Category Archives: Demographics

Survivorship bias? Literally.

From the NY Post: Single women are outpacing men in homeownership All the single ladies … are buying property.  Indeed, a recent study found that single women are outpacing single men in homeownership.  This new trend has come as a … Continue reading

Posted in Demographics, Economics, National Real Estate | 42 Comments

Sorry West

From the Washington Examiner: Huge hit to home prices in west in 2023, Goldman warns: Phoenix, SF, Seattle Houses in several overheated cities in the western United States will see massive price declines in 2023, researchers at Goldman Sachs predict. In a report … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 79 Comments

Worst behind us?

From the NY Post: Here’s when US home price declines could end, Goldman Sachs says The ongoing plunge in US home prices may be nearing its end, Goldman Sachs analysts said in a note to clients this week. Long-term mortgage … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery, Mortgages, National Real Estate | 120 Comments

Shocker, Americans Misinformed

From the Hill: Survey finds Americans wildly misinformed on housing market  A new survey finds Americans are woefully misinformed about the nation’s mercurial housing market, even as millions of them prepare to buy homes.   Twenty-eight million Americans plan to purchase a … Continue reading

Posted in Demographics, Economics, Humor, New Jersey Real Estate | 84 Comments

Hey 2010!

From Reuters: U.S. home sales slump to 12-year low; glimmers of hope emerging U.S. existing home sales plunged to a 12-year low in December, but declining mortgage rates raised cautious optimism that the embattled housing market could be close to … Continue reading

Posted in Demographics, Economics, Housing Bubble, Mortgages, National Real Estate | 90 Comments

32 months of job growth

From the NJ Department of Labor and Workforce Development: NJ’s Job Gains Continue with Slight Uptick in December New Jersey’s labor market grew slightly in December, adding 1,400 nonfarm jobs to a seasonally adjusted level of 4,265,700, according to preliminary estimates produced … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 58 Comments

You take the good, you take the bad, you take them both, and there you have…

From the Times Union: Hudson Valley housing prices exploded in 2020. What happens now? In the late summer of 2019, when the word “pandemic” was most likely to call up images of the Spanish flu or the Black Death, the … Continue reading

Posted in Demographics, Economics, Employment, NYC | 152 Comments

Is it really so bad?

From Fox Business: Concerns over a ‘white collar recession’ grow as Goldman Sachs, Morgan Stanley, Amazon and others cut jobs Concerns about a “white collar recession” grew Tuesday after Goldman Sachs began to lay off workers as part of a plan to … Continue reading

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

Sales Plunge in November

From Reuters: U.S. existing home sales fall for 10th straight month in November U.S. existing home sales slumped to a 2-1/2 year low in November as the housing market continued to be squeezed by higher mortgage rates. Existing home sales … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 120 Comments

Worrying our way into, and out of, a recession

From CNN: Why recession fears are back: Americans are losing faith From the executive suite to the grocery aisles to the halls of the Federal Reserve, the big question is: Can red-hot inflation be vanquished without tipping the economy into … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 62 Comments

Pretty sure this means no recession…

From Motley Fool: 98% of CEOs Expect a Recession in 12-18 Months Uncertainty has been one of the few consistent themes of recent years. It’s not surprising given that we’re still navigating the aftermath of what was an unprecedented pandemic. … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 97 Comments

Kids these days…

From Business Insider: Gen Z’s finances are already tanking, and we’re not even in a recession yet Young Americans are still spending as the holiday shopping season ramps up, but they’re running out of money. With a recessionpotentially looming next year, it arguably couldn’t … Continue reading

Posted in Demographics, Economics | 80 Comments

October housing market hit a wall

From Mansion Global: October Was a Spooky Month for the U.S. Housing Market Would-be buyers are turning their backs on the turbulent U.S. housing market in droves, according to new data released from Redfin on Monday.  The number of pending … Continue reading

Posted in Demographics, Economics, Mortgages, National Real Estate | 66 Comments

Blip or recession?

From NJ1015: Record streak for New Jersey job growth snapped in October New Jersey’s economy lost jobs in October for the first time in nearly two years, snapping the state’s longest streak of job growth since at least the 1980s. … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 89 Comments

Never a good time to be a first time buyer

From the NYT: ‘It’s Never Our Time’: First-Time Home Buyers Face a Brutal Market First-time buyers account for the smallest share of the market in the 41 years that the National Association of Realtors has tracked such data. In the year from … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 16 Comments