Category Archives: New Development

NJ may not make it, but the world still needs us to take it

Posted on November 29, 2025 by grim

From RENJ: Outsized impact: New Jersey warehouses support 1.35 million jobs, $113 billion in personal income, study finds Warehouses and distribution centers in New Jersey are home to more than 760,000 on-site employees and support more than 1.35 million jobs … Continue reading →

Posted in Economics, Employment, New Development, New Jersey Real Estate | 66 Comments

Everyone’s a builder now

Posted on October 27, 2025 by grim

From Politico: Homebuilders push new frontier for Fannie and Freddie: Construction loans Homebuilders are using President Donald Trump’s growing calls for government-controlled Fannie Mae and Freddie Mac to get house construction “going” to push a controversial proposal: getting the mortgage … Continue reading →

Posted in Economics, Housing Bubble, Mortgages, National Real Estate, New Development, Politics | 84 Comments

No Tunnel?

Posted on October 17, 2025 by grim

From nj.com: Trump ‘terminates’ $16 billion Hudson River tunnel project linking N.J. and N.Y.C. President Donald Trump said he “terminated” the $16 billion Gateway rail tunnel under the Hudson River in a surprise statement made during press conference Wednesday as tense negotiations over the … Continue reading →

Posted in Economics, Employment, New Development, New Jersey Real Estate, NYC, Politics | 88 Comments

Can Ciattarelli kill Mount Laurel?

Posted on October 14, 2025 by grim

From Governing: Why Housing Density Has Become a Key Issue in the New Jersey Governor’s Race  Jack Ciattarelli, the Republican candidate for governor of New Jersey, talks a lot about the state’s high cost of living. He talks about housing, … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate, Politics | 114 Comments

NJ construction set to increase, but only if we can find the workers

Posted on September 30, 2025 by grim

From NJBIZ: NJ construction outlook strong as spending rebounds  According to data presented by Otteau, as interest rates rose the volume of commercial investment real estate property sales in New Jersey fell by more than half – from $13 billion … Continue reading →

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 57 Comments

Don’t stop, get it get it

Posted on September 25, 2025 by grim

From CNBC: New home sales soar 20% in August to a three-year high Sales of newly built homes rose a much larger-than-expected 20.5% in August compared with July to the highest level since January 2022, according to the U.S. Census. … Continue reading →

Posted in Housing Bubble, National Real Estate, New Development | 96 Comments

Pay more and you too can be close to celebrity

Posted on September 15, 2025 by grim

From the Realtors: New Jersey Is Poised To Become a New Celebrity Hot Spot Thanks to Netflix’s Presence Hollywood, New York City, Miami, Aspen. When you think of hot spots where you might have an unexpected celebrity sighting, those cities usually top … Continue reading →

Posted in Humor, New Development, New Jersey Real Estate, Shore Real Estate | 88 Comments

NJ Transit Fire Sale?

Posted on August 27, 2025 by grim

From the Ridgewood blog: NJ Transit Eyes Multi-Million Dollar Real Estate Sales to Boost Revenue and Spur Development Ridgewood NJ, NJ Transit is preparing to transform parking lots and underused land into revenue-generating developments — with the potential to reshape … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics | 99 Comments

Someone can still afford to buy

Posted on July 31, 2025 by grim

From Newsweek: China Buys Up Property in America’s Hottest Housing Market The New Hampshire city at the center of a recent controversy surrounding a Chinese company’s local real estate purchase, Nashua, has been named the hottest housing market in the country. … Continue reading →

Posted in National Real Estate, New Development, Politics | 49 Comments

Nobody left to build houses?

Posted on July 29, 2025 by grim

From CBS News: Trump’s immigration crackdown causing labor shortages to California’s construction industry, builder says: “They’re hiding” One construction site in Los Angeles has just about everything needed to build a traditional family home. Everything, that is, except enough workers.  … Continue reading →

Posted in Demographics, Employment, National Real Estate, New Development | 83 Comments

Cool or crazy?

Posted on July 9, 2025 by grim

From NorthJersey.com: Is North Jersey’s rental market finally cooling down? How hot the market is so far in 2025 There’s no doubt about it: Finding an apartment, especially an affordable one, in North Jersey is a difficult feat. But believe … Continue reading →

Posted in Demographics, Economics, Housing Bubble, New Development, New Jersey Real Estate | 108 Comments

NJ office market tightens

Posted on May 28, 2025 by grim

From NJBIZ: Northeast office markets post lower vacancies, higher rents While occupancy rates may be less certain comparatively, a new report finds all Northeastern markets posted vacancy rates below the national average (19.7%) in April. CommercialEdge’s May 2025 Office Market Report, … Continue reading →

Posted in Economics, Employment, New Development, New Jersey Real Estate | 138 Comments

Jersey Works

Posted on May 21, 2025 by grim

From ROI-NJ: Report shows N.J. office market doing better than national average A CommercialEdge report says office vacancy rates in the nation’s central business districts continue to struggle as declining listing rates and high vacancy levels persist as the effects of the … Continue reading →

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 275 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

What NJ makes, the world takes

Posted on April 30, 2025 by grim

(or is this the prelude to a catastrophic collapse) From ROI-NJ: Report: N.J. led nation in total sales volume for industrial space in 1Q New Jersey topped the nation in total sales volume for industrial space during the first quarter … Continue reading →

Posted in Economics, Employment, New Development, New Jersey Real Estate | 242 Comments