Category Archives: Housing Recovery

Seismic shift? Really?

Posted on October 3, 2014 by grim

From NJ.com: See how N.J.’s population is undergoing a seismic shift New Jersey’s population has started to contract back toward its urban core for the first time since the end of the second World War, new research shows, in what … Continue reading →

Posted in Demographics, Economics, Housing Recovery, New Jersey Real Estate | 93 Comments

July home prices continue cooling trend, still up strongly from last year

Posted on October 1, 2014 by grim

From the WSJ: U.S. Home Price Growth Slows Again in July, Says S&P/Case-Shiller The yearly growth in home prices across the U.S. slowed more than expected in the middle of summer, according to a home price report released Tuesday. The … Continue reading →

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

August Pending Home Sales

Posted on September 30, 2014 by grim

From HousingWire: Pending home sales slowed in August Despite slowing in August, pending home sales are still running at the second-highest level in the past 12 months, according to the National Association of Realtors. Declines were evident in every region … Continue reading →

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 53 Comments

The Gold Coast River Bank?

Posted on September 27, 2014 by grim

From the WSJ: Comeback for Harrison, N.J. The town of Harrison, N.J., has long offered its residents a friendly, diverse and safe community; easy access to Newark, Jersey City and Manhattan; and relatively affordable wood-frame houses on quiet streets. “I … Continue reading →

Posted in Demographics, Economics, Housing Recovery, New Development | 41 Comments

Price growth being driven by mix shift?

Posted on September 25, 2014 by grim

From HousingWire: Home-price growth in August slows in 18 of 20 largest housing markets Home-price growth is slowing even as the sales of homes under $200,000 slip and the share of home sales above the $500,000 price point grow, according … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate | 69 Comments

August home sales disappoint

Posted on September 23, 2014 by grim

From the WSJ: U.S. Home Sales Falter as Investors Pull Back U.S. home sales slumped in August as investors continued to pull away, raising doubts about the market’s underlying strength. Sales of previously owned homes fell 1.8% from July to … Continue reading →

Posted in Demographics, Economics, Housing Recovery | 213 Comments

The New Gold Coast

Posted on September 22, 2014 by grim

From the WSJ: Jersey City’s Housing Boom Expands Jersey City’s residential construction boom is spreading beyond its waterfront area to neighborhoods farther inland where planners and developers have long dreamed about building with little to show for it until now. … Continue reading →

Posted in Demographics, Economics, Housing Recovery, New Development | 71 Comments

“Prospects slightly better in New Jersey”

Posted on September 19, 2014 by grim

From HousingWire: New York’s foreclosure backlog isn’t going away until 2016, at least The backlog that keeps the average property in the state New York in foreclosure proceedings for more than four years isn’t going away anytime soon. In fact, … Continue reading →

Posted in Foreclosures, Housing Recovery, New Jersey Real Estate | 128 Comments

Time to move out kids!

Posted on September 17, 2014 by grim

From CNBC: Millennials start leaving Mom and Dad’s nest As the U.S. economy improves and adds jobs, younger Americans—millennials—are slowly starting to move out from their parents’ basements, where a record number of them have been living for the past … Continue reading →

Posted in Demographics, Economics, Housing Recovery | 122 Comments

Where are all the NJ foreclosures?

Posted on September 12, 2014 by grim

From the Star Ledger: Foreclosures spiking in N.J., paced by Atlantic City Foreclosure activity in New Jersey jumped in August, a new report shows, leaving the state with one of the highest foreclosure rates nationwide. New Jersey has the nation’s … Continue reading →

Posted in Foreclosures, Housing Recovery, South Jersey Real Estate | 139 Comments

NJ foreclosure auctions up 71%

Posted on September 11, 2014 by grim

From the Philly Inquirer: N.J. foreclosure filing rate up 115% from last year New Jersey’s foreclosure-filing rate skyrocketed in August, by 115 percent over the same month in 2013, pushing the state into the Top Five, housing-data analytics firm RealtyTrac … Continue reading →

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

Asking Prices and Rents up in August

Posted on September 10, 2014 by grim

From HousingWire: You won’t believe the 10 markets where price gains were strongest Home price rose a mere 1% month-over-month in August, according to the latest reports from Trulia. Nationally, the month-over-month increase in asking home prices rose to 1.0% … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 80 Comments

Case Shiller Revised – House Price Collapse Not So Bad

Posted on September 5, 2014 by grim

From Bloomberg: Case-Shiller Redo Shows Less Severe U.S. Home-Price Slump The collapse in U.S. home prices that stoked the worst recession since the Great Depression wasn’t quite as severe as initially estimated, according to data from S&P/Case-Shiller. Property values nationally … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate | 129 Comments

29 consecutive months of price increases

Posted on September 3, 2014 by grim

From CoreLogic: CoreLogic Reports Home Prices Rose By 7.4 Percent Year Over Year In July CoreLogic a leading global property information, analytics and data-enabled services provider, today released its July CoreLogic Home Price Index (HPI®) report. Home prices nationwide, including … Continue reading →

Posted in Housing Recovery, National Real Estate | 120 Comments

2014 trails in North Jersey, lower inventory, higher prices.

Posted on September 1, 2014 by grim

From the Record: Bergen, Passaic home sales cool off as prices rise The number of single-family homes sold in Bergen and Passaic counties is running about 10 percent below last year’s rate — a sign that the real estate market … Continue reading →

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