Author Archives: grim

It’s better here

Posted on November 7, 2025 by grim

From MPA: Inventory surge cools US home prices, but Northeast markets stay strong: Cotality Home prices across the United States continued to lose steam in September as inventory reached its highest level since 2019, according to new data from Cotality. … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Jersey Real Estate | 60 Comments

No Fresh Meat

Posted on November 6, 2025 by grim

From MSN: America’s first-time homebuyers are disappearing. That’s bad news for real estate. By the time she turned 40, Suzie Payne had resigned herself to the fact that she would never be able to buy a home. While her friends spent … Continue reading →

Posted in Crisis, Demographics, Economics, National Real Estate | 153 Comments

Flip flop

Posted on November 5, 2025 by grim

From NJ.com: Democrats flip 6 N.J. counties back to blue, cementing Sherrill’s sweep for governor Six counties that voted for Republican Donald Trump in the 2024 presidial election have flipped blue, early election results show, helping to cement Democrat Mikie Sherrill’s victory for governor of New … Continue reading →

Posted in New Jersey Real Estate, Politics | 133 Comments

Hollowing Out

Posted on November 4, 2025 by grim

From Fortune: Both subprime and super prime loans are on the rise, signs of a K-shaped economy that is a ‘prescription for real trouble’ The share of consumers taking out the riskiest form of loans has reached its highest peak … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, Mortgages, National Real Estate, Risky Lending | 131 Comments

Dallas bank forecloses, skips step called “checking for dead people”

Posted on November 3, 2025 by grim

From WIFR: New homeowner finds body in house shortly after buying property at auction, police say Residents in one Texas community are expressing regret over not doing more to check on a neighbor who was found dead inside her home. … Continue reading →

Posted in Foreclosures, National Real Estate, Where's the Beef? | 52 Comments

Home Thieves

Posted on November 1, 2025 by grim

From nj.com: Realty company to pay $2.8 million settlement over predatory homeowner agreements A Florida-based company agreed to pay $2.8 million to settle allegations it preyed on more than 1,200 struggling New Jersey homeowners, forcing them into “unconscionable” financial agreements, … Continue reading →

Posted in Mortgages, New Jersey Real Estate, Risky Lending, Unrest | 27 Comments

Wouldn’t go that far..

Posted on October 31, 2025 by grim

From the Daily Mail: Panic as home values plummet in half of the biggest US cities Nearly half of America’s biggest cities are now seeing home prices fall — a sign that cracks are spreading through the once-booming housing market.  … Continue reading →

Posted in Housing Bubble, National Real Estate | 113 Comments

Will Amazon layoffs crash the Washington market?

Posted on October 30, 2025 by grim

From KIRO: Amazon layoff announcement affecting real estate market The real estate market is already starting to feel the impact of the massive layoffs at Amazon as some homeowners and buyers begin scrambling to deal with the fallout. KIRO 7 … Continue reading →

Posted in Crisis, Demographics, Economics, Employment, National Real Estate | 107 Comments

Top?

Posted on October 29, 2025 by grim

From Tap: Are We Nearing the Top of Home Prices in Northern New Jersey? In August, the data showed more homes for sale in Northern New Jersey than we had in both 2023 and 2024. The trend was following the … Continue reading →

Posted in Demographics, Economics, Housing Bubble, Mortgages, New Jersey Real Estate | 105 Comments

Prices may have cooled, but not here.

Posted on October 28, 2025 by grim

From Barrons: Home Prices Likely Cooled in August. That’s Good News for Some Buyers. Home price growth likely continued to cool in August. That’s good news for some buyers—while others aren’t feeling the same relief. Home prices nationally likely increased … Continue reading →

Posted in Demographics, Housing Bubble, National Real Estate, New Jersey Real Estate | 83 Comments

Everyone’s a builder now

Posted on October 27, 2025 by grim

From Politico: Homebuilders push new frontier for Fannie and Freddie: Construction loans Homebuilders are using President Donald Trump’s growing calls for government-controlled Fannie Mae and Freddie Mac to get house construction “going” to push a controversial proposal: getting the mortgage … Continue reading →

Posted in Economics, Housing Bubble, Mortgages, National Real Estate, New Development, Politics | 84 Comments

Peak Agency

Posted on October 25, 2025 by grim

From the Baylor Lariat (?): America has too many real estate agents Real estate agents do add value by connecting buyers and sellers more meaningfully than a quick online search, and by taking the lead on contracts and negotiations, which … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 120 Comments

September home sales tick up

Posted on October 24, 2025 by grim

From Reuters: US existing home sales hit 7-month high; affordability remains a challenge U.S. existing home sales increased to a seven-month high in September, but economic uncertainty and a stalled labor market could limit an anticipated boost from easing mortgage … Continue reading →

Posted in Housing Bubble, Mortgages, National Real Estate | 68 Comments

Thanks Mamdani

Posted on October 23, 2025 by grim

From Newsweek: New Jersey Housing Market Could Be Disrupted by Zohran Mamdani The New Jersey and surrounding housing markets could be impacted by the potential election of New York City mayoral candidate Zohran Mamdani. Mamdani’s policies largely aim to break from establishment norms as … Continue reading →

Posted in Demographics, Economics, Gold Coast, Housing Bubble, New Jersey Real Estate, NYC | 93 Comments

If you have to ask…

Posted on October 22, 2025 by grim

From ROI-NJ: Six New Jersey zip codes among the 100 priciest in the nation, according to PropertyShark data Six New Jersey zip codes cracked the 100 most expensive zips in the nation, according to the 10th annual ranking of the … Continue reading →

Posted in Demographics, Housing Bubble, New Jersey Real Estate | 70 Comments