Recovery, National Real Estate | 129 Comments

Hot or Not

From the Star Ledger: These 15 N.J. real estate markets are sizzling hot right now, spring edition 15. Hoboken Current home value: $788,190 Yearly growth: 8.16 Hoboken is a strong city for working millennials. It’s is a little younger than … Continue reading

Posted in Housing Bubble, Housing Recovery, New Jersey Real Estate | 141 Comments

“This time it’s different”

Podcast from NPR: Rising Home Prices Lead To Worries Of Another Housing Market Bubble GOLDING: Is the area affordable? The bubbles are when you’re getting away from the fundamentals – when the demand is sort of outstripping the supply, but … Continue reading

Posted in Housing Recovery, National Real Estate | 120 Comments

How high can it go?

From CNBC: March home prices make their biggest jump in 4 years—and half of the biggest housing markets are now overvalued Home prices have been rising steadily since the recession, but the gains are suddenly accelerating as spring demand heats … Continue reading

Posted in Economics, Employment, Housing Recovery, National Real Estate | 96 Comments

Good times on Long Island

From CBS NY: Long Island Housing Market Making A Serious Comeback Bidding wars, competition among buyers and low inventory are driving up demand for homes. And right now in our region the biggest rush for houses is on Long Island. … Continue reading

Posted in Housing Recovery, National Real Estate, NYC | 80 Comments