Monthly Archives: June 2017

Can’t live in one, can’t live without one

From MarketWatch: Mortgages are unaffordable in half of America’s largest housing markets Owning a home is becoming an increasingly unaffordable proposition in many of the largest metropolitan areas across the U.S. In more than half of the nation’s 35 largest … Continue reading

Posted in Economics, National Real Estate | 43 Comments

Escalades and Jet Skis … Baby!

From HousingWire: Homeowner equity soars in first quarter Homeowner equity increased significantly in the first quarter of 2017, according to the Q1 2017 home equity analysis from CoreLogic, a property information, analytics and data-enabled solutions provider. Homeowners with a mortgage, … Continue reading

Posted in Economics, Mortgages, National Real Estate | 85 Comments

Ah the good old days

From NPR – All Things Considered: Before Silicon Valley, New Jersey Reigned As Nation’s Center Of Innovation People from New Jersey are used to defending their state. But, in fact, New Jersey has a history to brag about. Thomas Edison … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate | 65 Comments

Slowdown ahead?

From CNBC: Fast-rising home prices finally hit a wall This spring may be one of the hottest sellers’ markets in history, but even off-the-chart-demand can’t put every potential buyer in a home of their own. If the house is too … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 112 Comments

Shaping up to be the strongest year yet?

From CBS News: House-hunting in 2017? You’ll need a fatter wallet What’s on your TV? In many middle-class homes, programs about house-hunting now compete for viewers with sporting events, cooking shows and financial advice. Americans are house-hungry. And nothing proves … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 130 Comments

Refis down, foreclosures down, purchases down

From DSNews: First-time Foreclosure Starts Hit All-time Low Both mortgage originations and foreclosures are in freefall, according to the recent Mortgage Monitor report released by Black Knight Financial Services on Monday. Overall originations dropped 34 percent over the first quarter … Continue reading

Posted in Economics, Foreclosures, National Real Estate | 23 Comments

Bayonne joins the Gold Coast

From the NY Post: When Jason Tsay and Michael Suchocki left artsy Chelsea for sleepy Bayonne, they thought the New Jersey city was on the cusp of a real estate renaissance. Turns out they were a decade early. The couple … Continue reading

Posted in Demographics, Economics, Gold Coast, New Development | 124 Comments

When will the rest of Jersey follow?

From the Star Ledger: The 19 hottest real estate markets in N.J. are surging Time to separate the wheat from the chaff. New Jersey’s real estate market has been fairly fractured since the Great Recession ended in 2009. A slow … Continue reading

Posted in Economics, New Jersey Real Estate | 108 Comments