Category Archives: National Real Estate

Nearly half of non-homeowners aren’t considering buying

From Gallup: Housing Market Perceptions Dampen Homebuying Intentions Homeownership appears to be further out of reach for non-homeowners in the U.S. Two-thirds of these Americans report being priced out of the market, and the smallest percentage recorded in years say … Continue reading

Posted in Crisis, Demographics, Economics, Housing Bubble, National Real Estate | 100 Comments

Pocket listings in the crosshairs next?

From CNN: America’s largest real estate brokerages are fighting over private listings When a deal to buy Caitlin Bigelow’s San Francisco condo fell through last month, she felt relief, rather than disappointment. Bigelow was working with a Realtor she trusted … Continue reading

Posted in National Real Estate, Unrest | 88 Comments

Tick tick tick

From Newsweek: Phoenix Housing Market Faces ‘Mass Sell-off’ as Home Values Plunge After the dust settled on the pandemic buying frenzy, which massively inflated home prices in the city, property values in Phoenix are collapsing. Real estate analyst Nick Gerli, … Continue reading

Posted in Housing Bubble, National Real Estate | 60 Comments

March Pending Sales Down YOY

From HousingWire: Pending home sales post strong gain in March but lag behind 2024 pace Recent data hasn’t provided much optimism about the direction of the housing market, but one report suggests better conditions are on the way. The March reading … Continue reading

Posted in Economics, Housing Bubble, National Real Estate | 68 Comments

Looking Gloomy

From the Dallas Fed: Growth continues in Texas manufacturing sector, but outlooks worsen Texas factory activity continued to rise in April, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 136 Comments

Dear Mom & Dad…

From Business Insider: 5 years ago, only 85 US cities had starter homes that cost at least $1 million. Now there are 233. The typical price of a starter home was $1 million or higher in 233 US cities last month, a … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate, New Jersey Real Estate | 41 Comments

Tippy Top?

From CNBC: March home sales drop to their slowest pace since 2009 Higher mortgage rates and concern over the broader economy are making for a weak start to the all-important spring housing market. Sales of previously owned homes in March … Continue reading

Posted in Economics, Housing Bubble, National Real Estate | 189 Comments

Doh!

From the prestigious journal of economics and social commentary … Cracked: No Middle-Class Family Can Live Like ‘The Simpsons’ Anymore, Census Shows Over the past 36 seasons, The Simpsons has given us episodes about elaborate monorail scams, gun-toting babies and aliens from … Continue reading

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

Uh Oh…

From Zillow: Zillow Home Value and Home Sales Forecast (April 2025) Zillow’s latest forecast indicates a decline in home values coupled with an increase in existing home sales for 2025. While mortgage rates are in an especially unpredictable period, barring … Continue reading

Posted in Crisis, Demographics, Economics, Housing Bubble, National Real Estate | 25 Comments

As goes stocks?

From NorthJersey.com: Do stock market’s ups and downs impact NJ’s real estate prices? We asked the experts The stock market experienced a historic rally on Wednesday following President Donald Trump’s announcement of a 90-day pause on most tariffs. The rally … Continue reading

Posted in Crisis, Demographics, Economics, Employment, National Real Estate | 86 Comments

Deal time?

From Yahoo Finance: Builders sitting on a pile of unsold homes are slashing prices and offering mortgage rate deals Homebuilders are sitting on the most unsold homes since the depths of the Great Recession, giving buyers a chance to snag … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate, New Development | 188 Comments

What’s going to happen to the spring market?

From NPR: More homes are finally hitting the spring market. Will buyers take the plunge? It’s springtime, and “For Sale” signs are popping up in front of homes across the country. But with so much uncertainty in the economy, it’s … Continue reading

Posted in Demographics, Economics, Employment, Mortgages, National Real Estate, New Jersey Real Estate | 91 Comments

NY Metro Leads US

From the NY Post: Northeast city sees biggest gain as home sales prices rise again Home sales prices continued to increase through the first month of the new year, with one major metro market in the Northeast boasting the biggest annual gain. … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 97 Comments

Real estate broker challenges real estate requirement

Too good not to share. At this point, why do we even need Brokers? From the Record: North Jersey broker challenges ‘outdated’ real estate brick-and-mortar office requirements Signing paper contracts and filling file cabinets with physical records are likely things … Continue reading

Posted in National Real Estate | 39 Comments

Run Boomer Run

From Newsweek: Map Shows States Baby Boomers Are Fleeing From Ian Kennedy, a data scientist at JBREC, created a chart identifying where the highest property taxes in the country were in 2023, the latest data made available by the U.S. … Continue reading

Posted in Crisis, Demographics, Economics, Housing Bubble, National Real Estate, Property Taxes | 25 Comments