Author Archives: grim

How to afford NJ

Posted on December 19, 2024 by grim

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 | 108 Comments

Luxe Jersey

Posted on December 17, 2024 by grim

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?

Posted on December 15, 2024 by grim

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

Posted on December 12, 2024 by grim

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?

Posted on December 10, 2024 by grim

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

Posted on December 9, 2024 by grim

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?

Posted on December 6, 2024 by grim

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

Posted on December 5, 2024 by grim

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!

Posted on December 4, 2024 by grim

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

Posted on December 3, 2024 by grim

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

What’s it really cost to live here

Posted on November 29, 2024 by grim

From NJ Digest: NJ Residents Pay More in Taxes Than Anywhere in Nation, New Study Finds  New Jersey residents will pay more in taxes over their lifetimes than those in any other state, according to a recent study by Self Financial. … Continue reading →

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

Prices slowing?

Posted on November 27, 2024 by grim

From MarketWatch: Home-price growth has ‘stalled,’ Case-Shiller says  Home prices in the 20 biggest U.S. metropolitan areas lost more steam in September, buckling under the pressure of high mortgage rates and historic unaffordability. The S&P CoreLogic Case-Shiller 20-city house-price index … Continue reading →

Posted in Economics, National Real Estate | 74 Comments

Rethinking outdated public notice requirements

Posted on November 25, 2024 by grim

From the Real Deal: As print publications dwindle, real estate struggles to meet public notice requirements  New Jersey’s largest newspaper, the Star-Ledger, announced last month it would cease print editions beginning early next year. It marks a loss not just … Continue reading →

Posted in National Real Estate, New Jersey Real Estate | 86 Comments

October sales … UP!

Posted on November 22, 2024 by grim

From CNBC: Home sales surged in October, just before mortgage rates jumped A sharp drop in mortgage rates brought homebuyers off the fence in October after a slow summer. Sales of previously owned homes last month rose 3.4% from September … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 128 Comments

Live like Paul Volker

Posted on November 21, 2024 by grim

From the Record: North Jersey home of President Obama’s economic recovery board chair listed for $3.5M Nestled along Park Street, just a few hundred feet from Montclair’s Applegate Farm stands the Tinkham-Volcker house. Listed for sale in early November for … Continue reading →

Posted in Economics, New Jersey Real Estate, North Jersey Real Estate | 99 Comments