Category Archives: National Real Estate

Median price hits new high (but not everywhere)

Posted on July 18, 2019 by grim

From HousingWire: Median home price climbs to all-time high The median price of single-family homes in the U.S. has climbed to a record high, reaching $266,000 in the second quarter. That’s up 10.8% from the previous quarter and up 6.4% … Continue reading →

Posted in Economics, National Real Estate | 45 Comments

Most stable market in…forever?

Posted on July 15, 2019 by grim

From CNBC: Housing-market distress is at its lowest in at least 20 years — can it hold?  In the aftermath of the housing crisis, lenders and regulators clamped down hard to make sure we’d never have another bubble like the … Continue reading →

Posted in Demographics, Economics, Employment, Foreclosures, National Real Estate | 98 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

The first cracks?

Posted on June 29, 2019 by grim

From Curbed: SF home prices drop, still unaffordable for all On Thursday, Orange County-based data firm Core Logic reported that the median home price in San Francisco is down year over year, dropping four percent in May. Earlier this year, … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 31 Comments

May contracts tick higher

Posted on June 28, 2019 by grim

From MarketWatch: Pending home sales roar higher, but the housing market is still in low gear Pending home sales jumped by a seasonally adjusted 1.1% in May but were 0.7% lower than a year ago, the National Association of Realtors said … Continue reading →

Posted in Economics, National Real Estate | 30 Comments

Blame the Boomers

Posted on June 25, 2019 by grim

From The Atlantic: The Boomers Ruined Everything The Baby Boomers ruined America. That sounds like a hyperbolic claim, but it’s one way to state what I found as I tried to solve a riddle. American society is going through a … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 139 Comments

Blame Millennials? For what?

Posted on June 22, 2019 by grim

From the Guardian: Like it or not, ‘Generation Snowflake’ has got a raw deal The idea of generational conflict has come to prominence in the last few years, but few seem to agree on its shape and causes. Public discussion … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 137 Comments

Flipping will never die

Posted on June 10, 2019 by grim

From MarketWatch: Home flipping rate hits 9-year high — and that could foretell troubles in the housing market Home-flipping has rebounded by one key measure. But that’s doesn’t make it an easy path toward becoming rich. Just over 49,000 single-family … Continue reading →

Posted in Economics, Employment, National Real Estate, New Development | 34 Comments

All eyes on jobs

Posted on June 7, 2019 by grim

From CNBC: The May jobs report is coming and economic reports don’t get much more important than this one The economy was expected to have added a solid 180,000 jobs in May, but if the payroll number is much stronger … Continue reading →

Posted in Economics, Employment, National Real Estate | 81 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

Millennials jump in?

Posted on May 30, 2019 by grim

From CNBC: Many millennials say buying a home may finally be within reach Samantha Suckno says knew she wanted to start to build a life with her soon-to-be husband in a home they owned. So she and her fiance, Jason … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Jersey Real Estate | 143 Comments

Grass is greener, taxes are lower

Posted on May 9, 2019 by grim

From Fox Business: Florida-based ‘Unhappy New Yorkers’ campaign targets fed-up taxpayers Tens of thousands of New Yorkers are leaving the high-tax state and moving to Florida, a trend local real estate developers are looking to capitalize on. Armando Codina, executive chairman of Miami real … Continue reading →

Posted in Demographics, Economics, National Real Estate | 108 Comments

How In Living Color predicted the future.

Posted on May 8, 2019 by grim

From CNBC: How the hustle and gig economy is choking the middle class For Emmanus Stephen, an Uber driver from Asbury Park, New Jersey, earning enough to pay the bills means strategizing carefully about where he will work each day. … Continue reading →

Posted in Demographics, Economics, National Real Estate | 101 Comments

Look back at taxes

Posted on April 26, 2019 by grim

From CNBC: The IRS stats are in: Here’s how tax refunds look compared to last year The final stats are in from the IRS — and it looks like the average tax refund check isn’t all that different from last year. The … Continue reading →

Posted in Economics, National Real Estate, Politics, Property Taxes | 70 Comments

Uneven recovery or catch up?

Posted on April 25, 2019 by grim

From CNBC: Uneven housing recovery persists, with some markets still behind their pre-recession peak With the U.S housing bubble far in the rearview mirror, home prices in most places have passed their pre-recession peak. In other spots, though, it’s a … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Development | 54 Comments