Category Archives: Housing Bubble

Uh Oh

Posted on January 21, 2025 by grim

From HousingWire: Home sales are stalled with 7% mortgages New contracts for home purchases are coming in very low this month. We counted 10% fewer home sales for the week than the same week a year ago. In the fourth … Continue reading →

Posted in Demographics, Economics, Housing Bubble, Mortgages, National Real Estate | 48 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

Jersey Payday

Posted on January 8, 2025 by grim

From the APP: NJ property values have soared since COVID. Which towns have seen the biggest increases? The top 10 municipalities with the highest increases in average property value from 2018 to 2023 include:

Posted in Housing Bubble, New Jersey Real Estate, Where's the Beef? | 54 Comments

Build Baby Build

Posted on January 3, 2025 by grim

From RENJ: Judge: State can continue rollout of affordable housing law, pending outcome of legal challenge A judge has denied a request by some two dozen towns to halt the rollout of New Jersey’s new affordable housing law, in a … Continue reading →

Posted in Demographics, Economics, Housing Bubble, New Development, New Jersey Real Estate, Politics | 63 Comments

Welcome to ’95

Posted on December 24, 2024 by grim

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

Luxe Jersey

Posted on December 17, 2024 by grim

From HousingWire: Pacaso’s top markets for luxury vacation homes are in New Jersey and Florida Despite rising home prices and mortgage rates, second-home investors overtook a select group of vacation real estate markets. This week, online marketplace Pacaso highlighted counties in New Jersey, Florida and Massachusetts as leading markets for … Continue reading →

Posted in Housing Bubble, New Jersey Real Estate, Shore Real Estate, South Jersey Real Estate | 86 Comments

What the ‘experts’ think

Posted on December 12, 2024 by grim

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

5 predictions for 2025

Posted on December 9, 2024 by grim

From CNBC: What to watch for in 2025 housing market predictions  Housing is not cheap — whether you’re buying or renting.  In October, the median sales price for a single-family home in the U.S. was $437,300, up from $426,800 a month prior, according to the … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 60 Comments

Forecast down?

Posted on December 6, 2024 by grim

From Seeking Alpha: US home prices expected to fall further than previously forecast, Fannie Mae says U.S. home prices are expected to slow further than previously forecast next year and in 2026, according to Fannie Mae’s (OTCQB:FNMA) latest Home Prices Expectations … Continue reading →

Posted in Demographics, Economics, Housing Bubble, Mortgages, National Real Estate | 71 Comments

NJ takes top spot in price growth

Posted on December 5, 2024 by grim

From CoreLogic: US Home Price Insights –  December 2024 Home prices nationwide, including distressed sales, increased year over year by 3.4% in October 2024 compared with October 2023. On a month-over-month basis, home prices increased by 0.02% in October 2024 … Continue reading →

Posted in Housing Bubble, National Real Estate, New Jersey Real Estate | 65 Comments

Welcome to prediction season!

Posted on December 4, 2024 by grim

From Business Insider: 4 predictions for the US housing market in 2025, according to Zillow Here are four predictions Zillow has for next year’s market. 1. Rising home sales Olsen said the housing market was slowly becoming “unstuck,” a trend … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 70 Comments

October sales … UP!

Posted on November 22, 2024 by grim

From CNBC: Home sales surged in October, just before mortgage rates jumped A sharp drop in mortgage rates brought homebuyers off the fence in October after a slow summer. Sales of previously owned homes last month rose 3.4% from September … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 128 Comments

Greedy boomers living too long

Posted on November 19, 2024 by grim

From Fortune: The ‘Oracle of Wall Street’ says home prices need to fall 20% to end the ‘generational schism’ Baby boomers own more homes than millennials and Gen Zers, creating a “generational schism” in the world of housing, according to … Continue reading →

Posted in Crisis, Demographics, Economics, Housing Bubble, Humor, National Real Estate | 170 Comments

Florida falls first?

Posted on November 13, 2024 by grim

From the NY Post: Florida’s crumbling home prices haven’t been this bad since 2011 Florida’s sun-soaked southwestern coast, known for its wealthy enclaves and retirement appeal, is grappling with the steepest home price drops in more than a decade.  From Sarasota’s luxury … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 139 Comments

No Crash?

Posted on November 11, 2024 by grim

From Bankrate: Is the housing market going to crash? What the experts are saying The U.S. housing market had finally started slowing in late 2022, and home prices seemed poised for a correction. But a strange thing happened on the … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 63 Comments