Monthly Archives: December 2005

Looks like I came back to a rather full economic calendar for next week. Tuesday 20th – Housing Starts & Building Permits Tuesday 20th – PPI & Core PPI Wednesday 21st – GDP & Chain Deflator Thursday 22nd – Personal … Continue reading →

It’s good to be back home again! The past few months have turned me into a plugged-in news junkie. I can’t go an hour without checking the newswires, looking for updates on economic reports, or keeping an eye on the … Continue reading →

I found a link to this blog by a Hoboken realtor on Curbed.com. Ordinarily realtor blogs are pretty useless and are almost entirely devoid of content that does not portray the local market as the best area on the planet … Continue reading →

(This article was written by guest blogger Richie) Just over a month ago we witnessed the most expensive campagins for the title of “Governor of New Jersey”. Both candidates (Jon Corzine and Doug Forrester) promised us New Jersey residents that … Continue reading →

The Gold Coast (the Jersey side of the Hudson River) has seen a ton of development over the past few years and there are lots of new projects in the works. Some of the projects look like good ideas, in … Continue reading →

(This article was written by guest blogger Richie) I came across a very interesting article on NJ.COM this morning regarding Age-Restricted developments in New Jersey. I’m sure many of us have come across these developments; they are sprouting up all … Continue reading →

This week I (little_silvered of the Jersey Shore Bubble Blog) am helping Grim with his blog while he is on vacation as he helped cover for me while I was on my vacation last week. Although I am more familiar … Continue reading →

This is a story out of Boston/Mass however I think it is important to post here. We’ve already started to see beginnings of similar behavior in Northern NJ. Boston and Mass begun their decline earlier than the NNJ market, thus … Continue reading →

I’m going to be away from the blog starting from this Saturday, December 10th until the following Saturday, December 12th. Apologies in advance to all my regular readers. In my absense I’ve invited two guest bloggers to report on the … Continue reading →

Another decline in active listings this week, the rate at which sellers have been retreating is starting to show a marked uptrend.. GSMLS (Berg, Ess, Hud, Mor, Pas, Som, Sus, Uni, War) 11/30 – 12624 12/07 – 12316 Added this … Continue reading →

Hot off the AP wire: U.S. Housing Market Expected to Decline The U.S. housing market will see a sustained decline next year, causing a drag on the nation’s economy but falling short of triggering a recession, according to a new … Continue reading →

It’s time for another episode of Price Reduced! For all the newcomers to this blog, Price Reduced! takes a look at a handful of significant price reductions across Northern NJ. The purpose of this exercise is to serve as proof … Continue reading →

More and more Americans are moving to get away from overheated housing markets. Many residents of high-priced housing markets around the country are cashing out and moving to more affordable areas. ‘Take this house and shove it’ Another article about … Continue reading →

November sales data is in! Regular readers will likely recognize this graph, I’ve been updating it each month for a few months now. For new readers, this graph shows year over year unadjusted sales for 2003, 2004, and 2005. The … Continue reading →

The National Association of Homebuilders (NAHB) & Wells Fargo released the third quarter affordability statistics yesterday. Northern NJ made the top 10, specifically the New York-White Plains-Wayne MSA (Includes Bergen, Hudson, and Passaic Counties). NAHB Third Quarter Affordability California once … Continue reading →