Monthly Archives: September 2024

Ah damn, now they’ve gone and done it

Posted on September 13, 2024 by grim

From MSN: Home prices almost never go down Beginning in the 70s and into the 80s, baby boomers who were coming of age and entering the housing world fueled a boom, so home prices generally rose (as did mortgage rates). An … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 175 Comments

Vampire squid says prices are going up

Posted on September 11, 2024 by grim

From Goldman Sachs: US house prices are forecast to rise more than 4% next year US home prices are expected to climb as the Federal Reserve begins cutting interest rates while the underlying economy is still firm, according to Goldman … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 71 Comments

August Market Stats

Posted on September 7, 2024 by grim

From the Record: NJ real estate update: Home prices rose in August, but interest rates dipped Of New Jersey’s 21 counties, eight of them saw more listings compared with August 2023, and four counties saw more new listings compared with … Continue reading →

Posted in New Jersey Real Estate | 46 Comments

Prices to fall? Maybe?

Posted on September 5, 2024 by grim

From MSN: These housing markets are poised for a downturn — and they’re not in Florida or Texas ome buyers are contending with record-high home prices across most of the U.S., but some markets are poised for a correction and could offer … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate, NYC | 119 Comments

Can’t afford a house? How about a trailer?

Posted on September 4, 2024 by grim

From MyCentralJersey.com: ‘It’s not your grandma’s trailer’: Mobile homes are affordable solution to homebuyer woes Cesar Gaona Jr.’s story is a familiar one. A native of the Avenel section of Woodbridge in his late 20s, he was excited to buy … Continue reading →

Posted in Crisis, Demographics, Economics, Housing Bubble, New Jersey Real Estate | 49 Comments

Can’t afford to stay, can’t afford to go

Posted on September 3, 2024 by grim

From The Hill: Americans moving at lowest rate in decades: Census Bureau analysis The percentage of Americans who move is at its lowest rate in recent history. And new research suggests the rate will stay low for quite some time. … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 23 Comments