Category Archives: New Jersey Real Estate

Taxes don’t make things better?

Posted on March 11, 2025 by grim

From NJ Business Magazine: 80% of CPAs Concerned NJ Budget Will Leave Economy Worse Eighty percent of the 350 certified public accountants (CPAs) surveyed by the New Jersey Society of Certified Public Accountants (NJCPA) after Gov. Phil Murphy proposed his $58.1 … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 65 Comments

To the moon

Posted on March 9, 2025 by grim

From the Realtors: Revealed: America’s Hottest Housing Markets—and Why Some Buyers Are Happily Paying Over Asking in These Popular Spots New Jersey market is heating up Philadelphia, grouped together with parts of New Jersey and Delaware, saw the greatest improvement … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate | 51 Comments

The future of NJ office parks

Posted on February 22, 2025 by grim

From RentCafe: Record-Breaking 71K Apartments Set to Emerge From Office Conversions Office-to-apartment conversions are surging in popularity, with 2025 set to reach a record-breaking milestone of almost 71,000 units in the pipeline. This surge comes amid a nationwide shortage of apartments … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate, New Development, New Jersey Real Estate | 47 Comments

Where will spring ’25 go?

Posted on February 21, 2025 by grim

From the WSJ: Home Sales Likely Fell in January Home sales in January likely declined, as home prices and mortgage rates remained too high to attract buyers. Sales of previously owned homes likely fell 2.6% in January from December, economists … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate, New Jersey Real Estate | 138 Comments

Don’t come here

Posted on February 19, 2025 by grim

From the Record: Property taxes in NJ are still the nation’s most expensive. Property taxes are a thorn in the side of homeowners. While many of us wish we didn’t have to pay them, we don’t have a choice. Just … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 188 Comments

Price growth slowing, but not here

Posted on February 14, 2025 by grim

From Mansion Global: U.S. Home Sellers Are Getting More Flexible on Price as Market Stalls U.S. home buyers faced a less competitive market in January amid a sluggish activity, according to a Redfin report Wednesday.  Homes took longer to sell … Continue reading →

Posted in Demographics, Economics, Housing Bubble, New Jersey Real Estate | 168 Comments

Spring Market!

Posted on February 9, 2025 by grim

From the Record: NJ housing inventory spiked by 53% from the end of 2024. Our January market update As New Jersey’s real estate market picked back up in January from December’s end-of-year lull, the Garden State saw significant increases in … Continue reading →

Posted in Economics, Housing Bubble, New Jersey Real Estate | 33 Comments

Prices Up, Inventory Down

Posted on February 4, 2025 by grim

From the Record: Single-family home listings in NJ were down in 2024. See by how much The number of new listings for single-family homes in New Jersey grew in 2024 compared with the prior year, but that number remained well … Continue reading →

Posted in Housing Bubble, New Jersey Real Estate | 361 Comments

Jersey City is where we’re growing?

Posted on January 25, 2025 by grim

From NorthJersey.com: One North Jersey city leads the Garden State in housing development. See where While housing inventory across the nation has continued to fall short of meeting the growing demand, certain cities are making bigger strides at closing that … Continue reading →

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 109 Comments

NJ Bakes, The World Takes

Posted on January 22, 2025 by grim

Why am I posting this? Who knows. We can still make things here in NJ. From Jersey Digs: Former New Jersey Party City Will Become One of America’s Largest Doughnut Factories A former Party City space just a stone’s throw … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate, Where's the Beef? | 220 Comments

Clifton is … hot?

Posted on January 9, 2025 by grim

From the Record: Clifton is one of the hottest towns in New Jersey for homebuying. Here’s why While not much farther from New York than Bergen, many Passaic communities feature more spacious neighborhoods and are known for beloved nature spots, … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 54 Comments

December Market Update

Posted on January 6, 2025 by grim

A new thread for ChiFi, from the Bergen Record: How did North Jersey’s real estate market finish off 2024? Our December market update Real estate activity in New Jersey slowed down as 2024 came to an end, with the state … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 125 Comments

How to afford NJ

Posted on December 19, 2024 by grim

From NorthJersey.com: Historic New Jersey mansion seized from fraudster is now listed for $33M New Jersey’s historic Crocker Mansion in Mahwah was officially put back on the market this month after it was seized from a billionaire fraudster in 2023. … Continue reading →

Posted in Humor, New Jersey Real Estate | 132 Comments

Luxe Jersey

Posted on December 17, 2024 by grim

From HousingWire: Pacaso’s top markets for luxury vacation homes are in New Jersey and Florida Despite rising home prices and mortgage rates, second-home investors overtook a select group of vacation real estate markets. This week, online marketplace Pacaso highlighted counties in New Jersey, Florida and Massachusetts as leading markets for … Continue reading →

Posted in Housing Bubble, New Jersey Real Estate, Shore Real Estate, South Jersey Real Estate | 86 Comments

NJ takes top spot in price growth

Posted on December 5, 2024 by grim

From CoreLogic: US Home Price Insights –  December 2024 Home prices nationwide, including distressed sales, increased year over year by 3.4% in October 2024 compared with October 2023. On a month-over-month basis, home prices increased by 0.02% in October 2024 … Continue reading →

Posted in Housing Bubble, National Real Estate, New Jersey Real Estate | 65 Comments