Monthly Archives: March 2025

Home prices rise, at a slower pace

Posted on March 19, 2025 by grim

From Redfin: U.S. Home Prices Grew 0.4% in February, the Slowest Pace Since July U.S. home prices grew 0.4% from a month earlier in February on a seasonally adjusted basis, equal to the slowest pace since July 2024. Home prices … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 67 Comments

Tariffs to push up cost of housing

Posted on March 18, 2025 by grim

From CBS News: Trump tariffs could add more than $9,000 to cost of a new home, builders say resident Trump’s tariff policies could make building or renovating a home in the U.S. more expensive, according to builders.  The rising costs … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate, New Development, Politics | 49 Comments

Florida Fades

Posted on March 17, 2025 by grim

From Yahoo Finance: Not just condos: Florida’s housing market is softening, especially along the southwest coast Florida’s pandemic-era housing boom is finally starting to fade. For-sale inventory in the state has reached the highest levels on record, and homes are … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 43 Comments

Jersey Feeling Flush

Posted on March 15, 2025 by grim

From Calculated Risk: CoreLogic: 1.1 million Homeowners with Negative Equity in Q4 2024 CoreLogic® … today released the Homeowner Equity Report (HER) for the fourth quarter of 2024. Nationwide, borrower equity increased by $281.9 billion, or 1.7% year-over-year. The report shows that … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate, New Jersey Real Estate | 31 Comments

NJ adds jobs in January

Posted on March 14, 2025 by grim

From NJBIA: NJ January Jobless Rate Stays Flat at 4.6%  New Jersey private-sector employers added 5,900 jobs during January, but significant losses in the public sector were primarily responsible for an overall drop in total employment to 4,387,700, according to … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 92 Comments

Can’t afford to buy, can’t afford to rent

Posted on March 13, 2025 by grim

From the NY Post: Here’s where rents are rising the fastest in the New York area New Yorkers may feel like the rent hikes never end, but it turns out that Newark, New Jersey residents are at the biggest disadvantage.  … Continue reading →

Posted in Economics, Housing Bubble, New Jersey Real Estate, NYC | 105 Comments

NJ just got a little more office space

Posted on March 12, 2025 by grim

From NJBIZ: DOGE cancels NJ leases totaling $2.76M in annual rents  As DOGE continues efforts to purportedly search for savings within the federal government, a number of commercial leases – including in New Jersey – are on the chopping block. Nationwide, … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics | 60 Comments

Taxes don’t make things better?

Posted on March 11, 2025 by grim

From NJ Business Magazine: 80% of CPAs Concerned NJ Budget Will Leave Economy Worse Eighty percent of the 350 certified public accountants (CPAs) surveyed by the New Jersey Society of Certified Public Accountants (NJCPA) after Gov. Phil Murphy proposed his $58.1 … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 65 Comments

Where was COVID’s biggest housing impact?

Posted on March 10, 2025 by grim

From Axios: How the pandemic transformed the housing market in 5 years Home prices skyrocketed Cheap borrowing costs and remote work unleashed a homebuying frenzy early in the pandemic — and sent prices soaring. By the numbers: The median U.S. home price in January was $418,000, … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 166 Comments

To the moon

Posted on March 9, 2025 by grim

From the Realtors: Revealed: America’s Hottest Housing Markets—and Why Some Buyers Are Happily Paying Over Asking in These Popular Spots New Jersey market is heating up Philadelphia, grouped together with parts of New Jersey and Delaware, saw the greatest improvement … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate | 51 Comments

Northeast continues to buck the trend

Posted on March 7, 2025 by grim

From CoreLogic: US Home Price Insights –  March 2025 Home price growth remains largely flat in the U.S. as we come out of winter. Although prices are expected to eek out gains in the coming year, there are stark differences … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate, New Jersey Real Estate | 98 Comments

Spring Market!

Posted on March 6, 2025 by grim

From the Record: Listings in NJ have increased, but remain well below 2024 levels. Our Feb market update The spring market — which has typically been considered the busiest time for real estate — has brought most New Jersey counties … Continue reading →

Posted in Demographics, Economics, Housing Bubble, New Jersey Real Estate | 146 Comments

Tariffs good for home prices?

Posted on March 5, 2025 by grim

From CNBC: Here’s how tariffs will hit the U.S. housing market From lumber to drywall to appliances to finishings, much of what goes into a U.S. home comes from outside American borders. The cost of those products is about to … Continue reading →

Posted in Crisis, Economics, Housing Bubble, National Real Estate, Politics | 110 Comments

Crash starts in Florida?

Posted on March 4, 2025 by grim

From the NY Post: Is Florida heading towards a new housing crisis? A housing crisis is brewing in Florida. A confluence of decreased homebuying and increased housing stock has created a perfect storm for would-be sellers in the Sunshine State.  … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 145 Comments

NJ going to cost you a little more next year

Posted on March 3, 2025 by grim

From the Star Ledger: You won’t believe what N.J. is trying to tax now. Here’s the full list.  The list of taxes and fee changes in the proposed budget include: Brand-new taxes: The state anticipates collecting $277 million by taxing go-cart … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 121 Comments