Category Archives: Employment

Can’t buy, can’t rent

Posted on March 24, 2025 by grim

From the Record: North Jersey’s rental market is among the hottest in the nation. How it compares to 2024 Despite experiencing an end-of-year lull, North Jersey has reclaimed its spot as one of the nation’s most competitive rental markets at … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate | 2 Comments

Mixed bag for jobs in NJ in Jan

Posted on March 22, 2025 by grim

From NJBIZ: New Jersey posts mixed labor report in January  The New Jersey Department of Labor & Workforce Development is out with the first jobs report of 2025. “New Jersey’s labor market was mixed in January,” said Charles Steindel, former chief economist … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate | 29 Comments

NJ adds jobs in January

Posted on March 14, 2025 by grim

From NJBIA: NJ January Jobless Rate Stays Flat at 4.6%  New Jersey private-sector employers added 5,900 jobs during January, but significant losses in the public sector were primarily responsible for an overall drop in total employment to 4,387,700, according to … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 92 Comments

Where was COVID’s biggest housing impact?

Posted on March 10, 2025 by grim

From Axios: How the pandemic transformed the housing market in 5 years Home prices skyrocketed Cheap borrowing costs and remote work unleashed a homebuying frenzy early in the pandemic — and sent prices soaring. By the numbers: The median U.S. home price in January was $418,000, … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 166 Comments

To the moon

Posted on March 9, 2025 by grim

From the Realtors: Revealed: America’s Hottest Housing Markets—and Why Some Buyers Are Happily Paying Over Asking in These Popular Spots New Jersey market is heating up Philadelphia, grouped together with parts of New Jersey and Delaware, saw the greatest improvement … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate | 51 Comments

Northeast continues to buck the trend

Posted on March 7, 2025 by grim

From CoreLogic: US Home Price Insights –  March 2025 Home price growth remains largely flat in the U.S. as we come out of winter. Although prices are expected to eek out gains in the coming year, there are stark differences … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate, New Jersey Real Estate | 98 Comments

Who makes, who takes

Posted on March 2, 2025 by grim

From Bloomberg: The Blue State-Red State Tax Divide Isn’t Really That Fair The Trump administration’s many attempts over the past couple of weeks to halt federal spending have met mostly with approval from Republicans on Capitol Hill and outrage from … Continue reading →

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

Sounds about right

Posted on February 10, 2025 by grim

From Patch: NJ Residents Struggling To Pay Rent, Mortgages, Study Says: Report If you’re struggling to pay your rent or mortgage on time, you’re not alone. In fact, New Jersey residents are finding it harder than most to manage the … Continue reading →

Posted in Demographics, Economics, Employment, Foreclosures, New Jersey Real Estate, Risky Lending | 86 Comments

First Jobs Report of 2025

Posted on February 7, 2025 by grim

From CNBC: The big January jobs report comes out Friday. Here’s what to expect When the Bureau of Labor Statistics releases its nonfarm payrolls count for January, it is projected to show growth of 169,000, down from 256,000 in December, … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 145 Comments

Sorry Jersey

Posted on February 3, 2025 by grim

From the Record: NJ shut out of Zillow’s top 50 housing markets for 2025. Nobody loves New Jersey more than the people who live here. And with its miles of beaches, sprawling green spaces, highly rated restaurants and proximity to … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate, New Jersey Real Estate | 137 Comments

Simmer Down

Posted on January 31, 2025 by grim

From Redfin: The Typical Home Is Taking Nearly 2 Months to Sell. That’s The Slowest Pace in 5 Years. Homes are selling at their slowest pace since the start of the pandemic, and fewer homes are turning over, as mortgage … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 197 Comments

Jersey City is where we’re growing?

Posted on January 25, 2025 by grim

From NorthJersey.com: One North Jersey city leads the Garden State in housing development. See where While housing inventory across the nation has continued to fall short of meeting the growing demand, certain cities are making bigger strides at closing that … Continue reading →

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 109 Comments

Trump fix housing?

Posted on January 18, 2025 by grim

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 | 116 Comments

NJ Economic Predictions 2025

Posted on January 15, 2025 by grim

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!

Posted on January 10, 2025 by grim

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