Category Archives: Housing Recovery

Lonely at the top

Posted on July 15, 2015 by grim

From the Star Ledger: N.J. has largest share of homes in foreclosure, report shows A greater share of homes in New Jersey are facing foreclosure than anywhere else in the country, according to a report released Tuesday morning. The report … Continue reading →

Posted in Foreclosures, Housing Recovery, New Jersey Real Estate | 140 Comments

Philly – Hottest SFH Market in 10 Years

Posted on July 14, 2015 by grim

From the Inquirer: Phila. single-family home prices, sales volume soar in 2Q, data show In the spring, Philadelphia’s single-family housing market had its best quarter in a decade, with prices and sales volume surging throughout the city. The average house … Continue reading →

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 112 Comments

Seems that everyone is taking shots at Jersey lately…

Posted on July 11, 2015 by grim

From Realtor.com (yes, realtor.com): More Bad News for New Jersey? Or Is It Good News for the Middle Class? If we can’t blame New Jersey Gov. Chris Christie for the traffic jams, maybe he can’t take the hit for this … Continue reading →

Posted in Economics, Housing Recovery, New Jersey Real Estate | 47 Comments

Brooklyn hits record highs

Posted on July 10, 2015 by grim

From Crains NY: Brooklyn housing boom pushes sale prices and rentals to new highs Rents and home prices reached record levels in Brooklyn during the second quarter of 2015, according to a market report released Thursday. The average sale price … Continue reading →

Posted in Demographics, Economics, Housing Recovery, NYC | 109 Comments

Finally a good time to sell?

Posted on July 8, 2015 by grim

From HousingWire: Consumer attitudes on housing signal healthier purchase market ahead Americans’ outlook toward the current home selling market and the future of home rental prices may bode well for purchase activity this year, according to results from Fannie Mae’s … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate | 164 Comments

NY Metro Home Prices up 2.8% in April

Posted on July 3, 2015 by grim

From the Record: Region’s home prices tick up 2.8% As the housing market continues to recover, single-family home prices in the New York metropolitan area ticked up 2.8 percent in the year that ended in April, the S&P/Case-Shiller home price … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, New Jersey Real Estate | 54 Comments

New highs for NYC, over the river … notsomuch

Posted on July 1, 2015 by grim

From the NYT: Average Home Price in Manhattan Reaches $1.87 Million, a New High After flirting with records for more than a year, the average sales price of a Manhattan apartment hit a new high in the second quarter, according … Continue reading →

Posted in Demographics, Economics, Housing Recovery, NYC | 121 Comments

Pending Home Sales Hits Post-Recession Highs

Posted on June 30, 2015 by grim

From the WSJ: U.S. Pending Home Sales at Highest Level in Nine Years A forward-looking indicator of home sales rose to its highest level in more than nine years in May, a sign the housing market is gaining traction after … Continue reading →

Posted in Housing Recovery, National Real Estate | 86 Comments

Home prices setting new records in April

Posted on June 29, 2015 by grim

From HousingWire: Black Knight: Home prices rise 1% in April from March U.S. home prices were up 1% for the month, rising 4.9% on a year-over-year basis, according to Black Knight’s latest Home Price Index report, based on April 2015 … Continue reading →

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 87 Comments

Peek into the Lower Hudson Valley Market

Posted on June 28, 2015 by grim

From Lohud.com: The slump is over: real estate is back Looks like very good news for homeowners across the Lower Hudson Valley — experts are saying that the multi-year real estate slump is finally over. “It’s the best market we’ve … Continue reading →

Posted in Housing Recovery, NYC | 30 Comments

Getting ahead in the new normal

Posted on June 26, 2015 by grim

From the NYT: More Americans Are Renting, and Paying More, as Homeownership Falls To Johnnie McDowell, the house on Livingston Street seems to taunt him every time he walks by. It’s nothing special: The two-story home is a bit shabby, … Continue reading →

Posted in Demographics, Economics, Housing Recovery, New Jersey Real Estate | 94 Comments

First time buyers back in the market?

Posted on June 23, 2015 by grim

From the WSJ: U.S. Existing-Home Sales Increase 5.1% in May Sales of previously owned homes surged in May, buoyed in part by the return of younger buyers who had long struggled to find a path into the market. The pace … Continue reading →

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

Boomerangers

Posted on June 20, 2015 by grim

From the NYT: Mortgage Market on the Mend New research from TransUnion, the credit information service, predicts that some 1.5 million homeowners who were forced out of the mortgage market after the housing bust will have recovered sufficiently to re-enter … Continue reading →

Posted in Foreclosures, Housing Recovery, Mortgages, National Real Estate, Risky Lending | 63 Comments

Housing and credit data continuing to improve

Posted on June 17, 2015 by grim

From National Mortgage Professional: New Data Finds Negative Equity and Consumer Debt Declining The latest CoreLogic study on negative equity found 254,000 properties regained equity in the first quarter, bringing the total number of mortgaged residential properties with equity at … Continue reading →

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 141 Comments

Is 20% even possible anymore?

Posted on June 16, 2015 by grim

From Bloomberg: Want a House? Good Luck With the Down Payment Saving for a down payment has long been a big challenge for anyone who wants to buy a home. And it got harder after the financial crisis, as lenders … Continue reading →

Posted in Housing Recovery, Mortgages, Risky Lending | 158 Comments