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Category Archives: New Jersey Real Estate
Prediction Season!
From the APP: Realtor.com released 2024 forecast for top housing markets Coming in at No. 23 was the Allentown-Bethlehem-Easton, PA-NJ area, with forecasts of : The next New Jersey market on the list was New York-Newark-Jersey City, NY-NJ-PA, coming in … Continue reading
Don’t let the money leave
From ROINJ: Murphy appoints new task force designed to cut property bills in half for New Jersey seniors A new task force charged with cutting property tax bills in half for New Jersey seniors has been created, according to a … Continue reading
Posted in New Jersey Real Estate, Politics, Property Taxes
146 Comments
Alpine back on top
From NJ.com: These 5 N.J. zip codes are among the priciest in the country A record five New Jersey zip codes made the list of the top 100 priciest places to buy a home in the U.S., according to an … Continue reading
Posted in Demographics, Economics, New Jersey Real Estate
86 Comments
Buyer must feed the …
From NorthJersey.com: Once a New Jersey church, this $650K Zillow Gone Wild home for sale comes with a graveyard When browsing homes for sale, you stumble upon a swimming pool or a newly built deck. But, have you ever seen … Continue reading
Posted in Crisis, Housing Bubble, Humor, New Jersey Real Estate
145 Comments
Preserving History
From the NYT: The Holmdel Horn, a Cosmic Shrine in New Jersey, Stays Put A radio telescope that discovered evidence of the Big Bang in 1964, revolutionizing the study of the universe, will remain in its original place on Crawford Hill in … Continue reading
Posted in New Jersey Real Estate
46 Comments
Do mortgage rates even matter anymore?
From the APP: Mortgage rates double. Here is why that hasn’t killed Jersey Shore home bidding wars With mortgage rates rising to 22-year highs, the prospects for the sale of the house at 321 14th Ave. in Belmar could have … Continue reading
Lonely at the top
From ATTOM: New Jersey And Illinois Have Highest Concentrations Of Housing Markets At Risk Of Declines ATTOM, a leading curator of land, property, and real estate data, today released a Special Housing Impact Report spotlighting county-level housing markets around the United … Continue reading
Pay up or walk, suckers.
From the Star Ledger: Timing was key in sale of N.J. home for $205K over asking price Location may be the key word in real estate but, like anything else, timing can also make a difference. A house in Closter … Continue reading
Falling out of love with the shore
From the Star Ledger: Here’s how the Jersey Shore rental market was this summer and a reminder that it’s not over yet For the first time in a few years, you might’ve gotten a deal or picked up a prime … Continue reading
Prices Up, Inventory Down, Sales Cratering
From NJ Business: NJ Home Prices Rise but Inventory Falls Residential housing data released this week from New Jersey Realtors, the state trade association representing more than 61,000 Realtors, continues to point to a slower-than-usual summer market, with low inventory … Continue reading
Congestion pricing hurts, until it helps
From ROINJ: The next ‘Stay in N.J.’ program: Why congestion tax hurts N.J. commuters — but could ultimately help N.J. economy New York City officials say their congestion pricing system will collect billions for mass transit — and discourage drivers … Continue reading
Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate, NYC
24 Comments
Inflation hits NJ colleges
From the Star Ledger: 6% tuition increase approved for Rutgers, more than twice last year’s hike Tuition and fees at Rutgers will increase by 6% in the next academic year under a budget the state university’s board of governors passed … Continue reading
Posted in New Jersey Real Estate, Unrest
32 Comments
Filling it in
From the Jersey Journal: Jersey City considers allowing ‘cottage’ industry that could ease city’s housing dilemma Need a little extra income? Looking to move an aging relative or out-of-work college grad back home, but just don’t have the room? Jersey … Continue reading
Posted in Economics, New Development, New Jersey Real Estate, Politics
49 Comments
How much higher can rents go?
From Zumper: New York City Metro Report
Posted in Demographics, Economics, Employment, New Jersey Real Estate, NYC
71 Comments
NJ Shutdown Ahead
From Insider NJ: Murphy Unlocks the Nuclear Launch Codes Skipping over the preliminaries — meetings, discussions, negotiations or compromises with legislative leaders — Gov. Phil Murphy went directly to the nuclear option— shutting down state government on July 1 if … Continue reading
Posted in Demographics, New Jersey Real Estate, Politics, Property Taxes
66 Comments