Category Archives: Demographics

Clifton #1

Posted on May 20, 2025 by grim

From US News and World Report: Best Places to Live in New Jersey in 2025-2026

Posted in Demographics, New Jersey Real Estate, North Jersey Real Estate | 60 Comments

Unemployment ticks up in NJ

Posted on May 19, 2025 by grim

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

Go West, but not too far west.

Posted on May 16, 2025 by grim

From CBS News: Here’s where it’s toughest for the middle class to find an affordable home Homeownership is considered a mainstay of the American dream, but a shortage of affordable homes is blocking that pathway for many middle-income families, according … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 121 Comments

Foreclosures ticking up (but still low)

Posted on May 15, 2025 by grim

From Realtor.com: 2 Southern States Lead the U.S. With the Highest Number of Foreclosures Foreclosures have continued to inch upward, signaling that homeowners are being squeezed by the high cost of homeownership. There were a total of 36,033 U.S. properties … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 92 Comments

Used houses get even more used

Posted on May 13, 2025 by grim

From Redfin: The Homes Americans are Buying are Older Than Ever The typical home bought in the U.S. hit a record age of 36 years in 2024. That’s nine years older than the median age of homes purchased in 2012, … Continue reading →

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

North Jersey market stats for April

Posted on May 7, 2025 by grim

From the Record: Is the housing market starting to rebalance? How NJ real estate performed in April Of New Jersey’s 21 counties, 13 had an increase in new listings compared with April 2024 and 15 counties had an increase in … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate | 84 Comments

Slowdown? Maybe not.

Posted on May 5, 2025 by grim

From the APP: NJ home prices: Here is what roiling stock market has done to spring 2025 home buying Home buyers continue to descend on the Jersey Shore, shrugging off high mortgage rates, a faltering stock market and economic uncertainty … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate | 56 Comments

Looking Gloomy

Posted on April 29, 2025 by grim

From the Dallas Fed: Growth continues in Texas manufacturing sector, but outlooks worsen Texas factory activity continued to rise in April, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 136 Comments

Dear Mom & Dad…

Posted on April 27, 2025 by grim

From Business Insider: 5 years ago, only 85 US cities had starter homes that cost at least $1 million. Now there are 233. The typical price of a starter home was $1 million or higher in 233 US cities last month, a … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate, New Jersey Real Estate | 41 Comments

Doh!

Posted on April 23, 2025 by grim

From the prestigious journal of economics and social commentary … Cracked: No Middle-Class Family Can Live Like ‘The Simpsons’ Anymore, Census Shows Over the past 36 seasons, The Simpsons has given us episodes about elaborate monorail scams, gun-toting babies and aliens from … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 87 Comments

$500k doesn’t get you paradise

Posted on April 22, 2025 by grim

From NJ1015: The price of paradise: New Jersey’s staggering housing market If you’ve been house-hunting lately in New Jersey, you probably didn’t need a national ranking to tell you it’s expensive. But just in case you were wondering, yep, we officially … Continue reading →

Posted in Demographics, Economics, Housing Bubble, New Jersey Real Estate, Where's the Beef? | 80 Comments

NJ Loses Jobs in March

Posted on April 21, 2025 by grim

From NJBIA: NJ Hiring Slows in March as Jobless Rate Ticks Up to 4.7%  New Jersey had a net loss of 2,700 jobs during the month of March and the state’s unemployment rate increased slightly to 4.7%, according to preliminary … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 95 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

NJ economy softening?

Posted on April 15, 2025 by grim

From nj.com: Layoffs in N.J. double. More than 3,600 jobs are gone this year.  New Jersey saw twice as many layoffs in the first quarter of 2025 than it did last year, even before tariff fears, according to federal labor statistics. There … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 135 Comments