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Author Archives: grim
Jersey Market Slows
From NorthJersey.com: With nearly 25% more home listings in May, housing inventory in NJ continues to rise If it feels like you’ve been noticing more for sale signs popping up, it’s not all in your head: Housing inventory across the … Continue reading
Posted in Demographics, Economics, Housing Bubble, New Jersey Real Estate
39 Comments
Jobs Day
From CNBC: Friday’s jobs report likely will show hiring cooled in May. Here’s what to expect There seems little doubt now that hiring slowed considerably in May as companies and consumers braced for higher tariffs and elevated economic uncertainty. The … Continue reading
Posted in Demographics, Economics, Employment
111 Comments
Post Pandemic Hangover
From Newsweek: Denver Faces Pileup of Unsold Homes There are more homes for sale in Denver now than there were before the pandemic, in 2019, as hundreds of listings are piling up in the market amid buyers’ apparent indifference. While … Continue reading
Posted in Demographics, Economics, Housing Bubble, National Real Estate
69 Comments
Can’t lose in real estate
From Realtor.com: Home Prices Are ‘Not on the Verge of a Nuclear Crash’: Economist Projects Modest Price Gains of 3% in 2025 National Association of Realtors® Chief Economist Lawrence Yun has said that he believes home sales will pick up in the second half … Continue reading
Posted in Demographics, Economics, Housing Bubble, National Real Estate
117 Comments
What will tip the market?
From Quartz: America’s housing market is cracking After more than two years of relentless price increases, the fundamentals are shifting. Home prices are starting to fall, unsold inventory is piling up to levels not seen since the 2008 financial crisis, … Continue reading
Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate
64 Comments
Expensive houses going to get even more expensive
From NJ Spotlight News: As housing prices rise, Murphy wants a tax increase With housing prices rising steadily and aggravating affordability concerns, Gov. Phil Murphy wants to hike fees levied on New Jersey’s priciest real estate sales, a tax increase … Continue reading
Bergen goes Blockchain
From The Street: New Jersey just put $240 billion worth of real estate on the blockchain New Jersey’s most populous county, Bergen County, is home to approximately 1 million. Part of the prosperous New York City metropolitan area that is … Continue reading
Posted in Economics, New Jersey Real Estate, Politics
23 Comments
Double up!
From NJ1015: A housing trend that is exploding in NJ Is it the money? Is it the melting pot? It’s both. There is a huge, growing trend happening in New Jersey. Increasingly, families are living in multigenerational households, where three … Continue reading
Case Shiller starts to show red
From Housingwire: Pace of home-price appreciation falls for the second month in a row Home-price appreciation continues to grow in 2025 and another report confirms that. The S&P CoreLogic Case-Shiller Home Price Index for March rose 3.37% year over year. That pace is … Continue reading
Posted in Demographics, Economics, Housing Bubble, National Real Estate
195 Comments
NJ office market tightens
From NJBIZ: Northeast office markets post lower vacancies, higher rents While occupancy rates may be less certain comparatively, a new report finds all Northeastern markets posted vacancy rates below the national average (19.7%) in April. CommercialEdge’s May 2025 Office Market Report, … Continue reading
Posted in Economics, Employment, New Development, New Jersey Real Estate
138 Comments
Will a recession tip the market?
From Barrons: Home Sellers Are Dropping Prices, but Buyers Aren’t Budging. What Could Change That. The number of homes listed for sale this spring has jumped, but as costs remain prohibitive, buyers aren’t returning with the same enthusiasm. A recession … Continue reading
Just needs a little … rejuvenation
From NJ.com: This $4.6 million Jersey Shore house is being marketed as a tear-down If you read the listing for this 125-year-old home for sale in Spring Lake it sounds like it’s being marketed as a tear-down. It’s being called … Continue reading
Jersey Works
From ROI-NJ: Report shows N.J. office market doing better than national average A CommercialEdge report says office vacancy rates in the nation’s central business districts continue to struggle as declining listing rates and high vacancy levels persist as the effects of the … Continue reading
Clifton #1
From US News and World Report: Best Places to Live in New Jersey in 2025-2026
Unemployment ticks up in NJ
From the NJBIA: NJ Unemployment Rate Rises to 4.8% New Jersey employers added 4,800 jobs in April, but the unemployment rate inched up to 4.8%, the highest it’s been in over three years, according to preliminary federal data released Thursday … Continue reading
Posted in Demographics, Economics, Employment, New Jersey Real Estate
60 Comments