Category Archives: National Real Estate

“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

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