Category Archives: General

Greenwood Lake now hip

From the Star Ledger: Ad-Rock of Beastie Boys, Kathleen Hanna selling lakefront N.J. home, party boat for $975K No sleep till … Jersey? Adam Horovitz, aka Ad-Rock from the Beastie Boys, and riot grrrl singer Kathleen Hanna from the bands … Continue reading

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So, here we are again…

From the Record: ‘A seller’s market’: Here’s where home prices are soaring in NJ even as the pandemic fades On the hunt for a home last summer, Priscilla Gabela and her husband, Antonio Aluotto, gave up after a month. Bidding … Continue reading

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Frenzy!

From CNN: The housing market is on fire. The Fed keeps adding gasoline Bidding wars. All-cash offers. Homes selling for $1 million over asking. The housing boom has officially reached the ridiculous stage. Despite surging home prices that are rising at the fastest pace on … Continue reading

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When will the jobs come back?

From NJ101.5: NJ adds 13,600 jobs in May – but still down 314,000 in pandemic New Jersey’s economy added 13,600 jobs in May but still hasn’t recovered 44% of the jobs that disappeared last March and April when pandemic-related shutdowns … Continue reading

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Race to 70%

Updated Vaccination by Age Range for NJ:6/8 vs 6/14 At Least 1 DoseTotal Pop: 9.2m Total 1st Doses: 5.1m – 55% of total pop (Up from 54%) – Bloomberg reporting 62.6% 12-15 – 450k population – 102k dosed – 23% 1 … Continue reading

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What money?

From News 12: NJ has billions of extra revenue; Republicans accuse Murphy administration of keeping them in the dark After years of scrounging for funding at budget time, New Jersey lawmakers say that the state now has more money than … Continue reading

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Updated Vax Track

Updated Vaccination by Age Range for NJ:5/13 vs 6/8 At Least 1 DoseTotal Pop: 9.2m Total 1st Doses: 5m – 54% of total pop (Up from 49%) – Bloomberg reporting 61.5% 12-15 – 450k population – 100k dosed – 22% 1 … Continue reading

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Herd immunity out of reach?

From the Star Ledger: If almost 20% of N.J. adults don’t get vaccinated, will the state achieve herd immunity? In a Rutgers-Eagleton poll released Thursday, 17% of New Jersey adults said they will not get the COVID vaccine. Nearly half of all parents polled said … Continue reading

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Getting NJ back to work

From NJ1015: Most small businesses across NJ and the U.S. continue to struggle to fill job openings Nearly half of small business owners could not fill job openings last May, according to The National Federation of Independent Business’ monthly jobs report. That is … Continue reading

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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

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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

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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

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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

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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

Posted in General | 281 Comments

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

Posted in General | 62 Comments