Category Archives: Employment

Not time to drop?

From HousingWire: CoreLogic says U.S. home-price gains will accelerate through 2020 CoreLogic Chief Economist Frank Nothaft said the pace of home-price gains will quicken over the next 12 months as low mortgage rates give buyers the ability to pay more … Continue reading

Posted in Economics, Employment, Housing Bubble, National Real Estate | 81 Comments

July Case Shiller – eh

From HousingWire: Case-Shiller: U.S. home-price gains were lethargic in July July 2019 saw an annual increase of 3.2% for home prices nationwide, matching the previous month’s pace, according to the Case-Shiller Home Price Index from S&P Dow Jones Indices and CoreLogic. The 10-City and 20-City composites reported a 1.6% … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 66 Comments

NJ UE Record Low

From NBC: New Jersey Unemployment Drops to Record Low of 3.2 Percent New Jersey’s jobless rate has fallen to a record low of 3.2 percent. That’s according to the figures released Thursday by the state Labor and Workforce Development Department. … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 52 Comments

Millennials want homes?

From CNBC: Older millennials are driving home prices higher again They may have waited longer than previous generations, but millennials are now showing a strong desire to become homeowners, especially older millennials. That is strengthening overall demand for the limited … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 58 Comments

Look at the bright side America, you can afford to live in Detroit

From HousingWire: These are the nation’s most affordable housing markets for middle-class families The era of unusually affordable housing has ended, meaning America’s housing affordability has returned to average historical levels. While this means homes are no longer cheap on a … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 147 Comments

Good Times in NJ?

From the APP: What recession worries? NJ jobless rate at record low, employers scrounge New Jersey’s job market was flat in July, but even if employers were in hiring mode, they’d have a tough time finding workers to fill the … Continue reading

Posted in Economics, Employment, New Jersey Real Estate | 107 Comments

Will Murphy own this?

From InsiderNJ: GSI Analysis: NJ’s Workforce and Revenue Results Are True Indicators of the State of Our Economy “While a declining unemployment rate is good news, our workforce remaining below 2008 levels is one sign there’s more than meets the … Continue reading

Posted in Economics, Employment, New Jersey Real Estate, Politics | 42 Comments

We are so f&cked

From NJ Spotlight: AS MURPHY TAKES BOW FOR RECORD LOW UNEMPLOYMENT, CRITICS FEAR FUTURE SHOCK How much have Gov. Phil Murphy’s policies to do with the state’s unemployment rate, which recently dropped to the lowest level on record? A whole … Continue reading

Posted in Economics, Employment, New Jersey Real Estate, Politics | 42 Comments

May Case Chiller

From Marketwatch: Home prices continue to slow in May, Case-Shiller says The numbers: Home price inflation slowed further in May as the S&P CoreLogic Case-Shiller 20-city index rose 0.1% in May compared with April on a seasonally adjusted basis. On an … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 60 Comments

Sorry, no homes for you

From HousingWire: Millennials want to buy homes, but their wallets are saying no As summertime heats up, it’s safe to say that spring has officially come to an end. But while its cooler days may be behind us, data says … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 83 Comments

NJ bounces back

From the APP: NJ jobs: Unemployment rate drops to record low 3.5%, leaving employers in a pinch While help-wanted signs abound, employers say they are scrambling to fill jobs in an exercise that could get more difficult as the giant … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 31 Comments

Most stable market in…forever?

From CNBC: Housing-market distress is at its lowest in at least 20 years — can it hold?  In the aftermath of the housing crisis, lenders and regulators clamped down hard to make sure we’d never have another bubble like the … Continue reading

Posted in Demographics, Economics, Employment, Foreclosures, National Real Estate | 98 Comments

Industrial is hot in NJ

From GlobeSt: NJ’s Industrial Market Continues to be a Record-Breaker The industrial real estate market in New Jersey continues to see strong demand, higher rents and low availabilities. Commercial brokerage firm CBRE in its latest market report on the industrial … Continue reading

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 19 Comments

Maybe we should have chosen another option?

From the Press of Atlantic City: NJ wage support complicated, less effective than stronger economy New Jersey lawmakers have hobbled the state economy with the worst business tax and regulatory climate in America. That costs residents a lot of prosperity … Continue reading

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

NJ’s glimmer of hope

From the Star Ledger: Wages up, unemployment down in N.J.’s largest counties as economic recovery continues Wages in Mercer County rose by 7.1 percent last year, the largest increase in New Jersey and one of the biggest in the country, … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 72 Comments