Category Archives: Employment

Trump fix housing?

From Yahoo Finance: Trump will inherit a housing market creaking under the strain of high prices and high interest rates President-elect Donald Trump is inheriting a housing market that looks nothing like it did in his first term. Affordability, measured … Continue reading

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

NJ Economic Predictions 2025

From Princeton Perspectives: 2025 New Jersey Economic Outlook Real Estate – In real estate, the housing market could see moderate growth, however, housing affordability will remain a challenge. New Jersey’s municipalities are currently contemplating the impact of having to come … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate, Politics | 123 Comments

Jobs Day!

From CNN: What to expect from the final jobs report for 2024 In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019. Through November, the … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 80 Comments

Clifton is … hot?

From the Record: Clifton is one of the hottest towns in New Jersey for homebuying. Here’s why While not much farther from New York than Bergen, many Passaic communities feature more spacious neighborhoods and are known for beloved nature spots, … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 54 Comments

Innovation HQ to Housing – the NJ Way

From the Star Ledger, Hat Tip Juice: Bell Labs marks 100th birthday as iconic N.J. company prepares for huge move The sprawling Murray Hill campus on Mountain Avenue was a bustling center for innovation in suburban Union County for decades. … Continue reading

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

Predictions 2025!

Break out your crystal ball and let’s hear ’em! Recession / Economic Real Estate Stocks/Securities Commodities Inflation Mortgage Rates Geopolitics Whatever Bragging rights to anyone who nailed it for 2024: Predictions 2024!

Posted in Economics, Employment, National Real Estate, New Jersey Real Estate, Where's the Beef? | 111 Comments

Welcome to ’95

From the NY Post: Home sales rise at fastest pace since March — but market set for worst year since 1995 Sales of previously occupied US homes rose in November to their fastest pace since March with home shoppers encouraged … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, Mortgages, National Real Estate | 37 Comments

What the ‘experts’ think

From Robb Report: Here’s How the Real Estate Market Will Fare Next Year, According to 2025 Housing Forecasts As 2024 draws to a close, it’s time for buyers, sellers, and renters to prepare for what the housing market will have … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 126 Comments

NJ market at risk?

From Newsweek: House Prices Could Fall in Three ‘Vulnerable’ States The housing market is vulnerable to decline in parts of the country with analysis suggesting that prices are more at risk of falling in three specific areas. Real estate experts … Continue reading

Posted in Demographics, Economics, Employment, Foreclosures, National Real Estate, New Jersey Real Estate | 93 Comments

Seller and Buyer Profiles

From the NAR: Profile of Home Buyers and Sellers 2024 First-time home buyers in the last year shrunk to an historic low of just 24 percent of all buyers. Prior to 2008, the share of first-time buyers had a historical … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 55 Comments

NJ home prices up 552% in 40 years

From Axios: Washington home prices rose more than 800% in 40 years

Posted in Demographics, Economics, Employment, National Real Estate | 48 Comments

From the NY Post: Homes for sale in short supply as there’s now 30 renters for every house on the market in US The number of homes for sale for each renter household in the U.S. remains near record lows, … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 55 Comments

Just how many jobs do you need?

Great chart from Visual Capitalist: Mapped: Home Price-to-Income Ratio of Large U.S. Cities

Posted in Demographics, Economics, Employment, National Real Estate | 69 Comments

NJ Makes!

From the APP: NJ manufacturing doing better than you think, making these things you’d never imagine Each month, Unex Manufacturing Inc. executives get a phone call or email from an economic development group in another state — Florida, Texas, South … Continue reading

Posted in Economics, Employment, New Jersey Real Estate | 150 Comments

Jobs Day!

From CNBC: Here’s everything to expect when the September jobs report is released Friday September’s jobs picture is expected to look a lot like August’s — a gradual slowdown in hiring from earlier this year, a modest increase in wages … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 89 Comments