Category Archives: Demographics

Foreigners can afford it

From Newsweek: America’s High Mortgage Rates Aren’t Deterring Foreign Buyers While many Americans have dropped out of the housing market in recent months, with sales falling year-over-year in six out of the past eight months, the number of foreign buyers … Continue reading

Posted in Demographics, Economics, National Real Estate | 96 Comments

Unaffordable at any rate

From WaPo: The cities where buying a house is most and least affordable as mortgage rates change When mortgage rates dropped to historic lows in 2021, below 3 percent, Britt Vaughan met with a real estate agent and tried to … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, Mortgages | 63 Comments

Sorry about your job

From NJBIA: NJ Unemployment Rate Climbs to 5% in August  New Jersey businesses added 4,900 jobs in August, but the unemployment rate climbed to 5.0%, the highest it has been in three and a half years, according to preliminary estimates … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 122 Comments

Coming for us next?

From Newsweek: Florida’s Housing Market Has ‘Flipped’ for Homebuyers Florida’s housing market has “flipped” for homebuyers, according to real estate analyst Nick Gerli, but not the way they might have wished for. While the Sunshine State can solidly be considered a … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 204 Comments

Dip in rates gets buyers moving again

Why homebuyers are rushing back sooner than expected There’s good news for prospective homebuyers and current homeowners. Mortgage rates have ticked down in recent weeks. Unsurprisingly, the downtrend has caused the number of mortgage applications to surge, benefiting current homeowners. … Continue reading

Posted in Demographics, Economics, Housing Bubble, Mortgages, National Real Estate | 150 Comments

Will the drop in rates reignite the market?

From the Realtors: August 2025 Monthly Housing Market Trends Report Where Housing Inventory Is Growing the Fastest Inventory increased in all four major U.S. regions in August, but the pace of that growth has slowed recently. At the metro level, all … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 175 Comments

The most valuable market in the world?

From CNN: America’s housing market gained $20,000,000,000,000 in 5 years Buying a home has become increasingly pricey in the past few years. Now, Zillow has put a staggering number to those higher costs: America’s housing market has climbed 57% since … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 93 Comments

Krugman on housing

From Paul Krugman: Yes, America Has a Housing Emergency Something strange may be about to happen. It looks as if Trump officials will soon declare that we face a national housing emergency — and they’ll be telling the truth! We … Continue reading

Posted in Demographics, Economics, Housing Bubble, Politics | 35 Comments

Housing prices to “normalize”

We’ve heard this before… From Fortune: The housing market is no longer a wealth-building engine as home prices continue to slump High home prices and mortgage rates have created unaffordable conditions for many Americans, but the housing market’s ability to … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 115 Comments

Canada – take the money and run

From Mortgage Professional: Canadians are flocking away from the US housing market More than half of Canadians who own US residential properties are considering selling within the next year, according to a Royal LePage survey.   Of those planning to sell, 62% … Continue reading

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

July Market Highlights

From mycentraljersey.com: How the Central Jersey real estate market performed last month New Jersey’s hot real estate market did not cool in July, as the average single-family home sold for $776,166, a 6.6% increase over July 2024. The county with … Continue reading

Posted in Demographics, Economics, Housing Bubble, New Jersey Real Estate | 65 Comments

Tale of two markets

From Parcl Labs: Regional Divide as New Construction Cracks: August Motivated Seller Update This summer Parcl Labs launched the Motivated Seller Index (MSI): a real-time, 0-10 metric scoring seller urgency based on days on market, price-cut frequency, cut velocity, and … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 82 Comments

Praying for a refi

From Fortune: Millennials and Gen Z are gambling on a big mortgage-rate drop, using ARMs and refinancing. But that could be a ‘financial ticking time bomb’ Mortgage rates have remained elevated since 2023 and home prices are at record highs, locking … Continue reading

Posted in Demographics, Economics, Housing Bubble, Mortgages, National Real Estate, Risky Lending | 80 Comments

Buyers Walking Away

From the Hill: Home purchases are getting canceled at a record rate: Redfin Home sales are falling through at the highest rate in years, as record prices, elevated mortgage rates and economic uncertainty lead more buyers to walk away. More than 15 percent … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 52 Comments

Market on Pause

From Fox Business: It’s a buyer’s market and nobody is buying: Where Is Jerome Powell? If you’ve flipped through the real-estate pages lately – or just tried to pull up Redfin or Zillow – something’s glaringly obvious. Nobody’s moving and nobody’s buying homes right now.   Recently, I took a glance on Zillow at one of the hottest markets in Florida, which is Route 30A in … Continue reading

Posted in Demographics, Economics, Housing Bubble, Mortgages, National Real Estate | 58 Comments