Author Archives: grim

Or will it just tumble down?

Posted on July 11, 2025 by grim

From ROINJ: N.J. to have nation’s 5th-largest homeownership affordability gap by 2030 You don’t have to tell prospective homeowners how difficult it is to buy a house in New Jersey in 2025. The bad news is it’s going to get … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate, New Jersey Real Estate | 89 Comments

Cool or crazy?

Posted on July 9, 2025 by grim

From NorthJersey.com: Is North Jersey’s rental market finally cooling down? How hot the market is so far in 2025 There’s no doubt about it: Finding an apartment, especially an affordable one, in North Jersey is a difficult feat. But believe … Continue reading →

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

Last place to buy

Posted on July 7, 2025 by grim

From Yahoo Finance: Pittsburgh, St. Louis, and Detroit holding out as the last affordable housing markets Priced out of your local housing market? It might be time to consider a move to the Midwest. As home prices and mortgage rates … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 70 Comments

Sorry Sellers

Posted on July 6, 2025 by grim

From NJ.com: NJ ‘mansion tax’ rates increase under new bill, now are paid by property sellers Multimillion-dollar home sales in the Garden State will be subject to higher fees under the New Jersey mansion tax as part of a new … Continue reading →

Posted in General, New Jersey Real Estate, Politics | 25 Comments

Jobs Day!

Posted on July 3, 2025 by grim

From NBC: U.S. job growth expected to have slowed in June as economy sends mixed signals The U.S. economy continues to send mixed signals. On Thursday, the Bureau of Labor Statistics will report job figures for June that may help … Continue reading →

Posted in Economics, Employment, National Real Estate | 131 Comments

Jersey benefits most from SALT cap increase

Posted on July 2, 2025 by grim

From Axios: Some homeowners could see tax breaks if Trump’s bill passes

Posted in Demographics, Economics, National Real Estate, New Jersey Real Estate, Property Taxes | 61 Comments

Zillow Fights Back

Posted on July 1, 2025 by grim

From Business Insider: The Zillow Blacklist is officially here Pretty much every potential homebuyer looks for houses on the internet, scouring listings for the right facade and envisioning their couch in glossy photos of empty living rooms. A lot of … Continue reading →

Posted in General | 73 Comments

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