Monthly Archives: December 2024

Predictions 2025!

Break out your crystal ball and let’s hear ’em! Recession / Economic Real Estate Stocks/Securities Commodities Inflation Mortgage Rates Geopolitics Whatever Bragging rights to anyone who nailed it for 2024: Predictions 2024!

Posted in Economics, Employment, National Real Estate, New Jersey Real Estate, Where's the Beef? | 111 Comments

Welcome to ’95

From the NY Post: Home sales rise at fastest pace since March — but market set for worst year since 1995 Sales of previously occupied US homes rose in November to their fastest pace since March with home shoppers encouraged … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, Mortgages, National Real Estate | 37 Comments

Feeling hot hot hot

From NorthJersey.com: These were the hottest North Jersey towns for homebuyers in 2024 Bergen County’s hottest towns for homebuying, by ZIP code Passaic County’s hottest towns for homebuying, by ZIP code Morris County’s hottest towns for homebuying, by ZIP code … Continue reading

Posted in New Jersey Real Estate, North Jersey Real Estate | 54 Comments

How to afford NJ

From NorthJersey.com: Historic New Jersey mansion seized from fraudster is now listed for $33M New Jersey’s historic Crocker Mansion in Mahwah was officially put back on the market this month after it was seized from a billionaire fraudster in 2023. … Continue reading

Posted in Humor, New Jersey Real Estate | 132 Comments

Luxe Jersey

From HousingWire: Pacaso’s top markets for luxury vacation homes are in New Jersey and Florida Despite rising home prices and mortgage rates, second-home investors overtook a select group of vacation real estate markets. This week, online marketplace Pacaso highlighted counties in New Jersey, Florida and Massachusetts as leading markets for … Continue reading

Posted in Housing Bubble, New Jersey Real Estate, Shore Real Estate, South Jersey Real Estate | 86 Comments

Old NJ real estate that might just smell good?

From the Star Ledger: Chemist behind Arrid deodorant left behind quirky tribute to life’s work in this N.J. home In a room with brick floors, off the wood-paneled library inside a stately Tudor home in Princeton, is a stained glass … Continue reading

Posted in Humor, New Jersey Real Estate | 35 Comments

What the ‘experts’ think

From Robb Report: Here’s How the Real Estate Market Will Fare Next Year, According to 2025 Housing Forecasts As 2024 draws to a close, it’s time for buyers, sellers, and renters to prepare for what the housing market will have … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 126 Comments

NJ market at risk?

From Newsweek: House Prices Could Fall in Three ‘Vulnerable’ States The housing market is vulnerable to decline in parts of the country with analysis suggesting that prices are more at risk of falling in three specific areas. Real estate experts … Continue reading

Posted in Demographics, Economics, Employment, Foreclosures, National Real Estate, New Jersey Real Estate | 93 Comments

5 predictions for 2025

From CNBC: What to watch for in 2025 housing market predictions  Housing is not cheap — whether you’re buying or renting.  In October, the median sales price for a single-family home in the U.S. was $437,300, up from $426,800 a month prior, according to the … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 60 Comments

Forecast down?

From Seeking Alpha: US home prices expected to fall further than previously forecast, Fannie Mae says U.S. home prices are expected to slow further than previously forecast next year and in 2026, according to Fannie Mae’s (OTCQB:FNMA) latest Home Prices Expectations … Continue reading

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

NJ takes top spot in price growth

From CoreLogic: US Home Price Insights –  December 2024 Home prices nationwide, including distressed sales, increased year over year by 3.4% in October 2024 compared with October 2023. On a month-over-month basis, home prices increased by 0.02% in October 2024 … Continue reading

Posted in Housing Bubble, National Real Estate, New Jersey Real Estate | 65 Comments

Welcome to prediction season!

From Business Insider: 4 predictions for the US housing market in 2025, according to Zillow Here are four predictions Zillow has for next year’s market. 1. Rising home sales Olsen said the housing market was slowly becoming “unstuck,” a trend … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 70 Comments

Ambassador Kushner

From NJ1015: Trump wants pardoned NJ real estate developer for US ambassador President-elect Donald Trump said Saturday he intends to nominate real estate developer Charles Kushner, father of Trump’s son-in-law Jared Kushner, to serve as ambassador to France. Trump made the … Continue reading

Posted in New Development, New Jersey Real Estate, Politics | 99 Comments