Author Archives: grim

Uh Oh

Posted on January 21, 2025 by grim

From HousingWire: Home sales are stalled with 7% mortgages New contracts for home purchases are coming in very low this month. We counted 10% fewer home sales for the week than the same week a year ago. In the fourth … Continue reading →

Posted in Demographics, Economics, Housing Bubble, Mortgages, National Real Estate | 48 Comments

Trump fix housing?

Posted on January 18, 2025 by grim

From Yahoo Finance: Trump will inherit a housing market creaking under the strain of high prices and high interest rates President-elect Donald Trump is inheriting a housing market that looks nothing like it did in his first term. Affordability, measured … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 116 Comments

NJ Economic Predictions 2025

Posted on January 15, 2025 by grim

From Princeton Perspectives: 2025 New Jersey Economic Outlook Real Estate – In real estate, the housing market could see moderate growth, however, housing affordability will remain a challenge. New Jersey’s municipalities are currently contemplating the impact of having to come … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate, Politics | 123 Comments

Go Long on Greenland?

Posted on January 14, 2025 by grim

Real estate opportunity of a lifetime? From the Hill: 1 poll finds majority of Greenland respondents support joining US A new survey found that a majority of Greenland respondents support joining the United States. According to a poll by Patriot Polling released … Continue reading →

Posted in National Real Estate, New Development | 71 Comments

Will they get paid? Will they rebuild?

Posted on January 13, 2025 by grim

From MSN: Their Wealth Is in Their Homes. Their Homes Are Now Ash. Sylvia Sweeney and her husband, Bob Honeychurch, bought their three-bedroom home nestled in the foothills of the San Gabriel Valley for $780,000 in 2009. At the start … Continue reading →

Posted in Crisis, Economics, National Real Estate | 72 Comments

Jobs Day!

Posted on January 10, 2025 by grim

From CNN: What to expect from the final jobs report for 2024 In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019. Through November, the … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 80 Comments

Clifton is … hot?

Posted on January 9, 2025 by grim

From the Record: Clifton is one of the hottest towns in New Jersey for homebuying. Here’s why While not much farther from New York than Bergen, many Passaic communities feature more spacious neighborhoods and are known for beloved nature spots, … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 54 Comments

Jersey Payday

Posted on January 8, 2025 by grim

From the APP: NJ property values have soared since COVID. Which towns have seen the biggest increases? The top 10 municipalities with the highest increases in average property value from 2018 to 2023 include:

Posted in Housing Bubble, New Jersey Real Estate, Where's the Beef? | 54 Comments

December Market Update

Posted on January 6, 2025 by grim

A new thread for ChiFi, from the Bergen Record: How did North Jersey’s real estate market finish off 2024? Our December market update Real estate activity in New Jersey slowed down as 2024 came to an end, with the state … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 125 Comments

Build Baby Build

Posted on January 3, 2025 by grim

From RENJ: Judge: State can continue rollout of affordable housing law, pending outcome of legal challenge A judge has denied a request by some two dozen towns to halt the rollout of New Jersey’s new affordable housing law, in a … Continue reading →

Posted in Demographics, Economics, Housing Bubble, New Development, New Jersey Real Estate, Politics | 63 Comments

Innovation HQ to Housing – the NJ Way

Posted on January 2, 2025 by grim

From the Star Ledger, Hat Tip Juice: Bell Labs marks 100th birthday as iconic N.J. company prepares for huge move The sprawling Murray Hill campus on Mountain Avenue was a bustling center for innovation in suburban Union County for decades. … Continue reading →

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

Predictions 2025!

Posted on December 28, 2024 by grim

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

Posted on December 24, 2024 by grim

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

Posted on December 23, 2024 by grim

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

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 | 132 Comments