Category Archives: National Real Estate

Snow Day Jobs Day!

From Bloomberg: U.S. Added Fewer Jobs Than Expected in December U.S. payroll gains slowed by more than forecast in December, wages picked up slightly and the jobless rate held at the lowest level since 2000, adding to signs of a … Continue reading

Posted in Economics, Employment, National Real Estate | 182 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

Hey Murphy – want to stick it to Trump?

From Bloomberg: These Are the Tricks States May Use to Get Around the SALT Deduction Exploiting tax loopholes is a sport associated with rich people and their fancy accountants. State governments may have to start getting fancy, too. Republican Senate … Continue reading

Posted in National Real Estate, New Jersey Real Estate, Politics, Property Taxes | 185 Comments

“No one gets creamed more than New Jersey from this tax bill”

From the NY Times: In One New Jersey Town, Pending Tax Changes Create Anxiety Politically speaking, Livingston is not the bluest of the suburbs surrounding New York City. But there are few places where people are feeling any more anxious … Continue reading

Posted in Economics, National Real Estate, New Jersey Real Estate, Politics | 124 Comments

“We’ve been subsidizing debt”

From the NYT: Homeowners Have Had It Good. Too Good, Says the Tax Bill. For decades, the tax code has been filled with rewards for homeownership. Tax breaks encourage people to get into first homes and to trade up as … Continue reading

Posted in Economics, National Real Estate, Politics | 24 Comments

Trump vs the Fed

From the NY Times: Fed Predicts Modest Economic Growth From Tax Cut The Federal Reserve, buoyed by a steadily strengthening economy, raised interest rates on Wednesday for a fifth time since the financial crisis and predicted that a proposed tax … Continue reading

Posted in Economics, National Real Estate, Politics | 33 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

One step closer

From CNBC: Senate GOP clears another hurdle on the way to tax reform vote The Senate moved Wednesday to start debate on the Republican tax bill, a key step toward a vote this week to dramatically change the American tax … Continue reading

Posted in National Real Estate, New Jersey Real Estate, Politics, Property Taxes | 100 Comments

So what happens to New Jersey?

From ROI NJ: Murphy’s plans, GOP’s ideas could hasten migration from N.J. While raising the minimum wage and increasing the millionaires tax are two goals for Gov.-elect Phil Murphy, two Republican tax bills currently making their way through the federal … Continue reading

Posted in Demographics, Economics, National Real Estate, Politics, Property Taxes | 72 Comments

Case Shiller Day

From HousingWire: Case Shiller: Home prices rise at fastest pace since 2014 Home prices increased in September at their fastest pace in more than three years, according to the latest S&P CoreLogic Case-Shiller Indices released by S&P Dow Jones and … Continue reading

Posted in Economics, National Real Estate | 83 Comments

Homeownership to rise?

From the Washington Examiner: White House analysis: Tax bill will slightly decrease home prices, but boost homeownership The tax legislation working its way through Congress would only slightly lower home values and could boost homeownership, according to a new analysis … Continue reading

Posted in Economics, National Real Estate, Politics, Property Taxes | 87 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

Upper middle class not paying their fair share?

From Bloomberg: Should the Upper Middle Class Take the Biggest Tax Hit? Humans learn the concept of fairness at a very young age. After all, it doesn’t take long for a child to start whining about a sibling who gets … Continue reading

Posted in Demographics, Economics, National Real Estate, Politics | 116 Comments