Monthly Archives: June 2020

From CNBC: Pending home sales spike a record 44.3% in May, as homebuyers rush back into the market Pending home sales spiked a stunning 44.3% in May compared with April, according to the National Association of Realtors. That is the … Continue reading →

Four months since we started this discussion… From CNBC: New Jersey governor: ‘I believe we will be back in school’ this fall with coronavirus protocols New Jersey Gov. Phil Murphy told CNBC on Friday he thinks K-12 schools in the … Continue reading →

From NJ Business Magazine: Pandemic Drives Manhattanites’ Moves to New Jersey New Yorkers concerned about contracting coronavirus in their apartment buildings’ elevators and who have been working from home in small-but-expensive apartments are fleeing to northern New Jersey’s suburbs, according … Continue reading →

From Bloomberg: Suburban New Jersey Homes Headed for Biggest Price Increase Since 2005 Pandemic-weary New Yorkers, eager to escape the confines of city living, may push up suburban New Jersey home prices by the most in 16 years. That’s the … Continue reading →

From the Star Ledger: N.J. to borrow $1.7B from feds to pay unemployment benefits  New Jersey will borrow $1.7 billion from the federal government to replenish the unemployment fund that’s paid out more than $2.1 billion in benefits to workers who lost … Continue reading →

From the Star Ledger: Asbury Park sued by state over indoor dining defiance Two days after Asbury Park revealed it would violate Gov. Phil Murphy’s coronavirus lockdown orders and allow restaurants to offer indoor dining starting Monday, Murphy announced Friday the state was suing the … Continue reading →

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From NJ101.5: ‘Reopen our economy now’ — Mayors complain that NJ moving too slow Mayors of 20 of Ocean County’s 33 municipalities sent a letter Friday to Murphy calling on him to “open our economy now,” complaining that the Democratic … Continue reading →

Something something too tired to get out of bed.

New Jersey is going to mortgage your house to pay for Coronavirus. From Law360: NJ $5B Bond Bill Includes Statewide Property Tax Trigger A New Jersey bill advancing in the Assembly would allow the state to issue $5 billion in … Continue reading →

Took a little while. People might not be driving to work, but they are certainly driving again.