Category Archives: National Real Estate

Buy ’em out, tear ’em down.

Posted on July 19, 2018 by grim

From the Star Ledger: These N.J. properties flood over and over again, costing taxpayers like you millions More than 3,300 homes and business in New Jersey have been repeatedly flooded and rebuilt at taxpayer expense — some as many as … Continue reading →

Posted in Economics, National Real Estate | 95 Comments

Here comes the bubble? Or still too early?

Posted on July 15, 2018 by grim

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

No exodus?

Posted on July 13, 2018 by grim

From The Real Deal: No exodus from California despite pressure from new fed tax plan: real estate pros While homeowners in high-tax states like New York and New Jersey may be packing their bags to move to Florida and Texas, … Continue reading →

Posted in Demographics, Economics, National Real Estate, Politics, Property Taxes | 86 Comments

Why millennials aren’t buying

Posted on July 12, 2018 by grim

From HousingWire: Here are 5 reasons the Millennial homeownership rate is low For years, several factors have been tossed around such as high home prices, fear over the last housing crisis, delays in family formation and even student loans as … Continue reading →

Posted in Demographics, Economics, National Real Estate | 68 Comments

Rents pushing new highs nationally

Posted on July 10, 2018 by grim

From HousingWire: Rent just jumped to an all-time high We’ve known that the rent may be too damn high for quite a while now, but a new report shows that rent has never been this high before. Newly released data … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 92 Comments

It’s a great time to stay put

Posted on July 5, 2018 by grim

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

Dylan, Chelsea, and Austin buy homes

Posted on June 28, 2018 by grim

From the Huffington Post: Millennial Buyers Face Tough Housing Market Yvonne Jimenez Smith and her husband, Brandon Smith, spoke in whispers recently as they visited a white stucco house they planned to buy on a leafy street in San Jose, … Continue reading →

Posted in Demographics, Economics, National Real Estate | 125 Comments

Reaching the tipping point?

Posted on June 27, 2018 by grim

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

The good old days really were

Posted on June 23, 2018 by grim

From Curbed: How the housing market has become harder since 1988 Millennials facing today’s difficult housing market, and the challenges of buying their first home, can wistfully imagine the ’50s and dream of a time when government policy and growth … Continue reading →

Posted in Demographics, Economics, National Real Estate | 59 Comments

About time…

Posted on June 21, 2018 by grim

From CNBC: Millennials moving out of Mom and Dad’s place, study shows If you have an adult child living at home, you could become an empty nester sooner than you thought. The number of 18- to 34-year-olds living with parents … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 136 Comments

Housing market got it’s swimmies back

Posted on June 9, 2018 by grim

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

Nothing left to buy?

Posted on June 2, 2018 by grim

From CNBC: Pending home sales fall more than expected as costs for buyers rise Potential homebuyers out shopping in April may have been spooked by a sharp rise in mortgage interest rates. Pending home sales, which measure signed contracts to … Continue reading →

Posted in Demographics, Economics, National Real Estate | 32 Comments

Another month, another jump in prices

Posted on May 30, 2018 by grim

From MarketWatch: Home prices are still on a tear, Case-Shiller says The numbers: The S&P/Case-Shiller national index rose a seasonally adjusted 0.4% and was up 6.5% compared to a year ago in March. The 20-city index rose a seasonally adjusted … Continue reading →

Posted in Housing Bubble, Housing Recovery, National Real Estate | 129 Comments

Up Up Up Up Up

Posted on May 29, 2018 by grim

From Mortgage Professional: Mortgage rates keep climbing Mortgage rates continued their steady climb through the week ending May 24 to reach their highest level since May 5, 2011, according to the Primary Mortgage Market Survey released by Freddie Mac. Rates … Continue reading →

Posted in Mortgages, National Real Estate | 74 Comments

Fed not taking the juice away … yet

Posted on May 25, 2018 by grim

From HousingWire: Fed changes tune on raising interest rates this year The Federal Reserve has been forecasting an average two to four rate hikes in 2018, however the minutes from its latest meeting reveal a more dovish approach. Many experts … Continue reading →

Posted in Economics, Mortgages, National Real Estate | 124 Comments