Category Archives: Housing Recovery

No recession without housing?

Posted on November 28, 2019 by grim

Home price gains accelerate in September, S&P Case-Shiller Index says Sales of new U.S. single-family homes unexpectedly fell in October following recent strong gains, but the overall housing market remains supported by lower mortgage rates. After shrinking for much of … Continue reading →

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

No housing crisis yet…

Posted on November 23, 2019 by grim

From MarketWatch: Existing-home sales rebound 1.9% in October as low mortgage rates continue to provide a lift Sales of previously-owned homes rose 1.9% in October — the latest housing statistic to demonstrate the upward lift low mortgage rates have provided … Continue reading →

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

Pay up suckers

Posted on November 11, 2019 by grim

From HousingWire: Are homes under $250,000 nearing extinction? A recent report by economic research consultancy Capital Economics shared a stunning statistic: The number of vacant single-family homes for sale priced under $250,000 has halved since 2012. According to the report, at the … Continue reading →

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 157 Comments

So Much For Reurbanization

Posted on November 6, 2019 by grim

From Forbes: Millennials With Families Are Leaving Major Cities For The Suburbs, Transforming Them Into ‘Hipsturbia’  Just as their parents flocked to the suburbs, city-loving Millennials are doing the same yet transitioning some areas to “Hipsturbia,” a phrase revealed in … Continue reading →

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

Will they buy?

Posted on November 3, 2019 by grim

From HousingWire: The homebuyers are coming. The homebuyers are coming A flood of first-time homebuyers is about to hit the market over the next three years, according to newly released analysis from TransUnion.  TransUnion is currently projecting that at least 8.3 … Continue reading →

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 83 Comments

Slay the Zombies

Posted on November 1, 2019 by grim

From HousingWire: ATTOM: Zombie foreclosures are ticking down The amount of vacant homes in the U.S. continues to sit at a lull, slowly ticking down, according to a new data set from ATTOM Data Solutions.  In the fourth quarter of 2019, … Continue reading →

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

August Case Shiller

Posted on October 30, 2019 by grim

From CNBC: Home price gains heat up in August but slow in major markets, S&P Case-Shiller index says Home prices are heating up again on a national level, but some of the largest cities are lagging. That may be due … Continue reading →

Posted in Demographics, Economics, Housing Bubble, Housing Recovery, National Real Estate | 65 Comments

Great market! Everywhere but here.

Posted on October 26, 2019 by grim

From Forbes: Home Prices Jump In 95% Of Cities, Reaching Record High  Home prices have hit a new high. According to stats from ATTOM Data Solutions, median home prices jumped 2.9% over the third quarter of 2019 and 8.2% since … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate, New Jersey Real Estate | 26 Comments

Mortgage company CEO wants tax break so he can write more mortgages

Posted on October 14, 2019 by grim

From Marketwatch: Opinion: This tax break for first-time home buyers could keep the housing market afloat It’s not easy being a home buyer these days. U.S. home prices are high, housing inventory is low, and consumer sentiment is wobbling. A federal … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, Mortgages, National Real Estate | 101 Comments

Housing optimism dips, but still very high

Posted on October 8, 2019 by grim

From Yahoo Finance: US housing market optimism slides Optimism about the U.S. housing market may have peaked after hitting its all-time high in August, according to a measure of consumer sentiment. The Fannie Mae Home Purchase Sentiment Index slid 2.3 points … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 84 Comments

Nobody wants to sell?

Posted on September 24, 2019 by grim

From HousingWire: U.S. housing market experiences largest inventory decline since last year In August, America’s home sales slid 1.6%, marking the sixth month of 2019 that produced fewer sales than the previous year, according to the RE/MAX National Housing Report. RE/MAX reports … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate | 56 Comments

June Case Shiller

Posted on August 30, 2019 by grim

From Inman: Home price gains continue to slow down in June: Case-Shiller Annual home price gains continued to slow in June, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, released Tuesday. Home prices, on average, achieved an … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 58 Comments

Home prices pick up speed

Posted on July 3, 2019 by grim

From HousingWire: Annual home-price growth reverses course, finally rises After 14 months of slowing home-price gains, the pace of growth finally picked up speed in May, increasing by 3.6% on an annual basis, according to the latest from CoreLogic. And, it … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 32 Comments

We go down now?

Posted on June 3, 2019 by grim

From Fortune: Average Home Values See First Monthly Drop in 7 Years In uncertain times, rising housing values have been one thing keeping our collective spirits up. But, as they say, nothing increases forever, and the U.S. real estate market … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, Housing Recovery, National Real Estate | 86 Comments

Has Asbury made it?

Posted on May 21, 2019 by grim

From the NYT: Asbury Park, N.J.: A Seaside Community Reborn Carolyn Curtin moved to Asbury Park in 2002 and fell in love with a late Victorian house with a falling-down porch and heaven knows what other problems. She knew nothing … Continue reading →

Posted in Economics, Housing Recovery, New Development, Shore Real Estate | 156 Comments