Category Archives: Housing Bubble

$500k doesn’t get you paradise

Posted on April 22, 2025 by grim

From NJ1015: The price of paradise: New Jersey’s staggering housing market If you’ve been house-hunting lately in New Jersey, you probably didn’t need a national ranking to tell you it’s expensive. But just in case you were wondering, yep, we officially … Continue reading →

Posted in Demographics, Economics, Housing Bubble, New Jersey Real Estate, Where's the Beef? | 80 Comments

Uh Oh…

Posted on April 20, 2025 by grim

From Zillow: Zillow Home Value and Home Sales Forecast (April 2025) Zillow’s latest forecast indicates a decline in home values coupled with an increase in existing home sales for 2025. While mortgage rates are in an especially unpredictable period, barring … Continue reading →

Posted in Crisis, Demographics, Economics, Housing Bubble, National Real Estate | 25 Comments

At least we still have the house

Posted on April 12, 2025 by grim

From the WSJ: Americans Have $35 Trillion in Housing Wealth—and It’s Costing Them The extra half a million dollars seemed to come so easily—on paper, at least.  In 2021, Nikole Flores and Rocco Savage bought an 1,800-square-foot home in Miami … Continue reading →

Posted in Crisis, Employment, Housing Bubble, Mortgages | 154 Comments

Deal time?

Posted on April 7, 2025 by grim

From Yahoo Finance: Builders sitting on a pile of unsold homes are slashing prices and offering mortgage rate deals Homebuilders are sitting on the most unsold homes since the depths of the Great Recession, giving buyers a chance to snag … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate, New Development | 188 Comments

That new build or renovation just got more expensive

Posted on April 3, 2025 by grim

From Politico: Where Trump’s tariffs will really hit home When President Donald Trump unveils his broad slate of new tariffs Wednesday, one industry that typically gets a sympathetic ear from the former real estate magnate is likely to feel especially … Continue reading →

Posted in Economics, Housing Bubble, New Development | 222 Comments

NY Metro Leads US

Posted on March 31, 2025 by grim

From the NY Post: Northeast city sees biggest gain as home sales prices rise again Home sales prices continued to increase through the first month of the new year, with one major metro market in the Northeast boasting the biggest annual gain. … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 97 Comments

Everyone wants to be here

Posted on March 29, 2025 by grim

From the WSJ: This 4-Bedroom Ranch in N.J. Tells You Everything About the Lopsided Housing Market Two houses went on the market for similar prices at about the same time earlier this year. One got 25 offers. The other got … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate | 66 Comments

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 | 38 Comments

Run Boomer Run

Posted on March 23, 2025 by grim

From Newsweek: Map Shows States Baby Boomers Are Fleeing From Ian Kennedy, a data scientist at JBREC, created a chart identifying where the highest property taxes in the country were in 2023, the latest data made available by the U.S. … Continue reading →

Posted in Crisis, Demographics, Economics, Housing Bubble, National Real Estate, Property Taxes | 25 Comments

February home sales surprise

Posted on March 21, 2025 by grim

From CNBC: February home resales jump much more than expected, despite higher mortgage rates Sales of previously owned homes in February rose 4.2% from January to 4.26 million units on a seasonally adjusted, annualized basis, according to the National Association … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 105 Comments

Lower expectations for 2025 home price growth

Posted on March 20, 2025 by grim

From FastCompany: Housing market map: Zillow once again downgrades its 2025 home price forecast On Tuesday, Zillow economists published their updated forecast model, projecting that U.S. home prices, as measured by the Zillow Home Value Index, will rise 0.8% between … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 105 Comments

Home prices rise, at a slower pace

Posted on March 19, 2025 by grim

From Redfin: U.S. Home Prices Grew 0.4% in February, the Slowest Pace Since July U.S. home prices grew 0.4% from a month earlier in February on a seasonally adjusted basis, equal to the slowest pace since July 2024. Home prices … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 67 Comments

Tariffs to push up cost of housing

Posted on March 18, 2025 by grim

From CBS News: Trump tariffs could add more than $9,000 to cost of a new home, builders say resident Trump’s tariff policies could make building or renovating a home in the U.S. more expensive, according to builders.  The rising costs … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate, New Development, Politics | 49 Comments

Florida Fades

Posted on March 17, 2025 by grim

From Yahoo Finance: Not just condos: Florida’s housing market is softening, especially along the southwest coast Florida’s pandemic-era housing boom is finally starting to fade. For-sale inventory in the state has reached the highest levels on record, and homes are … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 43 Comments

Jersey Feeling Flush

Posted on March 15, 2025 by grim

From Calculated Risk: CoreLogic: 1.1 million Homeowners with Negative Equity in Q4 2024 CoreLogic® … today released the Homeowner Equity Report (HER) for the fourth quarter of 2024. Nationwide, borrower equity increased by $281.9 billion, or 1.7% year-over-year. The report shows that … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate, New Jersey Real Estate | 31 Comments