Category Archives: Housing Recovery

Mortgage company CEO wants tax break so he can write more mortgages

Posted on October 14, 2019 by grim

From Marketwatch: Opinion: This tax break for first-time home buyers could keep the housing market afloat It’s not easy being a home buyer these days. U.S. home prices are high, housing inventory is low, and consumer sentiment is wobbling. A federal … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, Mortgages, National Real Estate | 101 Comments

Housing optimism dips, but still very high

Posted on October 8, 2019 by grim

From Yahoo Finance: US housing market optimism slides Optimism about the U.S. housing market may have peaked after hitting its all-time high in August, according to a measure of consumer sentiment. The Fannie Mae Home Purchase Sentiment Index slid 2.3 points … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 84 Comments

Nobody wants to sell?

Posted on September 24, 2019 by grim

From HousingWire: U.S. housing market experiences largest inventory decline since last year In August, America’s home sales slid 1.6%, marking the sixth month of 2019 that produced fewer sales than the previous year, according to the RE/MAX National Housing Report. RE/MAX reports … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate | 56 Comments

June Case Shiller

Posted on August 30, 2019 by grim

From Inman: Home price gains continue to slow down in June: Case-Shiller Annual home price gains continued to slow in June, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, released Tuesday. Home prices, on average, achieved an … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 58 Comments

Home prices pick up speed

Posted on July 3, 2019 by grim

From HousingWire: Annual home-price growth reverses course, finally rises After 14 months of slowing home-price gains, the pace of growth finally picked up speed in May, increasing by 3.6% on an annual basis, according to the latest from CoreLogic. And, it … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 32 Comments

We go down now?

Posted on June 3, 2019 by grim

From Fortune: Average Home Values See First Monthly Drop in 7 Years In uncertain times, rising housing values have been one thing keeping our collective spirits up. But, as they say, nothing increases forever, and the U.S. real estate market … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, Housing Recovery, National Real Estate | 86 Comments

Has Asbury made it?

Posted on May 21, 2019 by grim

From the NYT: Asbury Park, N.J.: A Seaside Community Reborn Carolyn Curtin moved to Asbury Park in 2002 and fell in love with a late Victorian house with a falling-down porch and heaven knows what other problems. She knew nothing … Continue reading →

Posted in Economics, Housing Recovery, New Development, Shore Real Estate | 156 Comments

Where prices are going up in NJ. It’s not where you think.

Posted on May 10, 2019 by grim

From the Star Ledger: The town in each county where home values are increasing most  Get these homes while they’re hot — and in some cases — still cheap. We’ve looked at the hottest markets in New Jersey — the places that … Continue reading →

Posted in Economics, Housing Recovery, New Jersey Real Estate | 121 Comments

Pending Sales Dip

Posted on March 29, 2019 by grim

From CNBC: Pending sales fall in February Pending home sales drop 1% in February, despite lower mortgage rates Homebuyers signed 1 percent fewer contracts to buy existing homes in February compared with January, according to the National Association of Realtors’ … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate | 89 Comments

Going up again?

Posted on March 7, 2019 by grim

From CNBC: Home prices could be on the verge of heating up again, according to CoreLogic Home prices in January rose at the slowest pace in nearly seven years, but buyers shouldn’t feel too confident just yet. Prices might be … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 175 Comments

National home prices continue to soften

Posted on January 30, 2019 by grim

From CNBC: Home prices rise at a slower pace: S&P Case-Shiller Home values increased 5.2 percent annually in November, slowing from 5.3 percent in October, according to the widely watched S&P CoreLogic Case-Shiller National Home Price Index. The 10-city composite … Continue reading →

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

Nice house, if you can afford it

Posted on January 28, 2019 by grim

From HousingWire: Redfin: Middle class buyers are being priced out of housing market Although housing inventory is increasing, affordability for the typical middle class household is retreating, according to new data from Redfin. “Homeownership is increasingly out of reach for … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 73 Comments

Thank Trump for Housing?

Posted on January 24, 2019 by grim

From Yahoo Finance: Shiller: Trump is a ‘psychological boost’ to the housing market “I describe the current boom in U.S. home prices as the third largest boom since 1890. And so it’s big, and people are starting to think that … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 93 Comments

Pending sales fall again, 11th consecutive month

Posted on December 29, 2018 by grim

From CNBC: Pending home sales fall unexpectedly in November Contracts to buy previously owned homes fell unexpectedly in November, the National Association of Realtors said on Friday, the latest sign of weakness in the U.S. housing market. The NAR’s pending … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 27 Comments

Gains continue to moderate

Posted on December 27, 2018 by grim

From MarketWatch: U.S. home-price gains keep slowing as higher rates scare off buyers, Case-Shiller shows The S&P/Case-Shiller 20-city index rose a seasonally adjusted 0.4% in October but in a clear sign of the housing market’s recent struggles the increase in … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 51 Comments