Category Archives: Housing Recovery

Plenty of room to run?

From CNBC: The housing recovery isn’t over, it just feels like it is A slew of negative housing numbers for July are piling up on top of a slew of negative housing numbers from the last several months. Sales of … Continue reading

Posted in Demographics, Economics, Employment, Foreclosures, Housing Recovery, National Real Estate | 50 Comments

The new “rate lock”

From HousingWire: Goodbye refi: Rising interest rates all but erase refinance demand While mortgage interest rates dipped ever so slightly in the last week, they’ve been trending up for the majority of this year. In fact, the interest rate on … Continue reading

Posted in Housing Recovery, Mortgages, National Real Estate | 53 Comments

Owners staying put is causing the inventory crunch

From HousingWire: First-time homebuyers dominate mortgage market First-time homebuyers may be facing rising affordability issues, but they are still outpacing the share of repeat buyers in the housing market, according to the latest report from the Urban Institute. This is … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 28 Comments

Hottest markets?

God, I feel that the Ledger should just give up on the stupid “top 10 list” format, I feel like I’m getting sucked into a social media marketing promotion by taking the clickbait. I’ll be the sucker and save you … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, New Jersey Real Estate | 39 Comments

Not sure I believe the analysis here

From the Star Ledger: The death of N.J.’s suburbs might be a total myth. Even the experts are surprised Want to be on the cutting edge of the hot new trend in housing? It may be time to take a … Continue reading

Posted in Demographics, Housing Recovery, New Jersey Real Estate | 96 Comments

Will the pause continue?

Great piece from Citylab this morning: This Housing Price Spike Is Different Housing prices are cooking. Across the nation, the price of homes is rising faster than the rate of inflation—in some places by a factor of three. That’s true … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, Housing Recovery | 129 Comments

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