Category Archives: Crisis

Poised to fall?

Posted on September 8, 2025 by grim

From Norada: 4 States Dominate as the Riskiest Housing Markets in 2025 As we navigate the housing market in 2025, a clear picture is emerging: California, Florida, Louisiana, and New Jersey are showing the highest levels of risk, according to ATTOM’s … Continue reading →

Posted in Crisis, Economics, Housing Bubble, New Jersey Real Estate | 64 Comments

Junk it

Posted on August 14, 2025 by grim

From the Real Deal: Why Cuomo is wrong about Mamdani’s rent-stabilized apartment Like any good socialist, Zohran Mamdani is familiar with the Marxist phrase, “From each according to his ability, to each according to his needs.” Mamdani says he was … Continue reading →

Posted in Crisis, Demographics, Economics, NYC, Politics | 104 Comments

Feeling peaky…

Posted on August 4, 2025 by grim

From Calculated Risk: Inflation Adjusted House Prices 2.0% Below 2022 Peak It has been 19 years since the housing bubble peak, ancient history for many readers! In the May Case-Shiller house price index released yesterday, the seasonally adjusted National Index (SA), was … Continue reading →

Posted in Crisis, Economics, Housing Bubble, National Real Estate | 62 Comments

Buyers walking..

Posted on July 23, 2025 by grim

From Redfin: 1 in 7 Pending Home Sales Fell Through Last Month, The Highest June Level on Record Just over 57,000 home-sale agreements nationwide were canceled in June, equal to 14.9% of homes that went under contract that month. That’s … Continue reading →

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

Bye Bye New Buyers

Posted on July 18, 2025 by grim

From Markets Insider: The number of first-time homebuyers is plummeting. Why that’s bad news for the US economy. Economists are always watching the housing market as a barometer for the health of the broader economy, and some see trouble ahead if first-time … Continue reading →

Posted in Crisis, Demographics, Economics, Housing Bubble, National Real Estate | 91 Comments

Nearly half of non-homeowners aren’t considering buying

Posted on May 8, 2025 by grim

From Gallup: Housing Market Perceptions Dampen Homebuying Intentions Homeownership appears to be further out of reach for non-homeowners in the U.S. Two-thirds of these Americans report being priced out of the market, and the smallest percentage recorded in years say … Continue reading →

Posted in Crisis, Demographics, Economics, Housing Bubble, National Real Estate | 100 Comments

Is it really collusion if the data is public?

Posted on April 24, 2025 by grim

From Reuters: New Jersey sues RealPage, says collusion with landlords drives up rents New Jersey sued the property management software company RealPage, accusing it and 10 of the state’s largest landlords of conspiring to drive up residential rents, violating federal … Continue reading →

Posted in Crisis, Housing Bubble, New Jersey Real Estate, Politics | 153 Comments

Uh Oh…

Posted on April 20, 2025 by grim

From Zillow: Zillow Home Value and Home Sales Forecast (April 2025) Zillow’s latest forecast indicates a decline in home values coupled with an increase in existing home sales for 2025. While mortgage rates are in an especially unpredictable period, barring … Continue reading →

Posted in Crisis, Demographics, Economics, Housing Bubble, National Real Estate | 25 Comments

At least we still have the house

Posted on April 12, 2025 by grim

From the WSJ: Americans Have $35 Trillion in Housing Wealth—and It’s Costing Them The extra half a million dollars seemed to come so easily—on paper, at least.  In 2021, Nikole Flores and Rocco Savage bought an 1,800-square-foot home in Miami … Continue reading →

Posted in Crisis, Employment, Housing Bubble, Mortgages | 154 Comments

As goes stocks?

Posted on April 11, 2025 by grim

From NorthJersey.com: Do stock market’s ups and downs impact NJ’s real estate prices? We asked the experts The stock market experienced a historic rally on Wednesday following President Donald Trump’s announcement of a 90-day pause on most tariffs. The rally … Continue reading →

Posted in Crisis, Demographics, Economics, Employment, National Real Estate | 86 Comments

Run Boomer Run

Posted on March 23, 2025 by grim

From Newsweek: Map Shows States Baby Boomers Are Fleeing From Ian Kennedy, a data scientist at JBREC, created a chart identifying where the highest property taxes in the country were in 2023, the latest data made available by the U.S. … Continue reading →

Posted in Crisis, Demographics, Economics, Housing Bubble, National Real Estate, Property Taxes | 25 Comments

Tariffs good for home prices?

Posted on March 5, 2025 by grim

From CNBC: Here’s how tariffs will hit the U.S. housing market From lumber to drywall to appliances to finishings, much of what goes into a U.S. home comes from outside American borders. The cost of those products is about to … Continue reading →

Posted in Crisis, Economics, Housing Bubble, National Real Estate, Politics | 110 Comments

Will federal job cuts pop the bubble?

Posted on February 16, 2025 by grim

From HousingWire: The impact of job cuts on the DC housing market Is the Washington, D.C. housing market facing a sudden collapse ignited by DOGE’s job-cutting? A whirlwind of social media posts from dubious figures has sparked speculation that a large … Continue reading →

Posted in Crisis, Housing Bubble, National Real Estate, Politics | 38 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

Greedy boomers living too long

Posted on November 19, 2024 by grim

From Fortune: The ‘Oracle of Wall Street’ says home prices need to fall 20% to end the ‘generational schism’ Baby boomers own more homes than millennials and Gen Zers, creating a “generational schism” in the world of housing, according to … Continue reading →

Posted in Crisis, Demographics, Economics, Housing Bubble, Humor, National Real Estate | 170 Comments