Category Archives: Demographics

50 years of affordable housing

Posted on March 25, 2025 by grim

Fromt the APP: NJ built 400K affordable homes since Mount Laurel decision 50 years ago; it’s not enough On the 50th anniversary of New Jersey’s landmark affordable housing court decision, Gov. Phil Murphy on Monday praised the civil rights activists … Continue reading →

Posted in Demographics, Economics, Employment, New Development | 377 Comments

Can’t buy, can’t rent

Posted on March 24, 2025 by grim

From the Record: North Jersey’s rental market is among the hottest in the nation. How it compares to 2024 Despite experiencing an end-of-year lull, North Jersey has reclaimed its spot as one of the nation’s most competitive rental markets at … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate | 38 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

February home sales surprise

Posted on March 21, 2025 by grim

From CNBC: February home resales jump much more than expected, despite higher mortgage rates Sales of previously owned homes in February rose 4.2% from January to 4.26 million units on a seasonally adjusted, annualized basis, according to the National Association … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 105 Comments

Lower expectations for 2025 home price growth

Posted on March 20, 2025 by grim

From FastCompany: Housing market map: Zillow once again downgrades its 2025 home price forecast On Tuesday, Zillow economists published their updated forecast model, projecting that U.S. home prices, as measured by the Zillow Home Value Index, will rise 0.8% between … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 105 Comments

Florida Fades

Posted on March 17, 2025 by grim

From Yahoo Finance: Not just condos: Florida’s housing market is softening, especially along the southwest coast Florida’s pandemic-era housing boom is finally starting to fade. For-sale inventory in the state has reached the highest levels on record, and homes are … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 43 Comments

NJ adds jobs in January

Posted on March 14, 2025 by grim

From NJBIA: NJ January Jobless Rate Stays Flat at 4.6%  New Jersey private-sector employers added 5,900 jobs during January, but significant losses in the public sector were primarily responsible for an overall drop in total employment to 4,387,700, according to … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 92 Comments

Where was COVID’s biggest housing impact?

Posted on March 10, 2025 by grim

From Axios: How the pandemic transformed the housing market in 5 years Home prices skyrocketed Cheap borrowing costs and remote work unleashed a homebuying frenzy early in the pandemic — and sent prices soaring. By the numbers: The median U.S. home price in January was $418,000, … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 166 Comments

To the moon

Posted on March 9, 2025 by grim

From the Realtors: Revealed: America’s Hottest Housing Markets—and Why Some Buyers Are Happily Paying Over Asking in These Popular Spots New Jersey market is heating up Philadelphia, grouped together with parts of New Jersey and Delaware, saw the greatest improvement … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate | 51 Comments

Northeast continues to buck the trend

Posted on March 7, 2025 by grim

From CoreLogic: US Home Price Insights –  March 2025 Home price growth remains largely flat in the U.S. as we come out of winter. Although prices are expected to eek out gains in the coming year, there are stark differences … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate, New Jersey Real Estate | 98 Comments

Spring Market!

Posted on March 6, 2025 by grim

From the Record: Listings in NJ have increased, but remain well below 2024 levels. Our Feb market update The spring market — which has typically been considered the busiest time for real estate — has brought most New Jersey counties … Continue reading →

Posted in Demographics, Economics, Housing Bubble, New Jersey Real Estate | 146 Comments

Crash starts in Florida?

Posted on March 4, 2025 by grim

From the NY Post: Is Florida heading towards a new housing crisis? A housing crisis is brewing in Florida. A confluence of decreased homebuying and increased housing stock has created a perfect storm for would-be sellers in the Sunshine State.  … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 145 Comments

Who makes, who takes

Posted on March 2, 2025 by grim

From Bloomberg: The Blue State-Red State Tax Divide Isn’t Really That Fair The Trump administration’s many attempts over the past couple of weeks to halt federal spending have met mostly with approval from Republicans on Capitol Hill and outrage from … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 55 Comments

Good time to buy?

Posted on March 1, 2025 by grim

From Newsweek: Should You Buy a House in March? Experts Weigh in on Housing Market Heading into March 2025, potential homebuyers are facing significant challenges such as high mortgage rates, rising home prices and inflation. Additionally, factors like the threat … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 68 Comments

NJ Wealth Tax

Posted on February 28, 2025 by grim

From northjersey.com: Is Murphy’s proposal to increase NJ’s ‘mansion tax’ a good thing? Experts have concerns Gov. Phil Murphy’s 2026 fiscal year budget proposal includes $1.2 billion in new sales taxes and fees on things like alcohol, warehouse truck traffic, drones and … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, Politics, Property Taxes | 268 Comments