Category Archives: National Real Estate

Foreclosures ticking up (but still low)

Posted on May 15, 2025 by grim

From Realtor.com: 2 Southern States Lead the U.S. With the Highest Number of Foreclosures Foreclosures have continued to inch upward, signaling that homeowners are being squeezed by the high cost of homeownership. There were a total of 36,033 U.S. properties … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 92 Comments

Used houses get even more used

Posted on May 13, 2025 by grim

From Redfin: The Homes Americans are Buying are Older Than Ever The typical home bought in the U.S. hit a record age of 36 years in 2024. That’s nine years older than the median age of homes purchased in 2012, … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate, New Development | 66 Comments

Northeast wins the first quarter

Posted on May 9, 2025 by grim

From HousingWire: NAR: Home prices are up in 83% of metros Home prices rose in more than 80% of U.S. metro areas in the first quarter of 2025 — even as affordability remained stretched and fewer markets posted double-digit gains. According to … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 76 Comments

Nearly half of non-homeowners aren’t considering buying

Posted on May 8, 2025 by grim

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?

Posted on May 6, 2025 by grim

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

Posted on May 3, 2025 by grim

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

Posted on May 2, 2025 by grim

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

Posted on April 29, 2025 by grim

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…

Posted on April 27, 2025 by grim

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?

Posted on April 25, 2025 by grim

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!

Posted on April 23, 2025 by grim

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…

Posted on April 20, 2025 by grim

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?

Posted on April 11, 2025 by grim

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?

Posted on April 7, 2025 by grim

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?

Posted on April 5, 2025 by grim

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