Monthly Archives: December 2023

Riskiest Markets

Posted on December 7, 2023 by grim

From Atom: Housing Markets Facing Greater Risk Of Downturns Clustered In California, New Jersey And Illinois ATTOM, a leading curator of land, property, and real estate data, today released a Special Housing Risk Report spotlighting county-level housing markets around the United … Continue reading →

Posted in Demographics, Economics, Housing Bubble, New Jersey Real Estate | 80 Comments

Ringwood is prime

Posted on December 6, 2023 by grim

From the NYT: Ringwood, N.J.: A Rural Lifestyle 40 Miles From New York City With its wooded hills, winding roads and shimmering lakes and reservoirs, Ringwood, N.J., feels more like the Catskills than like a New Jersey suburb. That rural … Continue reading →

Posted in General | 62 Comments

Inventory falls in Bergen, Morris, and Passaic

Posted on December 5, 2023 by grim

From NorthJersey.com: Market update: Three North Jersey counties saw an increase in home listings in November North Jersey’s real estate market saw a decrease in both new home listings and median listing prices during the month of November. Similarly, national … Continue reading →

Posted in New Jersey Real Estate | 80 Comments

Maybe in 2025?

Posted on December 4, 2023 by grim

From Fast Company: U.S. home prices to hold firm in 2024 even if a mild recession hits, Fannie Mae says Fannie Mae economists expect U.S. economic growth to decelerate, leading to a mild recession in 2024, according to the latest forecast … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 95 Comments

Uh Oh

Posted on December 1, 2023 by grim

From CNBC: Pending home sales drop to a record low, even worse than during the financial crisis Pending home sales, a measure of signed contracts on existing homes, dropped 1.5% in October from September. They hit the lowest level since … Continue reading →

Posted in Crisis, Economics, Housing Bubble, Mortgages, National Real Estate | 111 Comments