Category Archives: Economics

Don’t expect cuts to save housing..

Posted on September 18, 2025 by grim

From Mortgage News Daily: Mortgage Rates HIGHER (Not Lower) After Fed Rate Cut Several things happen on Fed Day–especially on the 4 out of 8 examples with updated rate forecasts from Fed members.  The official announcement of a rate cut … Continue reading →

Posted in Economics, Housing Bubble, Mortgages, National Real Estate | 2 Comments

Coming for us next?

Posted on September 16, 2025 by grim

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

Posted on September 12, 2025 by grim

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

September Home Price Insights

Posted on September 11, 2025 by grim

From Cotality (aka CoreLogic): US home price insights — September 2025 Summertime home sales are sluggish. In July, price growth dipped to 1.4%, which is well below the 2.7% rate of inflation recorded in the Consumer Price Index during that … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 160 Comments

Will the drop in rates reignite the market?

Posted on September 10, 2025 by grim

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?

Posted on September 9, 2025 by grim

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

Poised to fall?

Posted on September 8, 2025 by grim

From Norada: 4 States Dominate as the Riskiest Housing Markets in 2025 As we navigate the housing market in 2025, a clear picture is emerging: California, Florida, Louisiana, and New Jersey are showing the highest levels of risk, according to ATTOM’s … Continue reading →

Posted in Crisis, Economics, Housing Bubble, New Jersey Real Estate | 64 Comments

Krugman on housing

Posted on September 7, 2025 by grim

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

Mortgage rates hit a 5 handle?

Posted on September 6, 2025 by grim

From Quartz: Mortgage rates hit lowest daily level since fall 2024 Following a Friday jobs report that showed a labor market in the red zone, Mortgage News Daily reported that the average for a 30-year fixed rate mortgage dropped to 6.29% Friday. The day … Continue reading →

Posted in Economics, Housing Bubble, Mortgages, National Real Estate | 24 Comments

$20k is the new $10k

Posted on September 5, 2025 by grim

From the Bergen Record: Which North Jersey town is most expensive? Highest average property tax in Bergen, Passaic Top 10 towns in Bergen County Top 10 towns in Passaic County

Posted in Economics, New Jersey Real Estate, Property Taxes | 114 Comments

Housing prices to “normalize”

Posted on September 1, 2025 by grim

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

Posted on August 30, 2025 by grim

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

Posted on August 29, 2025 by grim

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

Posted on August 28, 2025 by grim

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

Posted on August 26, 2025 by grim

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