Category Archives: Demographics

What the ‘experts’ think

Posted on December 12, 2024 by grim

From Robb Report: Here’s How the Real Estate Market Will Fare Next Year, According to 2025 Housing Forecasts As 2024 draws to a close, it’s time for buyers, sellers, and renters to prepare for what the housing market will have … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 126 Comments

NJ market at risk?

Posted on December 10, 2024 by grim

From Newsweek: House Prices Could Fall in Three ‘Vulnerable’ States The housing market is vulnerable to decline in parts of the country with analysis suggesting that prices are more at risk of falling in three specific areas. Real estate experts … Continue reading →

Posted in Demographics, Economics, Employment, Foreclosures, National Real Estate, New Jersey Real Estate | 93 Comments

5 predictions for 2025

Posted on December 9, 2024 by grim

From CNBC: What to watch for in 2025 housing market predictions  Housing is not cheap — whether you’re buying or renting.  In October, the median sales price for a single-family home in the U.S. was $437,300, up from $426,800 a month prior, according to the … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 60 Comments

Forecast down?

Posted on December 6, 2024 by grim

From Seeking Alpha: US home prices expected to fall further than previously forecast, Fannie Mae says U.S. home prices are expected to slow further than previously forecast next year and in 2026, according to Fannie Mae’s (OTCQB:FNMA) latest Home Prices Expectations … Continue reading →

Posted in Demographics, Economics, Housing Bubble, Mortgages, National Real Estate | 71 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

Basement Voters Swing Election?

Posted on November 15, 2024 by grim

From Fortune: Top real-estate CEO suggests some young people might have voted for Trump because they’re sick of living in their parents’ basements “The young voters who, after years living in their parents’ basement, swung right in this election, will … Continue reading →

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

Florida falls first?

Posted on November 13, 2024 by grim

From the NY Post: Florida’s crumbling home prices haven’t been this bad since 2011 Florida’s sun-soaked southwestern coast, known for its wealthy enclaves and retirement appeal, is grappling with the steepest home price drops in more than a decade.  From Sarasota’s luxury … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 139 Comments

Seller and Buyer Profiles

Posted on November 12, 2024 by grim

From the NAR: Profile of Home Buyers and Sellers 2024 First-time home buyers in the last year shrunk to an historic low of just 24 percent of all buyers. Prior to 2008, the share of first-time buyers had a historical … Continue reading →

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

No Crash?

Posted on November 11, 2024 by grim

From Bankrate: Is the housing market going to crash? What the experts are saying The U.S. housing market had finally started slowing in late 2022, and home prices seemed poised for a correction. But a strange thing happened on the … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 63 Comments

NJ home prices up 552% in 40 years

Posted on November 2, 2024 by grim

From Axios: Washington home prices rose more than 800% in 40 years

Posted in Demographics, Economics, Employment, National Real Estate | 48 Comments

Availability improving?

Posted on October 31, 2024 by grim

From the NAR: October 2024 Monthly Housing Market Trends Report

Posted in Demographics, Economics, National Real Estate | 78 Comments

$700k to live in Staten Island

Posted on October 29, 2024 by grim

From SI Live: Median price of a Staten Island home hits $700,000, report says Staten Island home prices are continuing to rise, according to the latest report from the Staten Island Board of Realtors (SIBOR) — and the median sales price of … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate, NYC | 33 Comments

Posted on October 27, 2024 by grim

From the NY Post: Homes for sale in short supply as there’s now 30 renters for every house on the market in US The number of homes for sale for each renter household in the U.S. remains near record lows, … Continue reading →

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

Want cheaper houses? Build more of them.

Posted on October 25, 2024 by grim

From Yahoo Finance: Homebuyers still price sensitive as mortgage rates climb: Economist Mortgage rates rose for their fourth straight week, the 30-year fixed rate mortgage now sitting at 6.54%. Existing home sales also fell to a 14-year low, the National Association of … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate, New Development | 66 Comments

150,000 new housing units coming

Posted on October 23, 2024 by grim

From JD Supra: New Jersey Releases Fourth Round Affordable Housing Calculations; Identifies Present and Future Need for 150,000 New Units Throughout State The Department of Community Affairs (DCA) has released its “fourth round” affordable housing calculations for the coming decade, … Continue reading →

Posted in Crisis, Demographics, New Development, New Jersey Real Estate | 55 Comments