Category Archives: Economics

No Fresh Meat

Posted on November 6, 2025 by grim

From MSN: America’s first-time homebuyers are disappearing. That’s bad news for real estate. By the time she turned 40, Suzie Payne had resigned herself to the fact that she would never be able to buy a home. While her friends spent … Continue reading →

Posted in Crisis, Demographics, Economics, National Real Estate | 153 Comments

Hollowing Out

Posted on November 4, 2025 by grim

From Fortune: Both subprime and super prime loans are on the rise, signs of a K-shaped economy that is a ‘prescription for real trouble’ The share of consumers taking out the riskiest form of loans has reached its highest peak … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, Mortgages, National Real Estate, Risky Lending | 131 Comments

Will Amazon layoffs crash the Washington market?

Posted on October 30, 2025 by grim

From KIRO: Amazon layoff announcement affecting real estate market The real estate market is already starting to feel the impact of the massive layoffs at Amazon as some homeowners and buyers begin scrambling to deal with the fallout. KIRO 7 … Continue reading →

Posted in Crisis, Demographics, Economics, Employment, National Real Estate | 107 Comments

Top?

Posted on October 29, 2025 by grim

From Tap: Are We Nearing the Top of Home Prices in Northern New Jersey? In August, the data showed more homes for sale in Northern New Jersey than we had in both 2023 and 2024. The trend was following the … Continue reading →

Posted in Demographics, Economics, Housing Bubble, Mortgages, New Jersey Real Estate | 105 Comments

Everyone’s a builder now

Posted on October 27, 2025 by grim

From Politico: Homebuilders push new frontier for Fannie and Freddie: Construction loans Homebuilders are using President Donald Trump’s growing calls for government-controlled Fannie Mae and Freddie Mac to get house construction “going” to push a controversial proposal: getting the mortgage … Continue reading →

Posted in Economics, Housing Bubble, Mortgages, National Real Estate, New Development, Politics | 84 Comments

Peak Agency

Posted on October 25, 2025 by grim

From the Baylor Lariat (?): America has too many real estate agents Real estate agents do add value by connecting buyers and sellers more meaningfully than a quick online search, and by taking the lead on contracts and negotiations, which … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 120 Comments

Thanks Mamdani

Posted on October 23, 2025 by grim

From Newsweek: New Jersey Housing Market Could Be Disrupted by Zohran Mamdani The New Jersey and surrounding housing markets could be impacted by the potential election of New York City mayoral candidate Zohran Mamdani. Mamdani’s policies largely aim to break from establishment norms as … Continue reading →

Posted in Demographics, Economics, Gold Coast, Housing Bubble, New Jersey Real Estate, NYC | 93 Comments

We’re going to need more money

Posted on October 21, 2025 by grim

From nj.com: This N.J. home sold in hours and broke a price record A newly built house in Paramus — which sold in just hours — set a price record for a residential sale in the Bergen County borough. The … Continue reading →

Posted in Demographics, Economics, Housing Bubble, New Jersey Real Estate | 115 Comments

Who won the long game?

Posted on October 20, 2025 by grim

Worth the click through – From The Washington Post: The cities where home prices have changed the most (and least) over the past 130 years We love historical data! Nothing tickles our fancy more than a line chart with dates … Continue reading →

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

No Tunnel?

Posted on October 17, 2025 by grim

From nj.com: Trump ‘terminates’ $16 billion Hudson River tunnel project linking N.J. and N.Y.C. President Donald Trump said he “terminated” the $16 billion Gateway rail tunnel under the Hudson River in a surprise statement made during press conference Wednesday as tense negotiations over the … Continue reading →

Posted in Economics, Employment, New Development, New Jersey Real Estate, NYC, Politics | 88 Comments

Movin’ on up

Posted on October 16, 2025 by grim

From National Mortgage Professional: Sellers Get Real About Prices Lowering the listing price is becoming the norm for sellers, as the market doldrums linger. But sellers in the lower price ranges are the most aggressive, according to a new report … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 84 Comments

What slowdown?

Posted on October 15, 2025 by grim

From the NAR: NAR Pending Home Sales Report Shows 4.0% Increase in August  August 2025 National Pending Home Sales August 2025 Regional Pending Home Sales Northeast Midwest South West

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 74 Comments

Can Ciattarelli kill Mount Laurel?

Posted on October 14, 2025 by grim

From Governing: Why Housing Density Has Become a Key Issue in the New Jersey Governor’s Race  Jack Ciattarelli, the Republican candidate for governor of New Jersey, talks a lot about the state’s high cost of living. He talks about housing, … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate, Politics | 114 Comments

Who needs a job?

Posted on October 11, 2025 by grim

From Patch: August Layoffs Skyrocketed In NJ, Despite Added Jobs A massive number of workers were laid off in New Jersey last month, despite the state labor market adding jobs during the same period, according to new data.  Challenger, Grey … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 89 Comments

You don’t make enough money

Posted on October 9, 2025 by grim

From the Joint Center for Housing Studies: HOME PRICES SURGE TO FIVE TIMES MEDIAN INCOME, NEARING HISTORIC HIGHS Last year single-family home prices continued to climb steadily back to record-high multiples of household income. In our most recent State of the … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 79 Comments