Category Archives: New Development

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

Homes go big again

Posted on July 15, 2012 by grim

From Bloomberg: Long-shrinking homes begin to grow again Even as the U.S. economy struggles to rebound from the worst recession since the Great Depression, Americans are living larger. Larger, as in larger homes: two-story foyers, twin front staircases, children’s wings, … Continue reading →

Posted in Economics, National Real Estate, New Development | 38 Comments

How North Jersey came to be

Posted on April 23, 2012 by grim

From the Record: Our growing ‘City of North Jersey’: How we got here and where we are going It’s not surprising that Englewood chose to name its high school for Dwight Morrow, a city resident who was a U.S. senator, … Continue reading →

Posted in Economics, New Development, North Jersey Real Estate | 112 Comments

Expected the best, but worst still better than last year

Posted on April 18, 2012 by grim

From Bloomberg: Housing Data Disappoint … Again So the latest housing number is kind of bad: 654,000 new units were started in March, 5.8 percent below the revised February numbers. Economists surveyed by Bloomberg were expecting something considerably higher. The … Continue reading →

Posted in Economics, Housing Recovery, New Development | 118 Comments

How the Fed learned to stop worrying and love bad loans

Posted on April 11, 2012 by grim

From the Wall Street Journal: Jersey Rejuvenation Story About six years ago, Newark, N.J., seemed to be winning its long struggle to emerge from decades of urban decay, and one of the symbols of that was the opening of Eleven80, … Continue reading →

Posted in Foreclosures, New Development, New Jersey Real Estate, Risky Lending | 145 Comments

Hammers start to swing again

Posted on April 2, 2012 by grim

From the Record: Home construction shows signs of life after long downturn From new luxury homes in Saddle River to town houses in Garfield to rentals in Fort Lee, Elmwood Park, Hackensack and Wood-Ridge, North Jersey is seeing small signs … Continue reading →

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

The New (Jersey) Suburbia?

Posted on March 24, 2012 by grim

From the NY Times: High Marks for Transit Hubs WANT to know which New Jersey train stations have the most plentiful supply of parking spaces relative to town population? There’s a list for that. Or what about stations in the … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate | 36 Comments

White Elephant Returns to Jersey

Posted on November 14, 2011 by grim

From the Star Ledger: McMansions swell the real eastate market as homebuyers think small Ten years ago, when their grandchildren were young and visiting often, Frank and Rosemary Santoloci bought a brand new five-bedroom, four-bathroom home on four acres in … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate | 168 Comments

Recovery being led by gold coast condos?

Posted on November 4, 2011 by grim

From the NY Times: A Bright Spot in the Condo Market EVEN here — in a city that has been one of New Jersey’s most fertile breeding grounds for condominiums — construction has been virtually at a standstill since construction … Continue reading →

Posted in Housing Recovery, New Development, New Jersey Real Estate | 202 Comments