Monthly Archives: November 2025

NJ may not make it, but the world still needs us to take it

Posted on November 29, 2025 by grim

From RENJ: Outsized impact: New Jersey warehouses support 1.35 million jobs, $113 billion in personal income, study finds Warehouses and distribution centers in New Jersey are home to more than 760,000 on-site employees and support more than 1.35 million jobs … Continue reading →

Posted in Economics, Employment, New Development, New Jersey Real Estate | 66 Comments

We’ve got a loan for that

Posted on November 28, 2025 by grim

From Mortgage News Daily: Conforming Loan Limit Rises to $832,750 Amid Lowest Home Price Growth Since 2012 The FHFA announced that the 2026 baseline conforming loan limit for one-unit properties is $832,750, an increase of $26,250 from 2025. High-cost areas will … Continue reading →

Posted in Mortgages, National Real Estate, Risky Lending | 57 Comments

Save the economy, go shopping

Posted on November 26, 2025 by grim

From the FT: Grim retail sales data fuels concerns about health of US economy A series of grim official data released just ahead of Thanksgiving has deepened concerns about the health of the world’s largest economy, ratcheting up pressure on … Continue reading →

Posted in Crisis, Economics, Employment | 138 Comments

Will investors dump real estate?

Posted on November 25, 2025 by grim

From Newsweek: Price Correction ‘Worse Than 2008’ Coming To US Housing Market—Analyst The only transactions that continued happening in the U.S. market at volume this spring and summer, she said, were for higher-priced homes. “You have this bifurcated housing market, … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 49 Comments

The New L.A.

Posted on November 24, 2025 by grim

From NJ1015: New Jersey’s film industry revival is changing the real estate game With all three film studio partners in place — Lionsgate, Netflix and Paramount — and three separate production facilities being built, New Jersey has cemented its return … Continue reading →

Posted in Economics, New Jersey Real Estate | 89 Comments

Costs a little more to be rich now

Posted on November 22, 2025 by grim

From Redfin: U.S. Luxury Home Prices Jump 5.5% in October, Triple the Pace of Non-Luxury Homes U.S. luxury home sale prices rose 5.5% year over year to a median $1.28 million, a record high for the month of October. Luxury … Continue reading →

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

Gridlock

Posted on November 21, 2025 by grim

From CNBC: Existing home sales see small October gain, but supply is now dropping Improvement in mortgage rates at the end of the summer boosted home sales, but that gain may be short-lived. Sales of previously owned homes in October … Continue reading →

Posted in Housing Bubble, National Real Estate | 104 Comments

It’s a buyer’s market…if you are rich

Posted on November 20, 2025 by grim

From CNBC: Housing numbers point to an unusually strong buyer’s market. There’s a catch This is the strongest buyer’s market in housing in more than a decade.  That’s the headline on a new report from Redfin, a real estate brokerage … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble | 92 Comments

Going to Pittsburgh

Posted on November 19, 2025 by grim

From Fox News: This is the most affordable city in the US Realtor.com economists determined in a recent report that Pittsburgh is the lowest-priced large housing market in the U.S. In October, the median listing price of a home in … Continue reading →

Posted in Demographics, Economics, National Real Estate | 140 Comments

Sounds Rosy

Posted on November 18, 2025 by grim

From the Realtors: NAR Predicts Double-Digit Growth in Home Sales in 2026 With Prices Rising 4% The U.S. housing market will finally turn the corner in 2026, with a double-digit increase in home sales supporting a 4% increase in home prices, … Continue reading →

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

The 50y mortgage in one chart

Posted on November 17, 2025 by grim

From Sherwood, hat tip Ritholtz:

Posted in Demographics, Economics, Housing Bubble, Mortgages, Risky Lending | 47 Comments

A little bit of fraud makes the market go round

Posted on November 15, 2025 by grim

From National Mortgage Professional: As Home Prices Slip, Mortgage Fraud Risk Intensifies As rates ease and overall mortgage applications have risen 8% from Q2 2025 to Q3 2025, Cotality took a deeper look at mortgage fraud risk instances nationwide in Q3 in … Continue reading →

Posted in Housing Bubble, Mortgages, Risky Lending | 88 Comments

No problems, nothing to see here

Posted on November 14, 2025 by grim

From Mortgage Orb: Foreclosure Starts, REOs Continued to Rise in October There were 25,129 foreclosure starts nationwide in October, an increase of 6% compared with September and up 20% compared with October 2024, according to ATTOM’s U.S. Foreclosure Market Report. States … Continue reading →

Posted in Economics, Employment, Foreclosures, Mortgages, National Real Estate | 81 Comments

Ain’t the same market anymore

Posted on November 13, 2025 by grim

From USA Today: It’s not a seller’s housing market anymore. Some sellers don’t agree. After a stretch of several years in which the housing market has felt anything but normal, buyers, sellers and real estate agents are now adjusting to … Continue reading →

Posted in Housing Bubble, National Real Estate | 76 Comments

NYers can’t afford Mamdani’s City.

Posted on November 11, 2025 by grim

From Fox News: New Yorkers hunt for homes outside the city as living costs soar High taxes, surging rents and the overall increase in cost-of-living expenses are causing some New Yorkers to search for a new home outside the Big … Continue reading →

Posted in Demographics, Economics, Employment, Unrest | 133 Comments