Category Archives: National Real Estate

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

So much for the jump in February

Posted on April 23, 2019 by grim

From Marketwatch: Existing-home sales slide nearly 5% in March as the on-again-off-again housing market retreats Sales of previously-owned homes fell more sharply than expected in March as the usual housing headwinds stalked the market. The surge in February was the … Continue reading →

Posted in Demographics, Economics, National Real Estate | 122 Comments

Probably because they learned their lesson … duh

Posted on April 22, 2019 by grim

From HousingWire: Why aren’t more people tapping into their home equity? As the housing market has continued its recovery, home prices have been climbing at a steady clip across the nation. And that means homeowners now have a nice stockpile … Continue reading →

Posted in Demographics, Economics, National Real Estate, Risky Lending | 41 Comments

Sorry about your mansion

Posted on April 19, 2019 by grim

From the WSJ, hat tip Anuj: Wealthy Greenwich Home Sellers Give In to Market Realities After four years on the market, and three price cuts, a stately Colonial-style home on Greenwich, Conn.’s tony Round Hill Road is being sold in … Continue reading →

Posted in Economics, National Real Estate | 78 Comments

Slowing in LI, or still strong?

Posted on April 17, 2019 by grim

From Newsday: LI home prices rise, but sales slow and inventory grows, report shows Long Island home prices kept rising as the spring selling season got underway last month, but the pace of sales slowed and inventory is on the … Continue reading →

Posted in Demographics, Economics, National Real Estate | 141 Comments

Jobs Day

Posted on April 5, 2019 by grim

From CNBC: Friday’s jobs report could eliminate market’s recession fears Companies seem to have done a lot of hiring in March, and if Friday’s jobs report is as strong as expected, it could go a long way towards reducing speculation … Continue reading →

Posted in Economics, Employment, National Real Estate | 91 Comments

Geographic Sorting and Spacial Inequality

Posted on April 4, 2019 by grim

From Citylab: How the 1 Percent Is Pulling America’s Cities and Regions Apart The two gravest challenges facing America today, economic inequality and geographic divides, are increasingly intertwined. Economic inequality has surged with nearly all the growth being captured by … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 65 Comments

Refi window opens again

Posted on April 1, 2019 by grim

From Housingwire: Here’s how many borrowers should refinance after the recent drop in mortgage rates Mortgage rates fell 22 basis points last week to 4.06%, an event that will likely be a gamechanger for the refinance market. According to the latest report … Continue reading →

Posted in Economics, Mortgages, National Real Estate | 102 Comments