Category Archives: Demographics

No national price decline?

From Yahoo Finance: Housing Prices Are Expected to Drop in These Cities — Is Yours One of Them? Housing prices could drop by as much as 10% in many U.S. cities, per Fortune, referencing a new report from Moody’s Analytics. However, the … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 237 Comments

Back to work?

From NJ1015: Extended unemployment insurance to expire for 80,000 NJ workers Eighty-eight weeks of unemployment benefits triggered by the coronavirus pandemic are coming to a close. The New Jersey Department of Labor and Workforce Development announced Thursday that approximately 80,000 New Jersey … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 384 Comments

Worst ever time to buy?

From Gallup: Record Low in U.S. Say It Is a Good Time to Buy a House Thirty percent of U.S. adults say it is a good time to buy a house, down 23 percentage points from a year ago and … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 208 Comments

If you have to ask…

From Fortune: Another housing bubble? ‘We’re skating close to one,’ says Realtor.com economist This might be the hottest housing market ever recorded. Over the past 12 months, U.S. home prices are up a staggering 19.2%. For comparison, in the years leading into the 2008 … Continue reading

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

Nothing to worry about

From Wealth of Common Sense: 4 Reasons the Housing Market Won’t Crash Millennials are the biggest demographic in the country We don’t have enough housing supply No one wants to sell Consumer balance sheets remain strong Discuss.

Posted in Demographics, Economics, National Real Estate | 152 Comments

Expensive everywhere you’d want to live

From Yahoo Finance: Homebuyers just got another grim new statistic: Average home prices in 11 housing markets now exceed $500,000 The U.S. housing market’s half-million dollar club is growing, with more cities than ever posting average home prices above $500,000. … Continue reading

Posted in Demographics, Economics, National Real Estate | 84 Comments

Priced Out

From CNN: Renters are growing pessimistic they will ever own a home as prices keep rising Faced with a white-hot real estate market, renters are losing confidence they will ever own a home. On average only 43.3% of renters expect to … Continue reading

Posted in Demographics, Economics, National Real Estate | 83 Comments

What does 3000 new units look like

From TAP Wayne: Mapping the New Housing Developments in Wayne  This article is to help Wayne residents visualize where each of the proposed new residential developments will be built in Wayne over the next several years. Below, you will find … Continue reading

Posted in Demographics, New Development, New Jersey Real Estate | 63 Comments

NJ Unemployment Falls To 4.2%

From NJ1015: NJ adds 17,800 jobs, with unemployment and labor force down Employers in New Jersey added 17,800 jobs in March, helping push the state’s unemployment rate down by 0.4 percentage points to 4.2%. Eight of the nine major private … Continue reading

Posted in Demographics, Economics, Employment | 97 Comments

Donuts anyone?

From Bloomberg: New Yorkers Plan to Cut Time Spent in the Office by Half, Survey Finds Most New Yorkers who worked from home during the pandemic plan to cut their time in the office by nearly half and spend less … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 233 Comments

The B-Word

From CBS News: Federal Reserve issues warning over “brewing U.S. housing bubble” Homebuyers have faced a tough choice during the pandemic: Swallow rapid price increases and forgo typical steps like house inspections, or risk getting left out of the real estate … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 158 Comments

Did NYC kill NYC?

From the NY Post: NY’s job deficit continues to grow from already high pre-pandemic levels: federal data New York still has 454,000 fewer private-sector jobs than it had two years ago before the coronavirus pandemic hammered the city and state — … Continue reading

Posted in Demographics, Economics, Employment, NYC | 173 Comments

A lot to stomach

From Fortune: The housing market faces its biggest test yet There has been no shortage of theories on how the ongoing housing boom is going to end. Reopening corporate offices were supposed to tamp down on remote workers buying in far-flung places. … Continue reading

Posted in Demographics, Economics, Mortgages, National Real Estate | 294 Comments

NJ Unemployment down to 4.6%

From the APP: NJ has regained nearly 90% of jobs lost to pandemic, and pay is rising too New Jersey employers added 25,900 jobs in February, the state Department of Labor and Workforce Development reported Thursday, continuing the job market’s … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 40 Comments

Where did they all go?

From the NY Post: Startling data reveals how many people have fled NYC during COVID pandemic The Big Apple’s population has been hollowed out during the COVID-19 pandemic — with Manhattan suffering the biggest population decline among all US counties, according to … Continue reading

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