Monthly Archives: November 2015

Housing confidence dips in October

From HousingWire: Fannie Mae: Consumer confidence in housing market fell in October Consumers’ feelings towards the housing market were weaker in the month of October than they were in September, as some consumers displayed hesitancy to commit to the long-term … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery | 82 Comments

Where’s the money? Here.

From MarketWatch: Where’s the money in America? This 3D map will show you The hardest working states and regions in America? Sorry flyover states, better luck next time. The kings of production remain in the most obvious spots: California, Texas … Continue reading

Posted in Demographics, Economics, Employment | 123 Comments

Hope you locked in your refi

From the Washington Post: After stellar month for U.S. jobs market, Federal Reserve increasingly likely to raise interest rates The U.S. job market has almost fully healed from the deep wounds of the Great Recession, raising expectations that the Federal … Continue reading

Posted in Economics, Employment, Housing Recovery, Mortgages | 70 Comments

GSEs failing again?

From HousingWire: Compass Point: Fannie Mae, Freddie Mac will need another bailout The disappointing third quarter results for Fannie Mae, which saw its net income cut in half, and Freddie Mac, which took a comprehensive loss of $501 million, have … Continue reading

Posted in Economics, Foreclosures, Mortgages, Politics | 107 Comments

Best September Since 2005

From the Otteau Group: MarketNEWS October 30, 2015 Home purchase demand in New Jersey increased for the 13th consecutive month in September with more than 8,000 home-purchase contracts. This was the highest number of purchase contracts recorded in the month … Continue reading

Posted in Economics, Housing Recovery, New Jersey Real Estate | 172 Comments

Bend Over NJ

From the Star Ledger: N.J. taxes second-worst in U.S., Forbes says New Jerseyans already know it to be true, but a Forbes analysis of state-by-state tax burdens places the Garden State near the top of its “Worst States for Taxes” … Continue reading

Posted in New Jersey Real Estate, Politics, Property Taxes | 93 Comments

Bye Bye Bungalow

From the Record: Three years later, shore’s housing market feels effects of Sandy Maureen and Bill Craft put “backbreaking” work and thousands of dollars into fixing their Little Egg Harbor Shore home after it was flooded during Superstorm Sandy, but … Continue reading

Posted in New Development, Shore Real Estate | 107 Comments

Cheap rates might get easier … or maybe not

From the NYT: A Focus on Credit History for Mortgage Approvals Fannie Mae announced on Monday that it would soon start taking a longer view of consumer credit histories when evaluating mortgage applications, a change that could help some borrowers … Continue reading

Posted in Mortgages, National Real Estate | 19 Comments