Category Archives: Economics

Rich people drive home prices, not supply

Posted on February 10, 2026 by grim

From Fortune: We may be looking at the housing affordability crisis all wrong. Higher earners are driving home prices, not lack of supply, researchers say According to a recent note written by UC Irvine PhD student Schuyler Louie along with San Francisco … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 61 Comments

NJ leads the nation

Posted on February 4, 2026 by grim

From ROI-NJ: N.J. home price surge bucks national trend of price growth hitting softest rate since Great Recession Cotality, a provider of property information, analytics, and data-enabled solutions, released its Home Price Index for December 2025 data Feb. 3, revealing … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate, New Jersey Real Estate | 138 Comments

Sorry about your job

Posted on February 3, 2026 by grim

From NJ1015: Nearly 2,000 layoffs announced in New Jersey to start 2026 New Jersey has started 2026 with almost two-thousand notable layoffs, revealed by nine employers, so far. Once giant retailer, Macy’s announced a combined 89 layoffs at three New … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 118 Comments

The Bank of Mom and Dad Just Went Ultra-Luxury

Posted on February 2, 2026 by grim

From Yahoo Finance: How $6T In Inherited Wealth Is Transforming the Luxury Real Estate Market As the great wealth transfer shifts from a theoretical forecast to a tangible economic force, demand for luxury real estate is increasing. An estimated $6 … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 91 Comments

Where the hell have you been?

Posted on January 31, 2026 by grim

From the NY Post: Starter homes priced under $300K have vanished in dozens of US cities The American starter home is disappearing fast — and in dozens of cities, it’s already gone. A new Ziffy analysis of active listings across 855 US … Continue reading →

Posted in Demographics, Economics, National Real Estate | 57 Comments

Why banks are salivating over 50 year mortgages

Posted on January 27, 2026 by grim

From AEI: Buying a House Has Become Less Affordable. A 50-Year Mortgage Is Not the Answer. Buying a home increasingly feels out of reach for middle-income households—and for good reason. On a national level, house prices are up over 50 percentsince … Continue reading →

Posted in Economics, Mortgages, National Real Estate | 113 Comments

So much for spring?

Posted on January 25, 2026 by grim

From Newsweek: US housing market gets three bleak signs in first month of 2026 After a year marked by elevated mortgage rates, multifaceted affordability issues and resultingly weak buyer demand, the opening weeks of 2026 have already offered several concerning … Continue reading →

Posted in Demographics, Economics, Housing Bubble, Mortgages, National Real Estate | 306 Comments

Not many in the Northeast either

Posted on January 24, 2026 by grim

From FastCompany: 106 housing markets are seeing falling home prices—and not a single one is in the Midwest

Posted in Economics, Housing Bubble, National Real Estate | 141 Comments

So much for stabilization

Posted on January 23, 2026 by grim

From Wolf Street: Pending Home Sales Plunge across the US. Midwest Sees Worst Sales on Record, Northeast 2nd Worst Pending home sales, which track the number of contracts signed in December, plunged by 9.3% seasonally adjusted from November, to the … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 117 Comments

At least it was an honest day’s work…

Posted on January 22, 2026 by grim

From Jersey Digs: Here’s What’s Next for Newark’s Anheuser-Busch Brewery The iconic Budweiser eagle taking flight from its perch next to the Turnpike earlier this month is the definitive end of an era in Newark. For more than 75 years, the 87-acre … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 110 Comments

Who wins, who loses?

Posted on January 20, 2026 by grim

From Business Standard: Trump heads to Davos to pitch how he’ll make housing more affordable President Donald Trump plans to use a key address Wednesday to try to convince Americans he can make housing more affordable, but he’s picked a … Continue reading →

Posted in Economics, National Real Estate, New Development, Politics | 244 Comments

Prices Up, Inventory Down

Posted on January 19, 2026 by grim

From InsiderNJ: New Jersey Realtors Releases Year-End Housing Data New Jersey’s housing market closed out 2025 with housing prices and buyer demand holding steady, underscoring the resilience of the New Jersey market, according to year-end housing data released by New Jersey … Continue reading →

Posted in Economics, New Jersey Real Estate | 43 Comments

Tick Tick Tick

Posted on January 16, 2026 by grim

From ROI-NJ: U.S., N.J. foreclosure activity increased in 2025 ATTOM, a curator of land, property data, and real estate analytics, said Jan. 15 foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 367,460 U.S. properties … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 79 Comments

Digging ditches never looked better

Posted on January 15, 2026 by grim

From NJ1015: College debt crushing NJ families? Skilled trades are the lifeline For decades, American parents were told that sending their kids to a four-year college was non-negotiable. Baby Boomers and Gen Xers were convinced that higher education was the … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 130 Comments

Don’t bother, you can’t afford it

Posted on January 13, 2026 by grim

From National Mortgage Professional: Home Prices Continue To Outpace Wages, Keeping Affordability Under Pressure ATTOM’s Q4 Home Affordability Report paints a picture of persistent strain for prospective homebuyers across the U.S., even as modest improvements emerged late in the year. The … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble | 82 Comments