Category Archives: Demographics

Priced Out

Posted on April 19, 2022 by grim

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

Posted on April 18, 2022 by grim

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%

Posted on April 15, 2022 by grim

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?

Posted on April 7, 2022 by grim

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

Posted on April 3, 2022 by grim

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?

Posted on March 31, 2022 by grim

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

Posted on March 28, 2022 by grim

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%

Posted on March 26, 2022 by grim

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?

Posted on March 25, 2022 by grim

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

Should I stay or should I go?

Posted on March 24, 2022 by grim

From the Star Ledger: Most residents say N.J. is a good place to live, but a third want to leave, poll shows The majority of New Jerseyans like living here, but more than a third say they’d like to move … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 187 Comments

Uh Oh Time Yet?

Posted on March 22, 2022 by grim

From Marketwatch: ‘The housing market is in the early stages of a substantial downshift’: Home sales may drop 25% by the end of summer, according to this analyst The popular spring home-buying season is just ramping up. But one analyst … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 128 Comments

Top?

Posted on March 19, 2022 by grim

From Yahoo Finance: Sales of U.S. Previously Owned Homes Decline to a Six-Month Low Sales of previously owned U.S. homes fell in February by more than forecast to a six-month low as a limited supply of properties and high prices … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 188 Comments

Sounds familiar

Posted on March 15, 2022 by grim

From Reuters: First-time U.S. home buyers feeling ‘defeated’ by soaring prices, rising rates Brianna Lombardozzi finally has her finances to a point where she might be able to buy a house. But she isn’t feeling great about her odds. Lombardozzi, … Continue reading →

Posted in Demographics, Economics, Employment, Mortgages, National Real Estate | 284 Comments

Sorry New York

Posted on February 22, 2022 by grim

From Fox News: Wall Street’s hybrid work model likely to squeeze New York’s budget Wall Street’s hybrid work week is here to stay and the economic implications on New York City and New York State’s budgets could prove to be devastating. Some of Wall Street’s … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 82 Comments

Why does NJ think it’s even part of the conversation?

Posted on February 18, 2022 by grim

From NJBIZ: NJ rolls out roadmap for 21st century ‘future of work’ State officials on Feb. 17 published a long-awaited slate of recommendations laying out how the New Jersey workforce of the 21st century needs to change in the decades … Continue reading →

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