Category Archives: Housing Recovery

Bubble or bargain?

Posted on January 14, 2015 by grim

From MarketWatch: Where house prices are most undervalued (and overvalued) U.S. house prices are only undervalued by around 2% on average, according to the latest research, but they’re still overvalued — and undervalued — by double-digit percentages in some metro … Continue reading →

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 99 Comments

2015 – Year of the first-timer?

Posted on January 13, 2015 by grim

From the Record: First-time buyers key to housing Joy Abma, 23, and Dan Charnesky, 24, expected to rent an apartment after their wedding this spring. But when they looked at the high rents — and the difficulty of finding a … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery | 94 Comments

Lowest priced homes not sharing in the recovery

Posted on January 12, 2015 by grim

From HousingWire: Black Knight: Affordable homes lagging behind in home price recovery In the 10 states where prices are still furthest from their pre-crisis peaks, homes in the bottom 20% value tier are lagging – sometimes considerably – in recovery … Continue reading →

Posted in Housing Recovery, National Real Estate | 71 Comments

The future belongs to them

Posted on January 10, 2015 by grim

From the Atlantic: Can Immigrants Save the Housing Market? Since the recession, there’s been concern over the lack of new households formed and the decreased rate of homeownership in the U.S. And while some suggest that the share of people … Continue reading →

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 66 Comments

Where to find the most and least expensive 4 bedroom in NJ

Posted on January 7, 2015 by grim

From the Daily Record: N.J. homes among priciest, but S.J. offers some bargains Coldwell Banker Residential Brokerage has released its 2014 Home Listing Report, which found New Jersey to have the fourth highest average listing price in the nation, at … Continue reading →

Posted in Demographics, Economics, Housing Recovery, New Jersey Real Estate | 172 Comments

Millennials moving to least affordable metros

Posted on January 4, 2015 by grim

From Fusion: The Washington DC-area is now the most millennial-soaked region in the country From RealtyTrac: Renting Less Affordable Than Buying in Most U.S. Markets But Not Where Millennials Are Moving Most RealtyTrac analyzed 2015 fair market rental data recently … Continue reading →

Posted in Demographics, Economics, Housing Recovery | 98 Comments

Predictions 2015!

Posted on January 2, 2015 by grim

This is becoming a tradition around here, so here we go again! You know how this works, break out the crystal balls and prognosticate. Ground Rules Predictions provided should either be for June 30th, 2015 or December 31st, 2015, please … Continue reading →

Posted in Demographics, Economics, Employment, Foreclosures, Housing Recovery | 191 Comments

Pending Home Sales Jump in November

Posted on January 1, 2015 by grim

From the WSJ: U.S. Pending Home Sales Rise in November New data on home sales released Wednesday offer few signs suggesting a breakout for the U.S. housing market, but they also offered little proof of a renewed slowdown. The number … Continue reading →

Posted in Housing Recovery, National Real Estate | 80 Comments

Is the slowdown good news?

Posted on December 31, 2014 by grim

From MarketWatch: Home-price growth, now at two-year low, may accelerate in 2015 Home prices cooled in October, pulling down annual growth to the slowest pace in two years, but there are hints that the market could pick up next year. … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery | 45 Comments

Corelogic: Housing trends and predictions for 2015

Posted on December 30, 2014 by grim

From Housingwire: CoreLogic: 5 drivers of housing in 2015 Here are CoreLogic’s five facts and predictions for 2015: 1. Millennials will start buying The young Generation Y experienced a strong boost in job growth that will help spur housing in … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 102 Comments

NJ Economic Year in Review

Posted on December 29, 2014 by grim

From the Record: New Jersey’s economic ups and downs in 2014 There was a bit more optimism regarding the New Jersey economy as 2014 came to a close, with job growth improving; more disposable income helping boost retail sales; the … Continue reading →

Posted in Economics, Employment, Housing Recovery, New Jersey Real Estate | 73 Comments

The real reason Millennials aren’t buying houses (or are buying later)

Posted on December 27, 2014 by grim

From the NYT: For Many Millenials, Children Are Out of Reach Millennials are taking their time procreating. According to C.D.C. data, preliminary 2013 birthrates show that the birth rates for teenagers declined 10 percent in 2013, to a historic low … Continue reading →

Posted in Demographics, Economics, Housing Recovery | 51 Comments

November home sales slide, credit and inventory to blame

Posted on December 23, 2014 by grim

From the WSJ: U.S. Existing-Home Sales Tumble in November Sales of previously owned homes tumbled to a six-month low in November, a sign the housing market continues to underperform despite a burst of stronger economic growth. Existing-home sales declined 6.1% … Continue reading →

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

Existing Home Sales

Posted on December 22, 2014 by grim

From Bloomberg: Ahead of the Bell: US Home Sales The National Association of Realtors reports on sales of existing homes in November. The report is scheduled to be released Monday at 10 a.m. Eastern. SLIGHT DECLINE: Economists forecast that sales … Continue reading →

Posted in Economics, Employment, Housing Recovery, National Real Estate | 131 Comments

New Jersey – Great place for the wealthy

Posted on December 21, 2014 by grim

From the Star Ledger: N.J.’s income gap has widened significantly since 2000, report shows The income gap between New Jersey’s wealthiest residents and all other groups has widened significantly since the turn of the century, and grew worse after the … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery | 75 Comments