Monthly Archives: October 2022

No recession in NJ’s industrial markets

Posted on October 10, 2022 by grim

From NJBIZ: Industrial real estate sector closes Q3 with strong fundamentals Rounding the corner on 2022, the industrial real estate sector closed the third quarter with strong fundamentals. The vacancy rate is under 3% while rents continue to grow as … Continue reading →

Posted in Economics, New Jersey Real Estate | 75 Comments

Hellooo 7 point o

Posted on October 8, 2022 by grim

From CNBC: Unemployment rate falls to 3.5% in September, payrolls rise by 263,000 as job market stays strong Job growth fell just short of expectations in September and the unemployment rate declined despite efforts by the Federal Reserve to slow … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 41 Comments

Jobs Day!

Posted on October 7, 2022 by grim

From CNBC: Friday’s jobs report could be a case where good news isn’t really good Investors are closely watching the nonfarm payrolls report due out Friday, but not for the usual reasons. In normal times, strong job gains and rising … Continue reading →

Posted in Economics, Employment, National Real Estate | 84 Comments

Corelogic’s Losers

Posted on October 6, 2022 by grim

From Money.com: 5 Cities Where Home Prices Are Most Likely to Fall Next Year It’s been quite a turnaround for the once-hot housing market: Home prices are already falling in many cities, and there’s more where that came from. New data from real … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 59 Comments

The Realtors Said What?

Posted on October 5, 2022 by grim

From the NAR: Buckle Up: Home Prices Are Expected To Fall by a Lot—Even If There Isn’t a Recession The U.S. Federal Reserve has completely upended the housing market, taking it from turbocharged to rapid deceleration. The effects of the Fed’s … Continue reading →

Posted in Housing Bubble, Mortgages, National Real Estate | 44 Comments

Correction or Crash?

Posted on October 3, 2022 by grim

From Bloomberg: US Home Prices Now Posting Biggest Monthly Drops Since 2009 Median home prices fell 0.98% in August from a month earlier, following a 1.05% drop in July, Black Knight Inc. said in a report Monday. The two periods … Continue reading →

Posted in Housing Bubble, National Real Estate | 111 Comments