Monthly Archives: November 2017

Senate says “F*ck You New Jersey” and proceeds to piss all over us

Posted on November 10, 2017 by grim

From the Star Ledger: Senate GOP bill delivers bigger blow to N.J. by killing your entire property tax break The entire federal deduction for state and local taxes — an important tax break for New Jersey residents — would end … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 159 Comments

Vancouver tops NYC and SF for least affordable

Posted on November 9, 2017 by grim

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

An outsider gets his chance

Posted on November 8, 2017 by grim

From Politico: Murphy defeats Guadagno to become New Jersey’s next governor Democrat Phil Murphy, a millionaire former Goldman Sachs executive and U.S. ambassador to Germany who’s never held elective office, will succeed Republican Chris Christie as New Jersey’s governor after … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 152 Comments

Who would want to win?

Posted on November 7, 2017 by grim

From Fox Business: N.J. voters worry about taxes as they elect a new governor New Jersey’s voters will decide Tuesday who will take over running the state from outgoing Republican Gov. Chris Christie, who, after two terms in office, is … Continue reading →

Posted in Politics | 181 Comments

Selling the tax plan through small business

Posted on November 6, 2017 by grim

From the Star Ledger: Why a Trump Cabinet official made a weekend trip to N.J. U.S. Small Business Administrator Linda McMahon discussed the Republican tax cut plan on a trip to New Jersey on Saturday as supporters touted the proposal … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate, Politics | 89 Comments

How will the housing market react?

Posted on November 4, 2017 by grim

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 | 43 Comments

The push for $12,500.

Posted on November 3, 2017 by grim

From the Washington Examiner: New Jersey Rep. Tom MacArthur wants cap on property tax deduction lifted in tax bill A key Republican lawmaker said Thursday that he wants to lift the new tax bill’s cap on property tax deductions, a … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 106 Comments

Camden on the mend?

Posted on November 2, 2017 by grim

From WHYY: Camden on the rise? New data show poverty is falling Ken Hammon’s driveway says it all. About halfway down Tuckahoe Road in South Camden, sits the black Mustang the 31-year-old bought thanks to a life-changing job at Holtec … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 188 Comments

MarketNews October

Posted on November 1, 2017 by grim

From Otteau Group: MarketNews October After four consecutive months of increases, home purchase contracts in New Jersey were basically unchanged during the month of September, increasing by just 0.4%. This is compared to a 12% increase one year ago in … Continue reading →

Posted in Economics, New Jersey Real Estate | 94 Comments