Category Archives: National Real Estate

Slay the Zombies

Posted on November 1, 2019 by grim

From HousingWire: ATTOM: Zombie foreclosures are ticking down The amount of vacant homes in the U.S. continues to sit at a lull, slowly ticking down, according to a new data set from ATTOM Data Solutions.  In the fourth quarter of 2019, … Continue reading →

Posted in Economics, Foreclosures, Housing Recovery, National Real Estate | 95 Comments

August Case Shiller

Posted on October 30, 2019 by grim

From CNBC: Home price gains heat up in August but slow in major markets, S&P Case-Shiller index says Home prices are heating up again on a national level, but some of the largest cities are lagging. That may be due … Continue reading →

Posted in Demographics, Economics, Housing Bubble, Housing Recovery, National Real Estate | 65 Comments

High end not so dead?

Posted on October 29, 2019 by grim

From Forbes: Hamptons Home Prices On The Rise Again After Two Years Of Declines  Home prices in the Hamptons, the summer playground of Wall Street titans and Hollywood celebrities, are on the rise again after almost two years of declines.  … Continue reading →

Posted in Economics, National Real Estate | 24 Comments

Great market! Everywhere but here.

Posted on October 26, 2019 by grim

From Forbes: Home Prices Jump In 95% Of Cities, Reaching Record High  Home prices have hit a new high. According to stats from ATTOM Data Solutions, median home prices jumped 2.9% over the third quarter of 2019 and 8.2% since … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate, New Jersey Real Estate | 26 Comments

September Existing Home Sales

Posted on October 24, 2019 by grim

From Reuters: U.S. existing home sales drop more than expected in September U.S. home sales fell more than expected in September as the market continues to struggle with a dearth of properties for sale, especially for cheaper homes. The National … Continue reading →

Posted in Demographics, Economics, National Real Estate | 37 Comments

Get with the times NJ

Posted on October 22, 2019 by grim

From CNBC: Backyard bungalows are becoming big business for homeowners and builders They’re not just she-sheds or he-sheds or granny pods or tiny homes. The latest housing trend in the backyard is now front and center for a new breed … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Development | 89 Comments

The Trump Effect

Posted on October 21, 2019 by grim

From CNBC: Robert Shiller: Recession likely years away due to bullish Trump effect Nobel-prize winning economist Robert Shiller believes a recession may be years away due to a bullish Trump effect in the market. According to the Yale University professor, … Continue reading →

Posted in Economics, Employment, National Real Estate, Politics | 15 Comments

Housing a bright spot

Posted on October 17, 2019 by grim

From Housingwire: Federal Reserve report cites “rebounded” housing market The housing market was the bright spot in the Federal Reserve’s monthly economic snapshot released on Tuesday. While consumer spending “softened,” business equipment spending was “sluggish,” and payroll growth has been “moderate,” … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 117 Comments

Mortgage company CEO wants tax break so he can write more mortgages

Posted on October 14, 2019 by grim

From Marketwatch: Opinion: This tax break for first-time home buyers could keep the housing market afloat It’s not easy being a home buyer these days. U.S. home prices are high, housing inventory is low, and consumer sentiment is wobbling. A federal … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, Mortgages, National Real Estate | 101 Comments

Hey New Jersey – Here’s what Trump did to your home values

Posted on October 10, 2019 by grim

From ProPublica: Trump’s Trillion-Dollar Hit to Homeowners

Posted in Economics, National Real Estate, New Jersey Real Estate, Politics, Property Taxes | 45 Comments

Will rent control work in Cali?

Posted on October 9, 2019 by grim

From HousingWire: California enacts statewide rent control During a ceremony Tuesday at a senior citizen center in Oakland, California, Gov. Gavin Newsom signed a statewide law that controls how much landlords can charge for rent. Starting in 2020, the law caps annual … Continue reading →

Posted in Economics, National Real Estate, New Development | 85 Comments

Housing optimism dips, but still very high

Posted on October 8, 2019 by grim

From Yahoo Finance: US housing market optimism slides Optimism about the U.S. housing market may have peaked after hitting its all-time high in August, according to a measure of consumer sentiment. The Fannie Mae Home Purchase Sentiment Index slid 2.3 points … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 84 Comments

Not time to drop?

Posted on October 5, 2019 by grim

From HousingWire: CoreLogic says U.S. home-price gains will accelerate through 2020 CoreLogic Chief Economist Frank Nothaft said the pace of home-price gains will quicken over the next 12 months as low mortgage rates give buyers the ability to pay more … Continue reading →

Posted in Economics, Employment, Housing Bubble, National Real Estate | 81 Comments

Turns out millennials are not all that different

Posted on September 27, 2019 by grim

From the WSJ: Millennials Continue to Leave Big Cities Large U.S. cities lost tens of thousands of millennial and younger Gen X residents last year, according to Census figures released Thursday that offer fresh signs of cooling urban growth. Cities … Continue reading →

Posted in Demographics, Economics, National Real Estate | 104 Comments

July Case Shiller – eh

Posted on September 25, 2019 by grim

From HousingWire: Case-Shiller: U.S. home-price gains were lethargic in July July 2019 saw an annual increase of 3.2% for home prices nationwide, matching the previous month’s pace, according to the Case-Shiller Home Price Index from S&P Dow Jones Indices and CoreLogic. The 10-City and 20-City composites reported a 1.6% … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 66 Comments