Category Archives: New Development

Condo boom continues on the Gold Coast

Posted on April 10, 2013 by grim

From the NYT: New Jersey Condo Market Heats Up as Demand Surges After years of stagnating sales, the New Jersey condominium market is finally warming up, with developers building again and potential owners buying from floor plans. A handful of … Continue reading →

Posted in Economics, Housing Recovery, New Development, New Jersey Real Estate | 81 Comments

400 square feet is the new 4000

Posted on January 4, 2013 by grim

From HousingWire: Generation Y values amenities over square footage Generation Y, those of us between the ages of 20 to 34, are playing a large role in the multifamily market and reshaping how it will look moving forward. “Clearly Gen-Y … Continue reading →

Posted in Demographics, Economics, New Development | 94 Comments

Sandy Recovery: Significant multiplier or short-term pop?

Posted on December 27, 2012 by grim

From Bloomberg: Sandy Recovery Spurs Hiring From Furniture to Plumbing The first customers Michael Guarino saw after superstorm Sandy asked to cancel orders for furniture no longer needed in their damaged homes, threatening the survival of a business his family … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate, South Jersey Real Estate | 51 Comments

Jersey’s relief package up for debate

Posted on December 18, 2012 by grim

From the Record: Republicans cite “questionable” spending as Senate begins debate on $60B Sandy relief package The debate over a $60.4 billion federal Sandy relief package began in earnest on Monday with Senate Republican leaders arguing that the bill includes … Continue reading →

Posted in Economics, New Development, Politics, Shore Real Estate | 92 Comments

Battle lines are drawn

Posted on December 16, 2012 by grim

From the Star Ledger: Jersey Shore revolution begins, as FEMA releases new flood maps A revolution is likely coming to the New Jersey Shore, and the federal government just fired the first shot. The Federal Emergency Management Agency released advisory … Continue reading →

Posted in New Development, New Jersey Real Estate, Shore Real Estate | 80 Comments

Not rebuilding is not an option

Posted on December 14, 2012 by grim

From the Star Ledger: Building boom won’t help N.J. economy if Shore doesn’t bounce back, committee says New Jersey will experience a post-Sandy building boom, but it won’t help the overall state economy if the Shore doesn’t do well, an … Continue reading →

Posted in Housing Recovery, New Development, Shore Real Estate | 129 Comments

The New American Household

Posted on December 1, 2012 by grim

From the NYT: Under One Roof, Building for Extended Families Tom and Kristin Moser’s new house — nearly 3,000 square feet in a development outside Tucson — has all the modern amenities, including solar panels and an open kitchen. But … Continue reading →

Posted in Housing Recovery, New Development | 69 Comments

It’s clear, nobody has any idea what Sandy means for NJ real estate

Posted on November 30, 2012 by grim

From the Record: Housing market expected to recover quickly from Sandy While superstorm Sandy damaged or destroyed about 70,000 homes in New Jersey, the housing market is not likely to suffer long-term effects from the storm, economists from the Federal … Continue reading →

Posted in Economics, Housing Recovery, New Development, New Jersey Real Estate | 141 Comments

Redevelop or we’ll take it from you and redevelop. Fair?

Posted on November 26, 2012 by grim

From the Philly Burbs: Evesham to crack down on owners of neglected commercial properties Fix it or risk it. That’s the message the Township Council will be handing down to the owners of neglected commercial sites who are now in … Continue reading →

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

Sandy Stimulus?

Posted on November 23, 2012 by grim

From Bloomberg: Sandy Seen Boosting U.S. With as Much as $240 Billion Rebuilding John Cataneo is working his 20 employees overtime and still can’t keep up with demand from customers who need plumbing repaired after superstorm Sandy. He says he’s … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate | 153 Comments

What does Sandy mean for NJ real estate?

Posted on November 3, 2012 by grim

From Bloomberg: Sandy Batters New Jersey’s Struggling Housing Market Cody Buck rebuilt his home in Sayreville, New Jersey, after Hurricane Irene knocked it down last year. Yesterday, Buck showed New Jersey Governor Chris Christie how superstorm Sandy destroyed the house … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate | 212 Comments

Sprawl and lattes … discuss.

Posted on October 17, 2012 by grim

Good stuff over at NJ Spotlight: The Real Jersey Comeback Analysts, developers, and academicians all saw hopeful signs, however faint, for New Jersey’s economy and housing market, but told a state conference in Atlantic City that the highly suburbanized state … Continue reading →

Posted in Economics, Housing Recovery, New Development, New Jersey Real Estate | 109 Comments

Words to remember: Multigenerational Household

Posted on October 15, 2012 by grim

From the Record: Area economy still keeping adult children tied to mom and dad They could never afford their own home but their daughter changed the picture recently, clearing that financial obstacle and allowing them to all live together in … Continue reading →

Posted in Economics, Housing Recovery, New Development, New Jersey Real Estate | 55 Comments

Bizarro Friday: Housing is key to unemployment, not the other way around

Posted on August 3, 2012 by grim

From Reuters: U.S. housing market recovery key to boosting growth – IMF The International Monetary Fund said on Thursday it believes a recovery in the U.S. housing market is key to eventually boosting economic growth in the United States and … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate, New Development | 160 Comments

Is the housing recovery here? Or is Goldman just trying to dump homebuilders?

Posted on July 25, 2012 by grim

From the IB Times: The US Housing Recovery Is Here: Goldman Sachs The U.S. housing recovery is here, with an uptick in prices and governmment support and a decrease in unsold-off market homes, known as shadow inventory, according to analysts … Continue reading →

Posted in Economics, Housing Recovery, New Development | 87 Comments