Category Archives: National Real Estate

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 | 67 Comments

House Bill Passes, 1 NJ Republican Signs

From the Star Ledger: ‘Open season on N.J.’: With Trump backing, House GOP votes to cut your property tax break With the help of one New Jersey Republican, the U.S. House on Thursday passed sweeping tax legislation that would end … Continue reading

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

Look on the bright side, maybe we can afford to go to the beach again

From the Star Ledger: Ivanka in Bayville: Tax reform will be the law of unintended consequences During his brief speech, Treasury Secretary Mnuchin said that there will be winners and losers in New Jersey under the tax-reform plans. “For people … Continue reading

Posted in National Real Estate, New Jersey Real Estate, Politics | 236 Comments

Senate’s handling of MID a head scratcher

From HousingWire: Housing industry gives mixed response to Senate tax reform bill One of the biggest changes from the House tax reform bill is that the Senate’s version would leave the mortgage interest deduction intact at its current cap of … Continue reading

Posted in Economics, Mortgages, National Real Estate, Property Taxes | 67 Comments

That time of year again

From The Street: Top Predictions for U.S. Home Prices In 2018 Danni Springfield, a real estate agent at The Springfield Group in San Antonio, Tx. – Even relatively steady markets are seeing impressive growth in the housing market, Springfield says. … Continue reading

Posted in Demographics, Economics, National Real Estate | 23 Comments

Vancouver tops NYC and SF for least affordable

From HousingWire: New study reveals least affordable city in North America Home prices are out of control in markets such as San Francisco and Manhattan, which have the lowest levels of affordability in the U.S., however other cities in North … Continue reading

Posted in Demographics, Economics, National Real Estate | 100 Comments

How will the housing market react?

From Forbes: What The Republican Tax Bill Means For The Value Of Your Home House Republicans released their long awaited tax bill Thursday. The proposal is a long way from becoming the law of the land, but the draft contains … Continue reading

Posted in Mortgages, National Real Estate, Politics, Property Taxes | 42 Comments

Time to take a vacation … on the house!

From CNBC: Home equity loans set to soar along with home prices Ever since the epic housing crash of the last decade, homeowners have been incredibly conservative with their housing debt. Home prices rose, at first slowly and now quite … Continue reading

Posted in Economics, Mortgages, National Real Estate | 116 Comments

What the hell?

From HousingWire: New home sales 10-year high baffles economists After hitting a new low in August, new home sales surged in September to their fastest pace in the past decade, according to the latest report released jointly by the U.S. … Continue reading

Posted in Demographics, Economics, National Real Estate, New Development | 127 Comments

Automation will reshape America

From MIT Technology Review: In These Small Cities, AI Advances Could Be Costly It’s long been clear that urbanization and automated technologies are shaping society, but it hasn’t been obvious how the two forces affect each other. Until now, perhaps. … Continue reading

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

Unexpected increase in September Home Sales

From HousingWire: Existing home sales reverse course, increase in September After falling for three straight months, existing home sales reversed course in September, posting an increase, according to the latest report from the National Association of Realtors. Total existing home … Continue reading

Posted in Economics, National Real Estate | 27 Comments

Homes shrink, but they are still bigger than 10 years ago

From Bloomberg: Homes Are Shrinking in the U.S. In a reversal of a three-decade trend, U.S. homebuilders are cutting the size of the American home as margins are being squeezed by a shortage of land and labor. The average floor … Continue reading

Posted in Economics, National Real Estate, New Development | 76 Comments

Albatross

From CNBC: Boomers worry they can’t sell those big suburban homes when the time comes Jeff Swaney is worried about selling his 5,600-square-foot home one day. In his neighborhood south of Atlanta, demand and prices for large ranch houses like … Continue reading

Posted in Economics, National Real Estate | 39 Comments

Why Trump’s tax plan will make housing even more unaffordable

There appears to be some thought that home prices on the coasts are elevated or subsidized through the use of the Mortgage Interest deduction (MID) and State and Local Tax (SaLT) deductions. These two deductions, either alone or together, artificially … Continue reading

Posted in Economics, National Real Estate, Politics, Property Taxes | 124 Comments

July home sales beat expectations

From CNBC: Case-Shiller home price index rises 5.9%, beating expectations The S&P CoreLogic Case-Shiller home price index rose 5.9 percent in July compared a year ago, better than the 5.7 percent expected by economists polled by Reuters. The rise was … Continue reading

Posted in Economics, Housing Recovery, National Real Estate | 123 Comments