Category Archives: New Jersey Real Estate

Shut it down

Posted on June 29, 2018 by grim

From the WSJ: New Jersey Faces Possible Government Shutdown A government shutdown is still looming in New Jersey after several days of budget negotiations between Gov. Phil Murphy and state lawmakers. The state government could close at midnight Sunday if … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics | 96 Comments

Showdown time

Posted on June 25, 2018 by grim

From the Star Ledger: Gov. Phil Murphy’s rosy scenario for economic growth is full of thorns Uh-oh. The governor’s got a new cliche. It’s “rosy scenario,” and Phil Murphy repeated it several times last week as he fought with his … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics | 89 Comments

Will you pay? Will I pay? Who will pay? No idea yet.

Posted on June 18, 2018 by grim

From the Star Ledger: Raise the sales tax? The business tax? Dueling Democratic budgets bring N.J. closer to a shutdown. Democrats who control the state Legislature on Monday announced they’ll introduce a $36.2 billion budget that would raise taxes on … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics | 158 Comments

Glimpse into the future: NJ coming for your house

Posted on June 16, 2018 by grim

What happens when NJ can’t afford to pay it’s own taxes anymore? Rampant (fraudulent?) mismanagement of assessments? Detroit offers a glimpse into what to come in NJ. From the Detroit News: Study: Bad assessments prompt 10K Detroit foreclosures One in … Continue reading →

Posted in Economics, Foreclosures, New Jersey Real Estate, Politics, Property Taxes | 105 Comments

NJ not a place for startups

Posted on June 14, 2018 by grim

From WNYC: New Jersey Wants to Stake a Claim in the Innovation Economy New Jersey Governor Phil Murphy rarely misses an opportunity to point out the Garden State once was a hub for innovation — where Thomas Edison invented the … Continue reading →

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 229 Comments

Short term looking good for NJ, long term? Ummm…

Posted on June 13, 2018 by grim

From the APP: NJ jobs: Companies hiring, and this is why you’d better grab a job now New Jersey employers are recruiting aggressively to fill job openings, but clouds are beginning to build, which could force them to temper their … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 103 Comments

Bankers not happy with Murphy

Posted on June 7, 2018 by grim

From NJBIZ: Bankers: Economy weakening under Murphy A majority of the state’s local bankers say New Jersey’s economy would worsen under policies proposed by Gov. Phil Murphy. In New Jersey Bankers Association’s annual survey on the economy, almost 69 percent … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics | 182 Comments

NJ Population Growth & Decline Visualized

Posted on June 4, 2018 by grim

From the Star Ledger:

Posted in Demographics, Economics, New Jersey Real Estate | 196 Comments

What the hell do accountants know about running business in NJ anyway…

Posted on June 3, 2018 by grim

From NJBIZ: State CPAs take dim view of economic future New Jersey’s accountants do not have a favorable outlook on the state’s economy. In a survey of 786 CPAs in the state conducted by the New Jersey Society of CPAs, … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate, Property Taxes | 26 Comments

Another Strong Spring Market

Posted on June 1, 2018 by grim

From the Otteau Group: MarketNEWS May 31, 2018 Edition NJ YTD Purchase Contracts Back Up After home sales recorded a 6% retraction in March, New Jersey recorded more than 11,000 purchase contracts during the month of April equating to a … Continue reading →

Posted in Demographics, Economics, Employment, Foreclosures, Housing Recovery, New Jersey Real Estate | 138 Comments

But are we ready to change?

Posted on May 31, 2018 by grim

From the comments the other day, but good enough to get top page billing. From the NY Times: As Office Parks Empty, Towns Turn Vacancies Into Opportunities Perched off a busy road in northern New Jersey with sweeping vistas of … Continue reading →

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 159 Comments

Fix it, Sell it, or Get Out

Posted on May 28, 2018 by grim

From the APP: A tool for targeting the ‘zombie houses’ of Toms River, throughout the Shore They’re called “zombie houses,” and they can suck the life out of any neighborhood. Zombie homes are properties whose owners have walked away from … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics | 21 Comments

Hey Democrats, where’s our pot?

Posted on May 26, 2018 by grim

From the Washington Post: N.J. Democrats loved the idea of taxing the rich — until they actually could do it Democrats in the New Jersey state legislature approved a tax hike on millionaires five separate times under then-Gov. Chris Christie … Continue reading →

Posted in New Jersey Real Estate, Politics | 59 Comments

If you thought the Russians were sneaky…

Posted on May 22, 2018 by grim

From NJ101.5: If you’re looking to buy a house in New Jersey be forewarned – the people selling the house may have you under secret surveillance. As the price of video security systems like nanny cams continues to drop and … Continue reading →

Posted in Humor, New Jersey Real Estate | 246 Comments

Hot or Not

Posted on May 21, 2018 by grim

From the Star Ledger: These 15 N.J. real estate markets are sizzling hot right now, spring edition 15. Hoboken Current home value: $788,190 Yearly growth: 8.16 Hoboken is a strong city for working millennials. It’s is a little younger than … Continue reading →

Posted in Housing Bubble, Housing Recovery, New Jersey Real Estate | 142 Comments