Category Archives: Economics

Or will it just tumble down?

Posted on July 11, 2025 by grim

From ROINJ: N.J. to have nation’s 5th-largest homeownership affordability gap by 2030 You don’t have to tell prospective homeowners how difficult it is to buy a house in New Jersey in 2025. The bad news is it’s going to get … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate, New Jersey Real Estate | 89 Comments

Cool or crazy?

Posted on July 9, 2025 by grim

From NorthJersey.com: Is North Jersey’s rental market finally cooling down? How hot the market is so far in 2025 There’s no doubt about it: Finding an apartment, especially an affordable one, in North Jersey is a difficult feat. But believe … Continue reading →

Posted in Demographics, Economics, Housing Bubble, New Development, New Jersey Real Estate | 108 Comments

Last place to buy

Posted on July 7, 2025 by grim

From Yahoo Finance: Pittsburgh, St. Louis, and Detroit holding out as the last affordable housing markets Priced out of your local housing market? It might be time to consider a move to the Midwest. As home prices and mortgage rates … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 70 Comments

Jobs Day!

Posted on July 3, 2025 by grim

From NBC: U.S. job growth expected to have slowed in June as economy sends mixed signals The U.S. economy continues to send mixed signals. On Thursday, the Bureau of Labor Statistics will report job figures for June that may help … Continue reading →

Posted in Economics, Employment, National Real Estate | 131 Comments

Jersey benefits most from SALT cap increase

Posted on July 2, 2025 by grim

From Axios: Some homeowners could see tax breaks if Trump’s bill passes

Posted in Demographics, Economics, National Real Estate, New Jersey Real Estate, Property Taxes | 61 Comments

Sorry Millionaires

Posted on June 30, 2025 by grim

From WHYY: Why are New Jersey housing costs continuing to rise — and who should pay for affordable housing? On Monday, the New Jersey Legislature is expected to give final approval to the state’s fiscal year 2026 spending plan. The $58.8 … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, Politics, Property Taxes | 76 Comments

Strongest market in the country?

Posted on June 24, 2025 by grim

From NJ.com: N.J.’s new home listings drop while these states see them skyrocket Fewer homes hit New Jersey’s housing market last month compared to the same time last year, according to the latest figures from Realtor.com. A total of 9,508 … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 108 Comments

Zillow revises down annual home price forecast

Posted on June 23, 2025 by grim

From Fast Company: Housing market map: Zillow just released its updated home price forecast for 400-plus housing markets Heading into the year, Zillow economists forecasted that U.S. home prices ​​were likely to rise 2.6% in 2025. However, this year, the housing market—in … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 55 Comments

I’ll die before I sell you my home

Posted on June 21, 2025 by grim

From the Hill: 1 in 3 baby boomers say they’ll never sell home: Redfin About a third of baby boomers who own their homes don’t expect to ever part with them, according to a new poll. The survey, which was conducted by … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 30 Comments

We’re all millionaires now

Posted on June 19, 2025 by grim

From Mansion Global: Rising Home Prices Are Creating More ‘Everyday Millionaires’ More than 1,000 Americans a day became millionaires last year, according to a report from UBS released on Wednesday.  The number of worldwide millionaires, measured in U.S. dollars, rose … Continue reading →

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

Buyers giving up?

Posted on June 18, 2025 by grim

From MarketWatch: Bye-bye bidding wars: Housing market becomes more buyer-friendly as more sellers slash prices Home sellers this spring have been frustrated by a slower-than-normal housing market. That could set up a summer of deals for buyers. Housing inventory is … Continue reading →

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

April rebound?

Posted on June 16, 2025 by grim

From Kiplinger: Kiplinger Housing Outlook: Monthly Home Price Growth Falls for First Time Since 2023 Home prices continue to push higher, but at a slower pace. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, which measures the price of existing … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, Mortgages, National Real Estate | 226 Comments

Your kids can’t afford to be here

Posted on June 15, 2025 by grim

From the NY Post: Here’s how much owning a home in 2030 will cost based on stagnant US salaries The national median home price is projected to climb to $615,103 by decade’s end, while income gains lag behind — leaving … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate | 25 Comments

More homes for sale?

Posted on June 11, 2025 by grim

From NJ.com: N.J.’s housing market heats up: Over 9,000 homes listed  Thousands of homes hit New Jersey’s housing market last month, according to the latest figures from Realtor.com. A total of 9,844 homes were listed statewide in April, making for … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Jersey Real Estate | 184 Comments

Renting Jersey

Posted on June 9, 2025 by grim

From NY Post: Dozens of New Jersey suburbs have more renters than homeowners — more than any other state In the Garden State, signing a deed to buy a home is being outnumbered in certain areas by inking a lease … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 271 Comments