Author Archives: grim

C19 Open Discussion Week 56c

Weekly COVID Vaccine Allocations – New Jersey

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C19 Open Discussion Week 56b

From the Star Ledger: American Dream mega mall owners default on loan. Lenders to take stake in its other properties. Lenders behind the American Dream mega mall project are in the final stages of taking a 49% stake in two … Continue reading

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C19 Open Discussion Week 56

From Mansion Global: ‘Concerning’ Rise in U.S. Home Prices as Median Reaches Record High Low supply and high demand have pushed U.S. home prices to record levels during the Covid-19 pandemic.  The median sale price for a home in the … Continue reading

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C19 Open Discussion Week 55b

So much traffic…

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C19 Open Discussion Week 55

From ABC 7: Home prices on Long Island skyrocket due to high demand, low inventory The median home selling price on Long Island rose by at least $73,000 throughout the last year, according to broker listing database OneKey MLS, due … Continue reading

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C19 Open Discussion Week 54b

From the Star Ledger: ‘Now is the time’ for schools to reopen, Murphy says as pressure mounts  Gov. Phil Murphy urged more New Jersey schools to return to in-person learning Wednesday, just days after rallying parents placed blame for lingering closures squarely at … Continue reading

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C19 Open Discussion Week 54

From the Star Ledger: N.J. could soon face a historic housing crisis. A city devastated by COVID-19 might be the epicenter. Thousands of families forced from their homes. Homelessness at historic levels. A city already devastated by COVID-19 facing yet … Continue reading

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C19 Open Discussion Week 53b

From Politico: Soaring home prices are starting to alarm policymakers  The booming housing market helped stave off economic collapse in 2020. But soaring prices are starting to worry policymakers, who fear the market could lock a generation of would-be buyers … Continue reading

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C19 Open Discussion Week 53

From NJ Best: Trendy N.J. suburbs urbanites have their eye on thanks to the pandemic New Jersey is hot.  New Jersey real estate, that is.  Close observers of the housing market in the Garden State eagerly pointed out areas and … Continue reading

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C19 Open Discussion Week 52b

From NJ Spotlight: NJ’s housing market is booming. How long will that last? The pandemic brought with it a number of unexpected economic surprises, among them a booming housing market in much of New Jersey, with low inventory and intense … Continue reading

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C19 Open Discussion Week 52

Wow. From the NYT: F.D.A. Clears Johnson & Johnson’s Shot, the Third Vaccine for U.S.  The Food and Drug Administration on Saturday authorized Johnson & Johnson’s single-shot Covid-19 vaccine for emergency use, beginning the rollout of millions of doses of … Continue reading

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C19 Open Discussion Week 51c

From ABC News: U.S. home prices rise 10.1% in December, fastest since 2014 U.S. home prices surged at the fastest pace in nearly seven years in December, fueled by low mortgage rates and Americans moving from crowded urban areas to … Continue reading

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C19 Open Discussion Week 51

From Barrons: Four Things to Know About the Housing Market in 2021 Last year was an exceptional one for the housing market, which boomed in the second half. The National Association of Realtors’ January existing-home-sales data show the continuation of some … Continue reading

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C19 Open Discussion Week 50c

From CBS: Biden extends foreclosure ban for federally backed mortgages until June 30 President Joe Biden is extending a ban on housing foreclosures to June 30 to help homeowners struggling during the coronavirus pandemic. The moratorium on foreclosures of federally guaranteed … Continue reading

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C19 Open Discussion Week 50b

From the Star Ledger: Finding a summer rental at the Jersey Shore might be harder than ever this year  If you’re thinking about renting a house at the Jersey Shore this summer, brokers have one piece of advice for you: … Continue reading

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