Category Archives: General

Housing hit a wall?

From CNBC: Housing boom may be cooling as weekly mortgage demand drops again High prices and low supply are finally taking some of the heat out of the housing market. Even with interest rates falling slightly, mortgage application volume fell … Continue reading

Posted in General | 290 Comments

Next group up

From NJ101.5: NJ children are testing how well Pfizer’s COVID vaccine works One of the main reasons why Gov. Phil Murphy has ordered children to wear masks at summer camps and when school begins in the fall is because no … Continue reading

Posted in General | 247 Comments

Sandy who?

From the WSJ: Full-Time Residents Flock to Jersey Shore  Nearly a decade after superstorm Sandy ravaged the Jersey Shore, economic development is thriving as the Covid-19 pandemic led to a wave of people moving to coastal communities full time. On a recent afternoon, … Continue reading

Posted in General | 172 Comments

Getting NJ back to work

From ROI-NJ: N.J. is reopening. We must now work together to rebuild the economy For months, the New Jersey Chamber of Commerce and the state’s business community have been urging Gov. Phil Murphy to reopen the state, where justified by the medical metrics, and let … Continue reading

Posted in General | 53 Comments

Pay Up Sucker

From the Star Ledger: Live in N.J.? You’ll pay more in taxes over a lifetime than anywhere else, study says Live in New Jersey? It will cost you. New Jerseyans will pay an average of $931,698 in taxes over their lifetimes, more … Continue reading

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Existing Home Sales Drop (again)

From CNBC: April existing home sales drop, marking three straight months of declines Sales of existing homes dropped 2.7% in April from March to a seasonally adjusted annualized rate of 5.85 million units, according to the National Association of Realtors. … Continue reading

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Borrow borrow borrow

From CNBC: Homebuyers are applying for ever bigger mortgages as home prices soar Sky-high home prices mean demand for ever bigger mortgages, but those prices may also be causing a pullback in homebuying overall. Mortgage applications to purchase a home … Continue reading

Posted in General | 174 Comments

Market getting toppy?

From the Star Ledger: What happens if the appraisal is lower than your offer? Here’s what N.J. real estate agents say. More homes are under-appraising in this quick-changing market for two reasons, he said. “The first being there are no … Continue reading

Posted in General | 221 Comments

C19 Open Discussion Week 63b

Updated Vaccination by Age Range for NJ:5/8 vs 5/13 At Least 1 DoseTotal Pop: 9.2m Total 1st Doses: 4.5m – 49% of total pop (Up from 48%) – Bloomberg reporting 55% 16-17 – 240k population – 45k dosed – 19% … Continue reading

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Probably going to regret this

From Property Shark: COVID-19 was a complete game-changer in many areas, including the real estate market. Many New Yorkers sought alternatives to city life and, although prices for homes in New York City remained steady, the number of transactions dropped by … Continue reading

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C19 Open Discussion Week 62

Updated Vaccination by Age Range for NJ:4/30 vs 5/8 At Least 1 DoseTotal Pop: 9.2m (UPDATED FOR NEW CENSUS)Total 1st Doses: 4.4m – 48% of total pop (Up from 46%) – Bloomberg reporting 54% 16-17 – 240k population – 44k … Continue reading

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NJ’s craft vax scene

34 NJ breweries now offering free beer for COVID vaccines Another 21 breweries in the state are offering free beer to anyone over the age of 21 who gets their first COVID-19 vaccine in May, according to Gov. Phil Murphy, … Continue reading

Posted in General | 220 Comments

Crazy price jumps

From the Star Ledger: The average price of an N.J. home is $100K more than what it was last year The average price of a single family home in New Jersey has increased almost $100,000 in the past year, according … Continue reading

Posted in General | 221 Comments

C19 Open Discussion Week 61

Updated Vaccination by Age Range for NJ:4/27 vs 4/30 At Least 1 DoseTotal Pop: 9.2m (UPDATED FOR NEW CENSUS)Total 1st Doses: 4.3m – 46% of total pop (Flat from 46%) – Bloomberg reporting 52% 16-17 – 240k population – 43k … Continue reading

Posted in General | 143 Comments

C19 Open Discussion Week 60c

From the Star Ledger: N.J. will see ‘accelerating opening up of the state’ with announcements soon, Murphy says Gov. Phil Murphy said Wednesday he’ll have “more news on Monday” about further lifting New Jersey’s coronavirusrestrictions after news that neighboring New York is taking … Continue reading

Posted in General | 181 Comments