Monthly Archives: January 2020

Another good year for RE?

From HousingWire: CoreLogic: Expect home prices to rise 5% by next November In November, home prices climbed by 3.7% from the previous year, according to CoreLogic’s latest Home Price Forecast. The CoreLogic HPI projects future home price growth based on several economic … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 116 Comments

End of the NJ HQ?

From the Star Ledger: N.J. could force employers to pay severance to laid-off workers Stirred by the plight of New Jersey Toys “R” Us workers who lost their jobs when the Wayne-based retailed filed for bankruptcy and shuttered stores across … Continue reading

Posted in Economics, Employment, New Jersey Real Estate | 79 Comments

Still strong on LI

From LI Business News: Long Island home prices climb on strong sales Prices of Long Island homes sold last month rose compared with a year ago, boosted by strong demand and a shrinking supply. The median price of homes contracted … Continue reading

Posted in Economics, Housing Recovery, NYC | 36 Comments

Business growing in NJ?

From GlobeSt: Northern NJ Office Market Showing Improvement Heading into 2020 The Northern New Jersey office market showed signs of stability and improvement at the end of 2019 positing positive net absorption, lower availability and higher asking rents, according to … Continue reading

Posted in Economics, New Development, New Jersey Real Estate | 114 Comments

Trends 2020

From Forbes: The Real Estate Landscape In 2020: An Expert’s Predictions   Sellers will expand on home improvements before selling These will go far beyond staging as buyers become less inclined to buy homes that need work “They wish to know … Continue reading

Posted in Economics, National Real Estate | 125 Comments

The Exodus

From CNBC: People couldn’t wait to leave this state in 2019 Blame it on brutal winters, high taxes or the New Jersey Turnpike: The Garden State is the last place where people want to be. More than two-thirds of all … Continue reading

Posted in Demographics, Economics, National Real Estate, New Jersey Real Estate, Property Taxes | 114 Comments