Monthly Archives: June 2025

Sorry Millionaires

Posted on June 30, 2025 by grim

From WHYY: Why are New Jersey housing costs continuing to rise — and who should pay for affordable housing? On Monday, the New Jersey Legislature is expected to give final approval to the state’s fiscal year 2026 spending plan. The $58.8 … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, Politics, Property Taxes | 76 Comments

What happened with the house listed for $1?

Posted on June 27, 2025 by grim

From the NY Post: Listed for $1, this suburban NJ home received multiple $550K offers: ‘Thankfully, it worked out very well for us’ In for a buck, in for $550,000. A Newark, New Jersey real estate broker raked in more … Continue reading →

Posted in Humor, New Jersey Real Estate | 230 Comments

Tick tick tick

Posted on June 26, 2025 by grim

From Mortgage News Daily: Home Prices Fell More Than Expected in April Both the FHFA and Case‑Shiller home price indices were released today. While the data collection time frame is from April, they each suggest a similar shift is underway … Continue reading →

Posted in General | 68 Comments

Strongest market in the country?

Posted on June 24, 2025 by grim

From NJ.com: N.J.’s new home listings drop while these states see them skyrocket Fewer homes hit New Jersey’s housing market last month compared to the same time last year, according to the latest figures from Realtor.com. A total of 9,508 … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 108 Comments

Zillow revises down annual home price forecast

Posted on June 23, 2025 by grim

From Fast Company: Housing market map: Zillow just released its updated home price forecast for 400-plus housing markets Heading into the year, Zillow economists forecasted that U.S. home prices ​​were likely to rise 2.6% in 2025. However, this year, the housing market—in … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 55 Comments

Get real…

Posted on June 22, 2025 by grim

From the NY Post: This New Jersey home, worth more than $500K, is on the market for just $1 Got a buck? A New Jersey Realtor has listed a Newark house for $1, calling the move a social experiment intended to evaluate … Continue reading →

Posted in New Jersey Real Estate, Where's the Beef? | 42 Comments

I’ll die before I sell you my home

Posted on June 21, 2025 by grim

From the Hill: 1 in 3 baby boomers say they’ll never sell home: Redfin About a third of baby boomers who own their homes don’t expect to ever part with them, according to a new poll. The survey, which was conducted by … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 30 Comments

Can’t afford to live there either…

Posted on June 20, 2025 by grim

From News12: Report: Home prices hit record high in Suffolk; Nassau market slows slightly The average price for a house in Nassau last month was $810,000 and the average price of a single-family home is up to $690,000 in Suffolk. … Continue reading →

Posted in Housing Bubble, New Jersey Real Estate, NYC | 55 Comments

We’re all millionaires now

Posted on June 19, 2025 by grim

From Mansion Global: Rising Home Prices Are Creating More ‘Everyday Millionaires’ More than 1,000 Americans a day became millionaires last year, according to a report from UBS released on Wednesday.  The number of worldwide millionaires, measured in U.S. dollars, rose … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 65 Comments

Buyers giving up?

Posted on June 18, 2025 by grim

From MarketWatch: Bye-bye bidding wars: Housing market becomes more buyer-friendly as more sellers slash prices Home sellers this spring have been frustrated by a slower-than-normal housing market. That could set up a summer of deals for buyers. Housing inventory is … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 87 Comments

April rebound?

Posted on June 16, 2025 by grim

From Kiplinger: Kiplinger Housing Outlook: Monthly Home Price Growth Falls for First Time Since 2023 Home prices continue to push higher, but at a slower pace. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, which measures the price of existing … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, Mortgages, National Real Estate | 226 Comments

Your kids can’t afford to be here

Posted on June 15, 2025 by grim

From the NY Post: Here’s how much owning a home in 2030 will cost based on stagnant US salaries The national median home price is projected to climb to $615,103 by decade’s end, while income gains lag behind — leaving … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate | 25 Comments

Jersey gets risky

Posted on June 13, 2025 by grim

From ATTOM: CALIFORNIA AND NEW JERSEY LOCALES TOP COUNTIES FACING GREATEST HOUSING MARKET HEADWINDS ATTOM, a leading curator of land, property data, and real estate analytics, today released its latest Special Housing Risk Report spotlighting county-level housing markets around the United States that are … Continue reading →

Posted in Housing Bubble, New Jersey Real Estate | 127 Comments

More homes for sale?

Posted on June 11, 2025 by grim

From NJ.com: N.J.’s housing market heats up: Over 9,000 homes listed  Thousands of homes hit New Jersey’s housing market last month, according to the latest figures from Realtor.com. A total of 9,844 homes were listed statewide in April, making for … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Jersey Real Estate | 184 Comments

Renting Jersey

Posted on June 9, 2025 by grim

From NY Post: Dozens of New Jersey suburbs have more renters than homeowners — more than any other state In the Garden State, signing a deed to buy a home is being outnumbered in certain areas by inking a lease … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 271 Comments