Category Archives: Housing Recovery

Will the snow hold down sales?

Posted on March 2, 2015 by grim

From the Record: Winter weather puts a chill on home sales Avi and Leah Greengart want to sell their four-bedroom Teaneck house, but this winter’s frigid, icy weather hasn’t done them any favors. “There has not been a warm day … Continue reading →

Posted in Housing Recovery, New Jersey Real Estate | 59 Comments

The Other New Jersey

Posted on March 1, 2015 by grim

From the Press of Atlantic City: Still dropping: Home prices struggle to recover from recession Robert Szostak is worried about how cheaply he must price his four-bedroom home in Middle Township before it sells. A few prospective buyers toured the … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, South Jersey Real Estate | 42 Comments

January pending sales hit 18 month high

Posted on February 28, 2015 by grim

From the WSJ: Pending Home Sales Rose 1.7% in January A forward-looking gauge of U.S. home purchases rose in January to its highest level in nearly a year and a half, a sign of firming demand in the housing market. … Continue reading →

Posted in Housing Recovery, National Real Estate | 35 Comments

The Boring Plateau

Posted on February 26, 2015 by grim

From HousingWire: Latest data shows housing economy sluggish Sales of new single-family houses in January 2015 were at a seasonally adjusted annual rate of 481,000, down 0.2% from December’s big gains. This is 0.2% below the revised December rate of … Continue reading →

Posted in Housing Recovery, National Real Estate | 167 Comments

December Case Shiller

Posted on February 25, 2015 by grim

From the WSJ: Growth in U.S. Home Prices Slowed in 2014 Home prices in 2014 saw yearly growth slow to the weakest pace in three years, according to a home price report released Tuesday. The home price index covering the … Continue reading →

Posted in Demographics, Employment, Housing Recovery, National Real Estate | 105 Comments

Not the way to start the year

Posted on February 24, 2015 by grim

From the WSJ: U.S. Home Sales Falter to Start Year Sales of previously owned homes slowed in January, a reflection of the rising prices and tight supplies that could constrain the housing market this year. Existing-home sales fell 4.9% last … Continue reading →

Posted in Economics, Employment, Housing Recovery | 81 Comments

Shocking Housing Data (Who is the new guy?)

Posted on February 20, 2015 by grim

From HousingWire: Realtor.com: Tightening inventories likely to push home prices up Housing inventory continues to tighten in markets across the country – a 2015 trend identified by realtor.com Chief Economist Jonathan Smoke in its housing inventory data report for January. … Continue reading →

Posted in Employment, Housing Recovery, National Real Estate | 90 Comments

You can fix this fixer-upper up with a little bit of love!

Posted on February 19, 2015 by grim

From the WSJ (hat tip Chi): Fixer Uppers: A Pot of Gold or a Money Pit? Fixer-uppers are an increasingly popular option for home buyers looking to save a little money in exchange for a bit of elbow grease, says … Continue reading →

Posted in Housing Recovery, National Real Estate, New Development | 99 Comments

Stop Sandy Foreclosures?

Posted on February 17, 2015 by grim

From the APP: EDITORIAL: Stop rising tide of foreclosures in N.J. Superstorm Sandy is still wreaking havoc in New Jersey nearly 21/2years after it moved away from the Jersey Shore. And the bureaucracy in New Jersey has made things worse. … Continue reading →

Posted in Foreclosures, Housing Recovery, Politics, Shore Real Estate | 152 Comments

Housing is expensive, rent or buy

Posted on February 14, 2015 by grim

From HousingWire: Experts: Unaffordable rents here to stay Unaffordable rents are making it hard for people to save for down payments, and they aren’t likely to ease up for at least two years, according to the latest Zillow Home Price … Continue reading →

Posted in Demographics, Economics, Housing Recovery | 57 Comments

Up, but just barely

Posted on February 6, 2015 by grim

From the Star Ledger: Home prices rose in N.J. in 2014, still a long ways off peak Single-family homes in New Jersey sold for more at the end of last year than they did in 2013. There’s still a long … Continue reading →

Posted in Housing Recovery, New Jersey Real Estate | 110 Comments

Pending sales drop in December, but still top last year

Posted on January 30, 2015 by grim

From Bloomberg: Pending Sales of Existing Homes in U.S. Drop by Most in a Year Contracts to purchase previously owned U.S. homes unexpectedly fell in December by the most in a year, a sign the industry’s recovery remains uneven. The … Continue reading →

Posted in Employment, Housing Recovery | 124 Comments

Spring Market!

Posted on January 29, 2015 by grim

From CNBC: Mixed signals for spring housing season The spring housing market is still about a month away, but industry experts are already arguing its outcome. New reports offer very different views on both headwinds and tail winds. Overall economic … Continue reading →

Posted in Housing Recovery, National Real Estate | 154 Comments

November Case Shiller

Posted on January 28, 2015 by grim

From Bloomberg: Home Prices in 20 U.S. Cities Increased 4.3% in November Home prices in 20 U.S. cities rose at a slower pace in the year ended in November, a sign the industry struggled to find momentum even amid low … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate | 165 Comments

Mildly disappointing?

Posted on January 25, 2015 by grim

From Bloomberg: Home-Sales Winning Streak Ends, First-Time Buyers Go Missing  A three-year winning streak for sales of previously owned homes in the U.S. ended in 2014 as some investors stepped out of the market and first-time buyers failed to fill … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery | 49 Comments