Category Archives: Housing Recovery

Fed: No idea why housing slowed down

Posted on July 16, 2014 by grim

From the WSJ: Yellen, Fed Still Worried About Slowdown in Housing Recovery The Federal Reserve remains concerned about the U.S. housing recovery–which began to slow down last year when mortgage rates spiked–and has so far has failed to regain much … Continue reading →

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 77 Comments

Stalemate

Posted on July 15, 2014 by grim

From HousingWire: Credit Suisse: Homebuyers discouraged by rising prices Homebuyers held off purchasing homes in June due to rising home prices, Credit Suisse reported in their monthly traffic survey of real estate agents. “Comments from agents in June suggest that … Continue reading →

Posted in Economics, Housing Recovery, New Jersey Real Estate | 43 Comments

No (where to) sleep till in Brooklyn

Posted on July 12, 2014 by grim

From the Daily News: Brooklyn or bust! Thin inventory and hot demand send home prices to new record high Soon enough, no one will be able to afford Brooklyn. A lack of inventory coupled with strong demand sent the average … Continue reading →

Posted in Demographics, Economics, Housing Recovery, NYC | 32 Comments

Wage Home Price Disconnect?

Posted on July 10, 2014 by grim

From HousingWire: Is wage stagnation keeping homebuyers away? Perhaps the reason buyers are staying away from the housing market is because they simply can’t afford it. At least, that’s what one report suggests. In Trulia’s Price Monitor for June, Trulia’s … Continue reading →

Posted in Demographics, Economics, Housing Recovery | 168 Comments

Bad Vibes

Posted on July 8, 2014 by grim

From CNN/Money: Housing market is a ‘crapshoot’ The housing market is a “crapshoot” now, according to one of America’s leading real estate experts. Karl “Chip” Case is an economist whose name is synonymous with home prices. He is co-creator of … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery | 68 Comments

It ain’t the debt

Posted on July 5, 2014 by grim

From the NYT: College Debt and Home Buying Swelling student loan debt is commonly cited as a primary factor in the declining homeownership rate among 25- to 34-year-olds. But are the two really related? While homeownership is down nationally since … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery | 21 Comments

Are the experts right or wrong?

Posted on July 3, 2014 by grim

From the Star Ledger: NJ housing crisis: 8 key takeaways from live chat with experts 1) “New Jersey has quite a bit of affordable housing, but number one, not enough, and not necessarily in the right places.” The overwhelming majority … Continue reading →

Posted in Demographics, Housing Recovery, New Development, New Jersey Real Estate | 74 Comments

Home price growth to slow towards year end

Posted on July 1, 2014 by grim

From HousingWire: Clear Capital: 0.9% growth the new normal for rest of 2014 Clear Capital’s midyear market report card says the industry needs to get used to less than 1% housing growth for the remainder of 2014. That said, all … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery | 55 Comments

Still no end to the housing bailouts

Posted on June 30, 2014 by grim

From HousingWire: Obama administration reveals plan to jump-start housing Speaking Thursday at the Making Home Affordable five-year anniversary summit, U.S. Treasury Secretary Jacob Lew announced several initiatives designed to spur the flailing housing market. Lew identified three specific issues that … Continue reading →

Posted in Economics, Housing Recovery, Politics | 57 Comments

Nobody wants a mortgage?

Posted on June 27, 2014 by grim

From the NYT: Fewer Loan Applications Spring failed to inspire a surge in home sales nationally this year, even though mortgage rates are still reasonably low. Although economists insist that the housing market is on an upward trend, abnormal conditions … Continue reading →

Posted in Economics, Employment, Housing Recovery, Mortgages, National Real Estate | 68 Comments

Froth, bubbles, or much ado about nothing?

Posted on June 26, 2014 by grim

From Time: The Housing Market Won’t Be Undervalued Much Longer Trulia’s latest analysis shows homes in three-fourths of major U.S. cities are still undervalued, while seven are more than 10% overvalued (most in California). Even there, prices are no where … Continue reading →

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

CS: Price Increases Slow in April

Posted on June 25, 2014 by grim

From Bloomberg: Home Prices in 20 U.S. Cities Rose at Slower Pace in April Home prices in 20 U.S. cities rose at a slower pace than forecast in the year ended in April as declining affordability put a lid on … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 28 Comments

Flipping? What year is it?

Posted on June 24, 2014 by grim

From the Press of Atlantic City: Home flipping gains momentum in South Jersey as foreclosures soar The business of buying and selling houses for quick profit is in decline nationally, but a second wave of foreclosures in New Jersey has … Continue reading →

Posted in Economics, Housing Recovery, Shore Real Estate | 81 Comments

Where could they all be hiding?

Posted on June 19, 2014 by grim

From NPR: Sluggish Housing Market A Product Of Millions Of ‘Missing Households’ A year ago, the housing market looked like it was finally recovering. Sales and prices were picking up. But then home sales fizzled. Currently, they are down about … Continue reading →

Posted in Demographics, Economics, Housing Recovery | 97 Comments

May housing construction disappoints

Posted on June 18, 2014 by grim

From the WSJ: U.S. Housing Starts Fall 6.5% in May A gauge of new-home construction fell in May after several months of gains, the latest sign of the housing sector’s uneven recovery. Housing starts fell 6.5% in May to a … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery | 66 Comments